Question

Why are data analysts getting paid so much?

Answer 1

Analytics is becoming fundamental to many businesses around the world. With enormous amounts of data at their disposal, businesses no longer feel the need to rely on intuition when making strategic decisions. Analytics can

• Help airlines forecast the demand for their seats months in advance,
• Assist hotels predict room occupancy,
• call centres to predict call volumes,
• even football clubs predict which players are under-priced in the marke

This is something new, not many people are trained and demand is really high, so obviously when the demand is high and available resources(skilled employees) are few, they'll be paid really well.

Answer 2

It is because Data Analysts play a very important role in Business and Product Development. They monitor the performance and see how the changes that have been brought around has affected the business. Their job helps in growing the business and deciding what is right to do for the betterment of the company.