Big Data is one of the four most

important foundations of the 4.0 technology revolution along with the Internet of Things - IoT (Internet
of Things), Artificial Intelligence - AI (Artificial Intelligence), Blockchain- Blockchain. Big Data is
understood as huge data, which is a source of information assets of large capacity and diversity, with
high speed, requiring cost-effective forms of information processing, in order to improve work
efficiency. decision making and process optimization. In other words, Big Data is a huge data file that
cannot be analyzed by conventional tools and software. The importance of big data is not in the amount
of data we have, it is in what we do with it.

Most businesses and organizations will use big data analytics to find answers to questions related to cost
reduction, time reduction, new product development, optimal service and make smart decisions. When
big data analysis is fully supported, humans can do a good job of identifying the root causes of failures,
creating reasonable promotions based on customer habits. customers for their business, calculate the
risks encountered, detect fraud before it has an impact, ...

As a branch of Data Analytics, Business Data Analytics is an interdisciplinary discipline between

information technology and economics. The work focuses on collecting, exploiting, managing and
processing data sets - Big Data from which to make judgments and predict future operating trends.
Business data analytics can include exploratory data analytics, confirmatory data analytics, quantitative
data analytics, and qualitative data analytics (with a focus on data such as videos, images, and videos).
documents),... This is meaningful and important work for any organization or business, especially in the
fields of banking, finance, investment, insurance, tourism, defense, aerospace and medicine…

Some people wonder about the future of Data Analytics under the influence of science and technology.
However, the reality has shown that automatic data analysis systems are being put into use in many
companies, but it has not yet been able to fully meet the needs of users. According to studies, 80% of
work cannot be automated; The remaining 20% can be done by machine but the efficiency is not high.
Furthermore, machine learning can only solve simple problems. More complex problems require human
thinking to solve. Therefore, the Data Analytics industry will not disappear even as technology evolves.

Data Analytics is considered the most "sexy" industry of the 21st century. Two reasons for Data Analytics
to be the sexiest industry of the 21st century are salary and job opportunities.

Salary of Data Analyst

According to Glassdoor (a well-known global US recruitment website), the average salary of a data
analyst is about 84,000 USD/year, while in Vietnam, this figure is also over 470 million/year. According
to statistics of TopDev (reputable recruitment and job placement platform in the IT industry in Vietnam).
This level of income is well above the average, which makes data analysis an attractive profession and
was voted the "sexiest" profession of the century.

Knowing in advance about the average data analyst salary in different countries can be helpful,
especially if you are thinking of becoming a global citizen. Average base salary of Data Analytics in
several countries around the world (India over ₹9,50,000; US over $65,000; UK over £27,000; Canada
over C$56,000; Australia over A$82,000 ; Singapore over S$55,000; Germany over €45,338; Denmark
over DKK 881,794; Malaysia over RM 44,127 according to research results by Nikita Duggal, published in
February 2021.

However, this salary can vary depending on the experience and location of the data analyst. For
example, Zippia - USA reports the median salary of a data analyst for someone with up to 2 years of
experience and a bachelor's degree at $54,000. After 2 to 4 years of work, you can expect an average
salary of $70,000.

A senior analyst with about 6 years of experience asks for a higher salary of around $88,000, but a data
analyst can surpass $100,000 (Zippia analyzed their data combined with the information. salary from US
Department of Labor, PayScale and Salary.com).Data Analytics job openings

According to the World Economic Forum (WEF), the demand for data analytics personnel has increased
sharply in 2020, 6 times higher than 5 years ago. In the next 5 years, this percentage will continue to
increase even more due to the increasing amount of human-generated data. Thanks to that, the job
opportunities and career development of those who pursue Data Analytics are also extremely open.