29 June 2014

Skill Set Needed For Analytics Jobs

• By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills as well as 1.5 million managers and analysts with the know-how to use the analysis of big data to make effective decisions. (McKinsey Global Institute)
• More than 85 % of Fortune 500 organizations will be unable to effectively exploit Big Data by 2015. (Gartner)
• Most organizations are ill prepared to address both the technical and management challenges posed by big data; as a direct result, few will be able to effectively exploit this trend for competitive advantage. (Gartner)
• So how will companies use this new [analytics/BI] technology? It will take having the right kind of people creating the queries and analyzing the results — developers who understand statistics and the business, or business people who understand statistics and can write queries — in other words, people with skills in short supply. (Gartner)
• By 2014, 40% of spending on business analytics will go to system integrators, not software vendors. (Gartner)
• 46% of organizations cite inadequate staffing or skills for big data analytics. (TDWI Research)
• More than three-fourths of 169 executives surveyed say staffing and training issues are the greatest obstacles to making the most of big data. (Ventana Research)

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