By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    predictive analytics in dropshipping
    Predictive Analytics Helps New Dropshipping Businesses Thrive
    12 Min Read
    data-driven approach in healthcare
    The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
    6 Min Read
    analytics for tax compliance
    Analytics Changes the Calculus of Business Tax Compliance
    8 Min Read
    big data analytics in gaming
    The Role of Big Data Analytics in Gaming
    10 Min Read
    analyst,women,looking,at,kpi,data,on,computer,screen
    Promising Benefits of Predictive Analytics in Asset Management
    11 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: How Companies are Meeting the Big Data Skills Challenge
Share
Notification Show More
Latest News
ai digital marketing tools
Top Five AI-Driven Digital Marketing Tools in 2023
Artificial Intelligence
ai-generated content
Is AI-Generated Content a Net Positive for Businesses?
Artificial Intelligence
predictive analytics in dropshipping
Predictive Analytics Helps New Dropshipping Businesses Thrive
Predictive Analytics
cloud data security in 2023
Top Tools for Your Cloud Data Security Stack in 2023
Cloud Computing
become a data scientist
Boosting Your Chances for Landing a Job as a Data Scientist
Jobs
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Big Data > Workforce Data > How Companies are Meeting the Big Data Skills Challenge
Big DataWorkforce Data

How Companies are Meeting the Big Data Skills Challenge

Philip Piletic
Last updated: 2017/12/15 at 9:54 PM
Philip Piletic
5 Min Read
big data skills
Shutterstock Licensed Photo - By Andrey_Popov
SHARE

Big Data is everywhere. From the birth of the concept in the mid-1990’s to today, there’s been staggering growth in related technologies and adoption rates across every global industry. The trend has been enormous, and yet, the concept of big data managed to fly mostly under the radar as far as the general public was concerned. 

Contents
Training From Within Leaving it to Experts Turning to Specialized Portals Building for the Future 

It’s the general public, though, that’s driving much of the demand for big data solutions. That’s due to the unprecedented amounts of data that people generate using their computers, smartphones, and IoT devices on a daily basis. Current estimates indicate that 180 Zettabytes of data will be created globally each year by 2025. 

To put that number into perspective, consider that it would only require about 42 Zettabytes to store recordings of every word spoken aloud by humans since the dawn of time. 

It’s clear from the statistics that big data will continue to grow exponentially in the years to come, but so far, the workforce that’s needed to fill the associated high-skill jobs hasn’t yet materialized. For businesses adopting big data technologies, the race is on to acquire the talent needed to thrive in the modern economy. Here are some of the ways they’re doing it. 

More Read

utlizing big data for business model

Utilizing Data to Discover Shortcomings Within Your Business Model

Small Businesses Use Big Data to Offset Risk During Economic Uncertainty
The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas
How Big Data Is Transforming the Renewable Energy Sector
How Pictographs Make Technical Data More User Friendly

Training From Within 

Some of the most successful big data teams to date have been grown from within existing organizations. This is thanks to the fact that almost every existing organization has some IT staff with which to work. 

In addition, many big data platforms, like Hadoop, aren’t that difficult to learn for technology staff that are already used to many of the key concepts. The overall demand for these skills has also created a whole new learning industry, which can help businesses to train up employees. Companies like Cloudera have a range of options that bring big data training to any organization that requires it. 

Leaving it to Experts 

As with many other specialties in technology, many companies are turning to consultants and third-party vendors to satisfy their big data needs. This is an especially attractive option for firms whose core competencies don’t lie within technical fields. Rather than spending large sums of money to hire specialists that they lack the knowledge to properly manage, many are leaving the task to consulting firms. This makes sense, given that tech giants like IBM, Dell, and Microsoft are building some of the underlying technologies and therefore already have staff that are leading experts in the field. 

Turning to Specialized Portals 

The rise of big data hasn’t gone unnoticed in the recruiting and staffing industry, and there are already some thriving big-data specific hiring sites. Since the available talent pool is still small when compared to the sheer size of the big data industry, it’s become a tight-knit community. Aside from specialized job boards, there are also online gathering places like Kaggle where analytics and data engineering professionals around the world gather to collaborate and share experiences. These types of sites provide an excellent way to connect with people that have the exact skill set required for any number of big data projects. 

Building for the Future 

Most companies that are pursuing big data solutions know that they face an ever-evolving industry that will require constant staffing and technological adjustment. That’s why it’s quite common to find that a combination of these approaches is in use simultaneously. In this way, businesses in the digital age can embrace the big data trends of today without sacrificing their flexibility for the future. 

For example, some companies are training existing staff in emerging technology while farming out current workloads to third-parties and consultants. What’s certain is that much like in big data itself, there’s no one correct way to do it, and solutions may be custom built depending on the situation. Until the educational sector begins to produce a new wave of data scientists and engineers, it’s the hybrid approach that will continue to win the day. 

TAGGED: big data, big data skills, business, corporate, performance, Productivity, training
Philip Piletic December 15, 2017
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
By Philip Piletic
Follow:
His primary focus is a fusion of technology, small business, and marketing. Author, editor, and tech junkie, in love with startups, traveling and helping others get their ideas off the ground. Unwinds with a glass of scotch and some indie rock on vinyl.

Follow us on Facebook

Latest News

ai digital marketing tools
Top Five AI-Driven Digital Marketing Tools in 2023
Artificial Intelligence
ai-generated content
Is AI-Generated Content a Net Positive for Businesses?
Artificial Intelligence
predictive analytics in dropshipping
Predictive Analytics Helps New Dropshipping Businesses Thrive
Predictive Analytics
cloud data security in 2023
Top Tools for Your Cloud Data Security Stack in 2023
Cloud Computing

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form id=”1616″]

You Might also Like

utlizing big data for business model
Big Data

Utilizing Data to Discover Shortcomings Within Your Business Model

6 Min Read
big data use in small businesses
Big Data

Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

7 Min Read
data-driven approach in healthcare
Analytics

The Importance of Data-Driven Approaches to Improving Healthcare in Rural Areas

6 Min Read
big data transforming renewable energy sector
Big Data

How Big Data Is Transforming the Renewable Energy Sector

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

ai is improving the safety of cars
From Bolts to Bots: How AI Is Fortifying the Automotive Industry
Artificial Intelligence
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?