Top 5 Reasons to Attend the Digital Transformation Summit 2017

From the Global Chamber® Manila Newsletter

May 9, 2017

  1. Be inspired by an all-star lineup of speakers, who are already gaining significant benefits from adapting new technologies
  2. Learn about various technological platforms such as AI, IOT, Big Data, Analytics, and how it’s disrupting businesses
  3. Reflect, reexamine your company’s issues and goals, and set your vision and new strategy for the next decade
  4. Engage and network with executives and fellow thought leaders
  5. Empower the culture of innovation within you!

Not registered yet? It’s not too late to sign up!

I will be one of the speakers, talking about Data Storytelling. It is quite an honor to part of this awesome event! 🙂

Attend one or both days of the Digital Transformation Summit this May 24 and 25 at SMX Aura Convention Center.

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This I Why I Do What I Do…

This is why I do what I do…

Ron: Hi Mr. Dan Meyer, I have attended Data Science Philippines Meetup last February 22. And listened to your talk. I am a graduating student, and a former Data Scientist Intern. I want to be a Data Scientist, but Companies need an experienced person to be their data scientist. I just want to ask, what job should I take first to become a Data Scientist soon? Thank you for reading my message, hope you’ll answer me.

Dan: Data Analyst. IT Staff. Development Staff. Anything where you get to use data everyday. This will give you some hands on experience that you can use to more towards data science. Basically you need to get practical experience coding and managing data. Hope that helps. SQL is probably the most versatile language to learn, but any of the ones you see listed in a data science job posting will help.

Ron: Thank you for the response Mr. Dan Meyer, I’ll keep it in my mind, that really helps. I am hoping to be just like you soon.

Analytics Training – DMAIPH offers a wide range of analytics centric training solutions for professionals and students via public, in-house, on-site, and academic settings. We tailor each training event to meet the unique needs of the audience. If you need empowerment and skills enhancement to optimize the use of analytics in your organization, we are here to help. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to set up a free consultation to learn which of our DMAIPH analytics training solutions is best for you.

Global Demand for Analytics and Data Science Talent

There are not enough analytics experts and data scientists to go around.

I say this a lot.

Just did a quick google search to put some recent data points and commentary to back up what I say.

The mass adoption of big data has seen companies across sectors scramble to hire enough data scientists to glean insights and drive decision making.

A decade ago, explaining data science to employers was challenging. Few people understood the value of a skill set that combines computer science, statistics, operations research, engineering, business insights and strategy and the impact it can have on a business.

But things have changed over the last five years. Not only has the term “data science” become commonplace, but data scientists have become highly sought after in the marketplace

According to a 2015 MIT Sloan Management Review, 40 percent of the companies surveyed were struggling to find and retain the data analytics talent. And the picture is starting to look even bleaker.

International Data Corporation (IDC) predicts a need by 2018 for 181,000 people with deep analytical skills, and a requirement five times that number for jobs with the need for data management and interpretation skills.

A report by McKinsey & Company is frequently referenced, stating that 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.

Deloitte’s Analytics Trends 2016 report notes that while there is a rising number of university analytics and data science programs (more than 100 just in the U.S.), they nonetheless can’t crank out enough sufficiently trained people to meet demand.

Consequently, the report recommends that companies should:

  • Actively recruit on campuses with data analytics programs.
  • Develop internships and student projects both as a recruiting tool and to groom students for an efficient transition to the general business world and company culture.
  • Establish meaningful and rewarding career paths with an infrastructure in place most likely to interest and attract new talent.

In a recent blog post, Facebook listed a number of tips for students to prepare for such fields. Chief among them: “Take all the math you can possibly take,” including probability and statistics. (And while you’re at it, the company recommends, make sure you take some computer science, and try to squeeze in engineering, economics, philosophy of knowledge, and the latest brain research, too.)

One of the reasons I am so bullish about 2017, is that appetite for analytics and datas science is through the roof. Finally, everyone is starting to get serious about how to infuse their decision-making with more data.

DMAIPH specializes in empowering and enabling leaders, managers, professionals and students with a mastery of analytics fundamentals. Contact DMAIPH now at analytics@dmaiph.com or connect with me directly to find out what we can do to help you acquire the analytics mastery you and your organization need to be successful in today’s data-driven global marketplace.

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Sources

http://www.business.com/recruiting/big-data-big-problem-coping-with-shortage-of-talent-in-data-analysis/

https://techcrunch.com/2015/12/31/how-to-stem-the-global-shortage-of-data-scientists/

https://content.pivotal.io/blog/mckinsey-report-highlights-the-impending-data-scientist-shortage

http://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/big-data-the-next-frontier-for-innovation

https://code.facebook.com/posts/384869298519962/artificial-intelligence-revealed/