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The Age of Big Data - need for data analysts

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5/2/06
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GOOD with numbers? Fascinated by data? The sound you hear is opportunity knocking.

Mo Zhou was snapped up by I.B.M. last summer, as a freshly minted Yale M.B.A., to join the technology company’s fast-growing ranks of data consultants. They help businesses make sense of an explosion of data — Web traffic and social network comments, as well as software and sensors that monitor shipments, suppliers and customers — to guide decisions, trim costs and lift sales. “I’ve always had a love of numbers,” says Ms. Zhou, whose job as a data analyst suits her skills.

To exploit the data flood, America will need many more like her. A report last year by the McKinsey Global Institute, the research arm of the consulting firm, projected that the United States needs 140,000 to 190,000 more workers with “deep analytical” expertise and 1.5 million more data-literate managers, whether retrained or hired.

http://www.nytimes.com/2012/02/12/sunday-review/big-datas-impact-in-the-world.html?_r=1&hpw
 
Bridgewater in CT recruits for entry-level positions in data analysis. It's nearly impossible to get an interview without an external recruiter though.
 
the consumer banking industry has started to tap into the treasure land of the web traffic and social media data. I wonder if it is just matter of time that the decision making process in the investment sector will start to get a taste of it. Or it may already be there. Right now, the whole online media analytics business is going through a transformation led by the technology pioneers. The data mining part is always gonna be tricky. After all, it is garbage in, garbage out. When the age of big data fully arrives at the job market, people with a full span of knowledge ranging from math/stats, web data analytics, financial, consumer behavior, and business principles will rock.
 
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