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Business analytics in the age of Big Data | Business analytics in the age of Big Data | London Business School BSR - 0 views

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    "Going from small data analytics to Big Data analytics or to predictive and prescriptive analytics is trickier. Expanding in both dimensions is human capital intensive, requiring talented data scientists. A McKinsey report (2011) estimates that by 2018, there will be a shortage of 140,000 to 190,000 workers with "deep analytical" experience and a further 1.5 million data-literate managers in the US. Technology giants such as Google, Facebook and Amazon, and large investment banks and top hedge funds can afford such employees, however even now the competition is fierce, as is evidenced by the ongoing talent war in Silicon Valley. The data scientist is indeed a sexy job in the 21st century."
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