If you take a quick look at Glassdoor.com and their “50 Best Jobs in America” for 2017, you will notice that Data Scientist ranks at #1, among several other “data/analytics” titles in the list. Although this is evidently a highly desirable job, there appears to be a large talent gap in the field. Recent research by McKinsey Global Institute has projected that by next year, the US could face a shortage of 140,000 to 190,000 professionals with deep analytical skills, i.e., advanced statistical training and knowledge of machine learning. What exactly is data science? While not an entirely new concept, the terms “data science” and “data scientist” have exploded in popularity in the past 5-10 years. At its core, data science is about using scientific methods along with new technology systems to gather insights from massive amounts of heterogeneous data.
Tag: techniques
Building an Organization’s Performance Culture
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Read MoreFor leaders tasked with developing a performance culture in response to the Human Capital Framework (HCF) released by The Office of Personnel Management (OPM) in April, I suspect agencies are seeking answers to the questions like: Where do we start and how do we interpret the framework? If you are uncertain with where to start, how to make it relevant to your agency, or how to execute let’s explore possible immediate steps to support your existing performance culture or begin to shift your existing culture to one of performance.
What Is Data Science and Why Do We Need More Data Scientists?
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Read MoreIf you take a quick look at Glassdoor.com and their “50 Best Jobs in America” for 2017, you will notice that Data Scientist ranks at #1, among several other “data/analytics” titles in the list. Although this is evidently a highly desirable job, there appears to be a large talent gap in the field. Recent research by McKinsey Global Institute has projected that by next year, the US could face a shortage of 140,000 to 190,000 professionals with deep analytical skills, i.e., advanced statistical training and knowledge of machine learning. What exactly is data science? While not an entirely new concept, the terms “data science” and “data scientist” have exploded in popularity in the past 5-10 years. At its core, data science is about using scientific methods along with new technology systems to gather insights from massive amounts of heterogeneous data.