You need to enable JavaScript in order to use the AI chatbot tool powered by ChatBot

The future of AI: How AI is transforming data driven professions

Alex Simmons our consultant managing the role
The emergence of artificial intelligence (AI) has sparked a revolutionary shift in technology. In a previous article we have explored the ways in which AI is transforming industries and already making significant contributions, impacting our daily lives.

Previously data analysts were heavily involved in writing intricate code to edit, analyse and visualise data. However, the emergence of AI tools that can automate coding tasks is changing the dynamics of this profession. In March, Goldman Sachs published a report showing that AI could replace the equivalent of 300 million full-time jobs.

AI algorithms can now generate code snippets for common data operations, leaving data analysts with less need to manually write codes.  The transition, however, doesn't render data analysts obsolete. Instead, it empowers them to elevate their roles. With AI handling routine coding, data analysts can delve deeper into problem-solving, uncovering insights, and devising innovative strategies. The emphasis shifts from the mechanical execution of code to the nuanced understanding of data patterns and trends.

The future of AI in data analysis depends on how analysts adapt and leverage its potential, with organisations increasingly shifting towards automation and AI-driven insights.

As a data analyst, it's important to embrace AI, stay up to date on AI technologies, enhance proficiency in AI-related skills, and learn how to use AI tools effectively. As AI takes over routine coding tasks, analysts need to upskill and broaden their expertise. Proficiency in interpreting AI-generated code, understanding underlying algorithms, and leveraging advanced analytics tools becomes crucial. Get up to speed on topics like machine learning, natural language processing, and automated analytics.

In essence, the rise of AI in automating coding processes presents a unique opportunity for data analysts to redefine their roles. The transformation from code-centric responsibilities to more strategic, analytical, and interpretative tasks marks a paradigm shift in the industry.
In conclusion, there is no doubt that AI will reshape the workflows in data analysis and data engineering. Repetitive types of tasks or even analyses will in time be performed by generative AI. AI analytics systems can really add value, and augment hard-working data engineers to tackle the challenging problems that will lead to bigger rewards for the company down the line. The integration of AI in data-related roles signals a transformative era for data analysts. While routine coding tasks may become automated, the real value lies in analyst’s ability to harness AI capabilities for deeper insights and strategic decision-making. This evolution demands a proactive approach from data analysts to adapt, upskill, and embrace the collaborative potential of AI in reshaping the future of data analysis.
Staying ahead of this curve, teaching yourself to use new tools as they become available, and maintaining awareness of areas where the human touch is still necessary, is the key to thriving in the age of AI. Generative AI has the potential to automate certain aspects of data analysis, but it is unlikely to replace human creativity and strategic thinking.  With human oversight and expertise combined with the scale and speed of AI, data teams are empowered to drive insights and impact like never before.

How Marks Sattin can help you 

Our established IT recruitment team has a well-earned reputation of being proactive and meticulous in their approach to sourcing top talent.  At Marks Sattin, we have been working with specialist IT talent for over 30 years. For more information on how we match candidates with the right client, contact us.

Browse our latest technology jobs or view vacancies in our other specialisms, including financial services and commerce & industry.


07/02/24
jobs

Related jobs

Finance Administrator - 6 month contract

Salary:

Up to £25,000 per annum

Location:

Chesterfield, Derbyshire

Industry

Business Services

Qualification

None specified

Market

Commerce & Industry

Salary

£25,000 - £30,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Contract

Description

Marks Sattin are currently recruiting a Finance Administrator for a 6 month fixed term contract, based in Chesterfield.

Reference

BBBH183066

Expiry Date

01/01/01

Yasmin Clough

Author

Yasmin Clough
Find out more
Head of Finance

Salary:

£65,000 - £73,000 per annum

Location:

Wilmslow, Cheshire

Industry

Property and Infrastructure

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£70,000 - £80,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Head of Finance role for a fast-growing property organisation based in Manchester city centre offering hybrid working and paying up to £73,000.

Reference

BBBH183149

Expiry Date

01/01/01

Nathan  Jones

Author

Nathan Jones
Find out more
Finance Director

Salary:

Negotiable

Location:

West London, London

Industry

Transport & Logistics

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£100,000 - £125,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

I am working exclusively with a global, logistics business based in West London who are currently seeking a Finance Director to join the team.

Reference

BBBH183498

Expiry Date

01/01/01

Hannah Spears

Author

Hannah Spears
Find out more
Accounts Assistant

Salary:

£27,000 - £28,000 per annum

Location:

Chester, Cheshire

Industry

Business Services

Qualification

None specified

Market

Commerce & Industry

Salary

£25,000 - £30,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Permanent

Description

Accounts Assistant

Reference

BBBH183497

Expiry Date

01/01/01

Glenn Fyfe

Author

Glenn Fyfe
Glenn Fyfe

Author

Glenn Fyfe
Find out more
Finance Manager (Commercial/FP&A) - Hybrid Working

Salary:

£55,000 - £65,000 per annum + hybrid working

Location:

Cheshire

Industry

Investment Management

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£60,000 - £70,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Our client - an exciting professional services business in Cheshire are seeking a experienced Finance Manager to focus on business partnering/FP&A.

Reference

BBBH182912

Expiry Date

01/01/01

Laura Halloran Find out more
Interim Credit Controller

Salary:

Up to £27,000 per annum

Location:

Sowerby Bridge, West Yorkshire

Industry

Business Services

Qualification

None specified

Market

Commerce & Industry

Salary

£25,000 - £30,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Contract

Description

Marks Sattin are currently recruiting an experience Credit Controller on a interim basis until the end of April 2025.

Reference

BBBH183479

Expiry Date

01/01/01

Yasmin Clough

Author

Yasmin Clough
Find out more
FP&A & Regulatory Accountant (12 month contract) - Banking

Salary:

£60,000 - £75,000 per annum + + pension & benefits

Location:

London

Industry

Investment Banking & Capital Markets

Qualification

Fully qualified

Market

Financial Services

Salary

£70,000 - £80,000

Job Discipline

Qualified Finance

Contract Type:

Contract

Description

FP&A & Regulatory Accountant (6-Month Contract) - Banking - £65,000-£75,000 + benefits

Reference

BBBH183051

Expiry Date

01/01/01

Paul Roche

Author

Paul Roche
Paul Roche

Author

Paul Roche
Find out more
View all jobs