Big Data Big Bugs : Undoubtedly, with explosive increase in data being generated in business’, the need to process the data in faster and meaningful way, so as to support business decisions, is getting paramount attention. This is creating a huge demand for Data Analytics Professionals across various Industries. I absolutely agree that “Job as Data scientist is the sexiest job of 21st century” (ref: Harvard Business Review, Oct’12).
In United states alone, a shortage of about 190,000 professionals (ref: Mckinsey report 2008) with analytics skills, along with about 1.5 million managers and analysts to positively meet the resource demand. A quick search as on today at indeed.com shows 74,600 job opportunities in India.
Business Analytics uses data analysis through quantitative methods in transforming the huge data into meaningful actionable intelligence, thus enabling organisations to better better business decisions thereby becoming more competitive in the market.
At Entry Level career in Business Analytics, candidates with affinity to statistics and related mathematics can pursue selected certification courses in Business Analytics along with internship so that they are equipped with skills in demand in the job market.
There is a wide skill gaps in the emergence of Big Data, providing the brightest career opportunities for young managers and future leaders in area of data scientists and data analysts in various industry.
I shall continue this discussion with evolving career tracks in Business Analytics in next part.