Analytics and Data Science Spend & Trends Report

21 ANALYTICS & DATA SCIENCE SPEND & TRENDS REPORT

“You must build consensus in every group and every employee throughout your company. It’s not always easy.”

leadership team has their own set of org-centered, idiosyncratic problems that they’ve gotta figure out how to deal with, including opening up data access, embracing a culture of change, and building a philosophy that embraces analytical decision-making. Which may explain why we’re seeing so many people at a senior and executive level interested in this report, because they’re looking for all the help they can get from other people to say how, ‘how are you doing this?’ And they’re looking for help in any number of different categorical places. ‘Is it leadership?’ ‘Is it HR, recruiting, and training?’ ‘Is it engineering and operationalization?’ It’s hard, it’s exciting, and the stakes are incredibly high. The good news is that you can see the needle moving: More companies are making crucial moves like implementing data-fluency training for all employees, making data governance standards strong and understandable, atomizing

data-team structures so that data specialists are everywhere in your org and not just in a high-demand/ underfunded tiger team. HR is increasingly playing a crucial role with org-wide data literacy training and L&D (learning and development) offerings to employees that enable you to hire for individual qualities and then to train or skill-up in various levels of data skills. Because the other huge thing about this, is that there’s a lot of opportunity in turn in terms of jobs: Data-literate organizations are attractive to, and offer a great path for, people who know how to be an effective change agent. Folks like that can write their own ticket, they’re going to be in high demand. Build data literacy into your orgs and hire for data fluency. It you’re not hiring right now due to the economy, start training in-house; skill- up your teams. Now’s the time to build your competitive edge.

Steve Weiss Content Manager, Data Science & Business Analytics LinkedIn

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