So the last blog post gave us the history. Now let’s cast an eye on the future.
Over the past year or so I have started to see a significant effort from data science and analytics professionals come together to address some of the challenges outlined in my last blog post.
In short, the way higher education and the government has approached the need for analytics talent is simply to little to late to meet the needs of many businesses.
Everything they are doing helps, but in the end the world is desperately looking at the Philippines to do with analytics what it did with customer service. To become a center of capable, long-term and affordable talent.
With taking customer service calls, it was a natural fit given that most Filipino college graduates have a foundation in English. With analytics and data science it has not been so easy. While many Filipino have the underlying course work in coding, database management, computer science, etc… they are not getting enough exposure to data-driven decision making, business intelligence tools, and more advanced things like machine learning, prescriptive analytics and blending big data from diverse data sources.
I don’t want to sound too pessimistic, things are moving quickly but it is generally the multinationals driving things forward. They have the clients, they have the need and so they go out and find people and train them. That’s why 3 years ago hardly anyone in the private sector was offering analytics training, now you see more and more options all the time. They are generally expensive and narrow in focus, but they are opening up huge opportunities for data loving Filipinos to get into upwardly mobile and financially rewarding careers.
I belong to a couple of newly founded organizations of data scientists and analysts who meet on a regular basis to share knowledge, support each other’s ideas and build a community with the goal of using data to helping both the Filipino to fill these open jobs and for the Philippines to begin to use more data in decision-making so we can solve the big issue problems important to all of us.
It’s a pretty exciting time.
So where next?
Given that the Philippines is one of the youngest countries in terms of average age on the plant and the youth are incredibly communal and very tech savvy, I have found great success in training batch of Filipino fresh graduates in basic analytics. Of the 200 or so trainees I have personally trained, most of them now have jobs with analyst in their title.
I have also seen a lot of talent quickly go from novice to expert using applications and doing coding in relatively short periods of training. In many respects the approach to analytics is more vocational then academic allowing for quicker training.
Beyond these strength, you can expect more partnerships between the government, higher education and big business to offer training and career pathing. The success of the BPO industry is really the driving force to add employees who can do the tasks of an analyst. The huge surge in job postings demonstrates this quickening trend.
Finally, the reason I see a bright future for analysts and data scientists in the Philippines is the simple fact that Filipinos gravitate to under filled career paths, they push themselves to get the skills to fill those jobs. You see it in the Middle East oil fields, in sailors and seamen in just about every ship at sea, you see it with overseas workers across the planet, and you saw it happen with call centers.
And that is exactly why I set up my business in the Philippines. Here are some of the analytics solutions we offer:
The Fundamental of Business Analytics – Business Analytics is the application of talent, technology and technique on business data for the purpose of extracting insights and discovering opportunities. DMAIPH specializes in empowering organizations, schools, and businesses with a mastery of the fundamentals of business analytics.
HR & Recruitment Analytics – The recruitment and retention of top talent is the biggest challenge facing just about every organization. You really have to Think Through The Box to come up with winning solutions to effectively attract, retain and manage talent in the Philippines today. DMAIPH is a leading expert in empowering HR & Recruitment teams with analytics techniques to optimize their talent acquisition and management processes.
Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to learn how to get more analytics in your Business or your HR & Recruitment process so you can rise to the top in the ever quickening demand for top talent.
Decision-Making, Analytics & Intelligence > Philippines 