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Finance Execs See Value in Analytics Spend
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Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/22/2014 11:40:04 AM
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@Phoenix, I think you're right about the outsourcing. We're already hearing quite a lot about outsourcing of analytics to firms in India, for example. Of course, outsourcing analytics does come with its own slew of concerns, which we talked about in a radio show earlier this year ( Outsourced Analytics: What You Need to Know)

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/21/2014 6:25:31 PM
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@Beth According to him the pay here is better. The cost of living though is really high in Singapore. It is also much easier for him to fly home to Sri Lanka. That is a very big incentive when you want to visit your parents. It is only a three and a half hour flight to Sri Lanka from Singapore. It could be assumed that different people would have different motivating factors to take a job abroad. However, I have a feeling that outsourcing may soon take over and people would just work from their native country without having to report to a physical office. Specially in the IT sector. What do you think?

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/21/2014 5:00:18 PM
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@Phoenix, any idea why the move from the UK to Singapore? Was the job market better in Singapore, by chance?

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/21/2014 12:55:42 PM
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@Beth I agree. Analytics professionals seemed to be very 'international'. I recently met an analytics professional who as born in Sri Lanka, educated in Sri Lanka, and then trained and worked as an analytical professional in the UK. He is now working in Singapore. This is just one example.

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/21/2014 9:02:58 AM
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@Phoenix, that's interesting, given that we've reported, that a good portion of advanced analytics talent here comes from foreign workers, too. This is based on a Burtch Works study showing  that 35%, a "disproportionately large number," of data scientists in the US were born outside the country. 

 

 

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/19/2014 10:35:40 AM
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@Beth When I searched for Analytics related courses I found many available in Singapore. That means the education system is keeping up with the changing needs. However, most of the population here are not Singaporeans. They are foreigners who have come to work here. So most have not gone through the education systems here. Therefore, foreign manpower is needed to cater to the demand.

They should see it
  • 7/18/2014 4:36:26 PM
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These are the executives most used to looking at a business through the numbers. It is only logical that they would see the value of this effort.

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/18/2014 1:14:11 PM
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Funny, Jim, that's exactly the training I had in mind when Bryan mentioned it. Great minds...

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/18/2014 1:08:24 PM
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Phoenix, I'm curious -- is the higher ed system there keeping up with the need for more analytics professionals? 

Re: Better Days Ahead but not the Age of Aquarius Yet
  • 7/18/2014 11:31:17 AM
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If this is the view point of countries around the world this would mean competition among businesses and even countries to hire and retain a analytics professionals. In fact it is already happening here with people in relevant fields being given jobs here and encouraged to work here.

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