ieg 201402 nasscom aig panel - analytical talent development
DESCRIPTION
Information Excellence Group 2014 Spring "Business Analytics Industry Summit", NASSCOM AIG Panel Discussion, Analytical Talent Development, Tejas Sanghavi, VP, Analytics Academy, FRACTAL Ravi Shankar, AVP and Portfolio Head, INFOSYS Vineet Mehta, Group Manager – Enterprise BI, TARGET Prof. Chiranjit Mukhopadhyay, Dept of Management Studies, IISc Dr. Rajaram Kudli, Analytics Education and Innovation Evangelist, Prajnan enterprisesTRANSCRIPT
PANEL:
Analytics Talent Development
Anchored by NASSCOM AIG
Tejas SanghaviFRACTAL
VineetMehtaTARGET
Ravi ShankarINFOSYS BPO
Prof. Chiranjit Mukhopadhyay, IISc
Dr. Rajaram Kudli, PRAJNAN Enterprises
1
Analytics Talent Development
2
Different companies are at different level of sophistication on analytics use
Spor
adic
Dep
artm
enta
lO
rgan
izat
iona
l In
stitu
tiona
lized
Inst
itutio
naliz
atio
n of
Ana
lytic
s
Level of Sophistication
Spreadsheets Slice & DiceBI
Predictive AnalyticsOptimization
Machine learningAI
3
Demand & Supply for Analytics
46% of organizations cite inadequate staffing or skills for big data analytics – TDWI Research
More than three-fourths of 169 executives surveyed say staffing and training issues are the greatest obstacles to making the most of big data. (Ventana Research)
Universities/Institutions In-house training/grooming
Demand
Supply Huge gap
According to McKinsey Global Institute, by 2018, US would face a shortage of
140,000 to 190,000 deep skilled analysts
1.5 mn managers and analysts
4
The Skill Gap
* IDC and Computerworld Survey 2012
• What type of skills are you looking for most over the next 12 months?• How difficult it is to find talent with the following skills
5
Who We Are
Our Focus Areas
Our Vision
• Special Interest Group to engage the leadership of various analytics organizations• Build collective capabilities of the Indian analytics industry• Goal is to encourage sharing best practices to steer India towards Analytics
Leadership
2. Developing strategies for creation of Analytics relevant talent pool
3. Positioning of “India Impact of Analytics”
1. Strategies to create awareness for adoption of Analytics in Enterprise
4. Evolve Analytics related capability maturity model
Partner. Solve. Lead. to Strengthen Indian Analytics
Analytics Interest Group
Analytics Interest Group Steering India towards Analytics Leadership
6
Evolution of Data Scientists
1
Data Scientists
Not just jargons like descriptive, inquisitive, prescriptive, predictive
model.
Insights can come out of simple report as well
Classic T profile with depth in one area breadth in
various other areas
Decision Designers
Asks the right questions, Straddles across business
problems
Ability to look at business problem with a new
perspective
Way Forward
Data scientist is not just math/SAS skill with machine learning. Includes element of Behavioural sciences –
art, music, economics
Adopt & Adapt Best Practices
Change should start within organizations
With internal teamcollaboration
2
3 4
7
Developing uniform academic interventions for fostering innovation in analytics
• Work with educational institutions as umbrella group
• Standardize analytics course content, assessment criteria to transform managing talent in entry level, mid-level
• Leveraging knowledge gained through open courses
NASSCOM’s Focus Areas : 4
8
How Fractal nurtures talent - Analytics Career TrackThe ideal analytics team crosses functions and disciplines
Statistics
Mathematics
Econometrics
Computer science
Anthropology
Consumer behavior
Logic
Sociology
Game theory
Ethnography
Operations research
Electrical engineering Linguistics
Psychology
Artificial intelligence
Graph theory Information design
Cryptography
Market research
Machine learning
9
Advancement along the Career Track
Data Science
Beginner
Data manipulation
SQL databases
Logistic/Linearmodeling
Intermediate
Data modeling
NoSQL databases-hadoop, mapReduce
Generalized linearmodeling
Advanced
Machine learning
Text mining
Boosting methods
Optimization
Analytics Consulting
BI Program Management
Big Data Engineering
AdvancedAnalytics
Engineering
Training + Application in projects + Showcase in Contests / Initiatives
United States | United Kingdom | Singapore | Dubai | India
fractalanalytics.com
For further details contact:
®
Fractal Analytics helps Fortune 500 companies understand and engage consumers to inspire loyalty through predictive analytics.
Fractal serves as a strategic partner to market-leading companies by institutionalizing data-driven decisions across the enterprise.
Tejas Sanghavi
Community Focused
Volunteer Driven
Knowledge Share
Accelerated Learning
Collective Excellence
Distilled Knowledge
Shared, Non Conflicting Goals
Validation / Brainstorm platform
Mentor, Guide, Coach
Satisfied, Empowered Professional
Richer Industry and Academia
About Information Excellence Group
Progress Information Excellence
Towards an Enriched Profession, Business and Society
About Information Excellence GroupReach us at:
blog: http://informationexcellence.wordpress.com/
presentations: http://www.slideshare.net/informationexcellence
linked in:http://www.linkedin.com/groups/Information-Excellence-3893869
Facebook:http://www.facebook.com/pages/Information-excellence-group/171892096247159
Google+: https://plus.google.com/u/0/communities/102316155996060621595
twitter: #infoexcelemail: [email protected]
Have you enriched yourself by contributing to the community Knowledge Share..