Data and analytics capabilities have been the popular topics over the past few years. This isn’t surprising considering the volume of available data has grown exponentially, with no signs of stopping. Quality magazine brought this interesting topic to us in their article, “Harness the Power of Your Data Better, Faster, and Easier Than Ever Before.”
Because of this volume, data continues to grow. There are some challenges ahead for organizations looking to deliver value using data analytics. The biggest being the continuing shortage of analytical talent. By 2020, the number of jobs for all US data professionals will increase by 364,000 openings to 2,720,000 according to IBM, however only 23% of educators say all American college and university graduates will have data science and analytics skills.
The shortage of data scientists around the country has been well documented. While data scientists aren’t the only ones who can tell us what’s in our data, their particular skill sets make them the golden goose most organizations are seeking.
Melody K. Smith
Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.