Communicating with numbers has always been a challenge in businesses and other organizations, and it's one that's come to the forefront as more are embracing analytics as central to informed decision-making.
James M. Connolly, Editor of All Analytics, 1/18/2017
How many times have you heard this quoted or paraphrased (usually inaccurately) in the past six years?
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.
Have you ever been in the market for something, say a particular pair of Nike running shoes, and you do an Internet search for them? You buy a pair, either in a store or online, and then you think you are finished with that particular transaction. But no. Every web site you visit is now showing you a picture of those shoes, sometimes with a new discount.
Like so many long-running vertical industries, retail experienced a big disruption, first from the internet and the rise of ecommerce and digital-first competitors entering the market, and then from the rise of consumers carrying mobile phones -- their own little comparison shopping tools that fit right in a purse or pocket.