Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: Quants vs. “Accidental Analysts”
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Quants vs. “Accidental Analysts”
AnalyticsJobs

Quants vs. “Accidental Analysts”

TedCuzzillo
TedCuzzillo
3 Min Read
Image
SHARE

He is the former TDWI education director and now a consultant and based in Seattle. He’s taken an interest in the last few years in data analysts. The quants are by far the smaller group, but they’re loud. At the meetups of his group Business Analysts Collaborative, they amount to less than 10 percent of the 150 who’ve attended either event. These are the ones with training, the ones who squeeze all the meaning anyone could possibly find out of data. Their findings are solid. But they seem to be defending territory. “They’re adamant,” says Dave, about the need for training as an analytic professional. They insist that anyone analyzing data needs to understand the algorithms, the steps to prepare data, and so on. If you don’t know what you’re doing, they seem to say, stand away from the data. That the Business Analyst Collaborative attracts so few quants is fine with him. “The quants are already somewhat of a community, with the velvet rope and bouncer and all that crap,” he says. “I want the neighborhood bar.” That “neighborhood bar” amounts to about 90% of all meetup attendees, he says. They analyze data just because they have to. Among this group, what Stephen and Eileen McDaniel call the “accidental analysts,” skills vary widely. Mostly, their analysis is good enough. “I understand that there’s complexity,” he says. “But I’m on the side of pushing it to the business users.” “There’s just a handful of stuff we do,” he says. It’s possible to build wizards to let the business user say what needs to be done and then let the tool run the algorithm behind the scenes. “They never need to know whether it’s nearest neighbor, naive bayes, time series, or whatever.” The quants’ resistance reminds him of back when personal computers came in. “They made all kinds of arguments about how the world was going to come to an end if you put this in untrained hands. Again and again, history proven that’s bullshit.” In fact, IT’s importance actually grew. “The same thing will happen with desktop analytics.” Some problems do require the heavy lifting and justify weeks of work. Others need the best answers by Friday. He’s looking for venues around Seattle that let the meetup group break up into small groups. Tableau Software provided the first meeting room, but that was too classroom-like. He’s hoping there’s a better one either at Tableau or somewhere else.

TAGGED:accidental analystsquants
Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

How Data Analytics Is Reshaping Patient Financing Decisions
How Data Analytics Is Reshaping Patient Financing Decisions
Analytics Big Data Exclusive
AI driven big data company
How AI-Driven Workflows Are Changing the Way Companies Think About Data Risk
Artificial Intelligence Data Management Exclusive Risk Management
ai product development
Why Businesses Outsource AI Product Development Companies
Exclusive News
banking tools
The Fintech and Banking Tools Global Entrepreneurs Rely On
Fintech Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

algorithm
Webcasts

Societal Remedies for Algorithms Behaving Badly

5 Min Read

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

data-driven web design
5 Great Tips for Using Data Analytics for Website UX
Big Data
ai in ecommerce
Artificial Intelligence for eCommerce: A Closer Look
Artificial Intelligence

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?