Business analytics has the potential to make modern organisations more efficient, robust and successful than ever before. Source: UNH
The global market is continuously evolving through competitive and regulatory pressures, necessitating fast and accurate business decisions. Big data has disrupted the skills and knowledge required of employees across functions to deliver value to their organisations.
The McKinsey Institute projects that the US will face a shortage of about 190,000 data scientists and 1.5 million managers and data analysts who can interpret and implement data.
These are essential skills that businesses need to unlock insights that bolsters their competitive edge.
It’s clear that business analytics has the potential to transform modern organisations, and improve their business strategies, making them more efficient, robust and successful. Despite that, deriving insights from data and converting that knowledge into action, is a skill that requires trained experts.
Narrowing the data-driven professional gap
The University of