BI Trends

Enterprise Analytics Trends to Watch in 2018: Competition for Data Science Talent Heats Up

While many of today’s enterprise business trends are focused on technology, executives may want to put an equal emphasis on human talent, especially when it comes to data science and analytics skills.

A BHEF and PwC report titled Investing in America’s Data Science and Analytics Talent: The Case for Action predicts that by 2020, there will be 2.7 million job postings for data science and analytics roles. But Teresa Green, VP of Talent Acquisition for MicroStrategy and formerly Head of Global Talent Acquisition at CEB, now Gartner, notes the shortage for individuals with those skills is already beginning to grow.

In 8 Enterprise Analytics Trends to Watch in 2018, she advises “in 2018 and beyond, enterprise organizations need to focus attention not just on their recruiting efforts for top analytics talent, but also their retention efforts.

 

“The challenge lies in that less than five percent of college students today are taking courses in data science, so the future supply of talent isn’t predicted to grow to meet needs. While 69% of employers focused on data’s role in digital transformation say in the next few years they will prefer job candidates with data science and analytics skills over those without, educators say only 23% of all graduates in 2021 are on course to hold these skills.”

 

So what’s a company focused on becoming a more intelligent enterprise to do? Green says “for enterprise organizations to have the talent they want and need tomorrow, they not only need to up the ante on their acquisition efforts today, but start growing their talent in house."

 

 

For more advice from Green and other influencers, including Forrester VP and Principal Analyst Boris Evelson, Constellation Research Founder and Principal Analyst Ray Wang, and Impact Analytix Founder Jen Underwood, download the eBook: 8 Enterprise Analytics Trends to Watch in 2018.

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