53% of big data-focused companies say analytics experts will be tough to find for the next two years. Here's how IT leaders plan to train, borrow, or steal talent--and what job seekers should know.
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7 Tips On Closing The Big Data Talent Gap The just-released InformationWeek 2012 State of IT Staffing Survey reveals that 40% of those who cite big data and analytics as a top hiring priority say they'll increase staffing in these areas by 11% or more during the next two years. At the same time, 53% of these companies say it will be hard to find big-data-savvy analytics experts. Respondents expect to try a mix of retraining of existing people, hiring of new employees and contracting of consultants and temporary employees to fill the gap.
First, have existing employees attend conferences, webinars and vendor-sponsored training classes that offer low-cost educational opportunities either locally or online. It's a great way to find out who's prepared to lead your big-data initiatives and what holes you need to fill.
Second, institute a liberal tuition-reimbursement program to cover a range of educational opportunities. That's what 65% of our respondents say they've done as an incentive for employees to retrain.
Our third tip is to rethink how you're taking advantage of existing talent. Many large and sophisticated companies have analytics experts on staff, but their work is often confined to areas such as research and development. Dow Chemical, for one, has successfully reassigned many of its PhD-caliber employees from R&D to work with business units on operational challenges such as optimizing supply chains, logistics, purchasing, and pricing.
Our fourth tip isn't for every company, but even comparatively small outfits such as Ancestry.com go to where the talent is available. The genealogy website has its headquarters in Provo, Utah, and a satellite office in San Francisco. General Electric opened an office in San Ramon, Calif., specifically to draw on tech talent in the San Francisco Bay area.
Analytics has been a hot topic for at least five years, so many colleges and universities are now turning out graduates from newly established degree programs. Our fifth tip is to tap into standout analytics programs including those at North Carolina State University, the University of Ottawa, Northwestern University, DePaul University, the University of Connecticut, Oklahoma State, Texas A&M, Texas Tech, California State University at Long Beach and the University of Alabama. Schools offering degree programs in the big-data-oriented discipline of machine learning include Carnegie Mellon, California Polytechnic State University in San Luis Obispo and the University of California at Berkeley.
Our sixth and seventh tips relate to the skills you should look for and the corporate culture you should cultivate as a would-be employer. The advice cuts both ways if you're a would-be big data analytics employee; read on to consider our detailed advice on what skills to build and the type of environment where you might feel at home.
6 Tools to Protect Big DataMost IT teams have their conventional databases covered in terms of security and business continuity. But as we enter the era of big data, Hadoop, and NoSQL, protection schemes need to evolve. In fact, big data could drive the next big security strategy shift.
Big Data Brings Big Security ProblemsWhy should big data be more difficult to secure? In a word, variety. But the business won’t wait to use it to predict customer behavior, find correlations across disparate data sources, predict fraud or financial risk, and more.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
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