Beth Schultz

Analysts Come Hither

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Joe Stanganelli
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Re: Jobs
Joe Stanganelli   5/2/2012 8:18:33 AM
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Hi, Daniel.

I'm simply reporting on a study of the demand for those jobs.  (And, of course, they are likely to get filled -- at least, most of them.)

Joe Stanganelli
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Re: Jobs
Joe Stanganelli   5/2/2012 8:17:11 AM
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Hi, Pierre.

It's the other way around, too.  The amount of talent here already simply from the schools we have is precisely the reason many high tech firms have located or relocated here.

Pierre DeBois
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Re: Internal talent might be better at analytics
Pierre DeBois   4/30/2012 9:07:57 PM
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You've hit a key factor - time.  If time is needed to develop the anaswers, then an internal team of savvy employees would have enough understanding to select models and data that fit the structure of the business.  This would avoid time wasted on analysis that do not closely fit the business needs to be answered.

Broadway
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Re: Need still there
Broadway   4/30/2012 2:24:37 PM
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@Maryam, can you give a couple specifics on what key areas need more analytics in place? One of the best features of this site is real-time, real-world insight from practitioners, which is especially helpful when it's as specific as privacy concerns allow!

Maryam@Impact
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Need still there
Maryam@Impact   4/30/2012 12:37:45 PM
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I think it's critical that companies engage in analytics especially in the current economic environment however I am still seeing a lack of analytics in key areas that could drive efficiencies on multiple levels. There is still the understanding gap.

Daniel
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Re: Jobs
Daniel   4/30/2012 5:58:23 AM
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Joe, what made you to think that the head count is going to be getting doubled with in next 05 years. Any initiatives are there to train more peoples into analytical/data mining sector or chance for job opportunities.

WaqasAltaf
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Re: It's really true!
WaqasAltaf   4/30/2012 12:03:22 AM
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@ Shawn

"Nothing would be worse than bringing that talent on board only to have executives unready to hear or act on their data "

So true. Also this example can be extended to deploying advanced analytics' systems. If the executives are the ones that make decisions on the basis of word of mouth or their unsubstantiated observations, then its useless to invest on systems and people who would then be useless to organization. Internal culture development is more important first.

WaqasAltaf
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Internal talent might be better at analytics
WaqasAltaf   4/29/2012 11:53:40 PM
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The companies must learn to distinguish between two things. Do they want talent for analytics-based systems that involve compex analytics or do they want talent for implementing new variety of analytics in an already existing system? If its the latter case, then inhouse staff, if its reasonable on analytics, can be trained and taught new ways of producing analytics to fulfill business needs instead of external recruitment. Inhouse talent development will not only develop the culture of organic growth, it will also avoid recruitment costs (not only monetary but adverse effects of changes). Also existing employees would be better aware of business needs and it wont take them time to understand the purpose of advanced analytics deployment in organization. 

Jenn
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Re: It's really true!
Jenn   4/29/2012 6:31:53 PM
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Beth, as you say, everyone should be involved including the consumer. We as consumers need to become more accustomed to answering the questions and being forthwith with the correct information companies need to make better decisions for their companies.

Pierre DeBois
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Re: Jobs
Pierre DeBois   4/29/2012 1:48:38 AM
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Joe, that's a very high increase even for 6 year period. Massuchusetts attracts a lot of talent to begin with, so there's some hope of matching demand and supply. I wonder about other regions that have high demand but not as many sources to draw supply.  

Thanks for sharing that stat.

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