Threads of Change in Analytics
Exciting times in analytics. The industry is changing. Rapidly. While the industry has been around for decades, I think its true integration into core business processes is still in its early phases. It’s going to change the technologies companies use and the roles business analysts play. It reminds me of the now famous quote from Google’s chief economist, Hal Varian, in McKinsey Quarterly, “I keep saying the sexy job in the next ten years will be statisticians.” Curious that he used the word ‘sexy’. Does this make them statistician supermodels? Either way the point is that it’s exciting to be working in the analytics field today.
In many ways the threads of change are already here. Big data. A growing number of data types and sources. The drive to faster decision making. More business users asking more complex questions. The evolution of platforms to address these new demands. And they have the promise to transform analytics within the enterprise.
I will never be considered a statistician super model. I lack a PhD in mathematics. (The bald spot isn’t helping my cause either.) But then for analytics to be truly transformative, won’t business users and decision makers also need to be comfortable wearing statistical models and computational algorithms? Even if they don’t have the flair to design them?
We’ll be exploring the threads of change over the coming months, and Sybase’s unique approach to weaving them for transformative change. Stay tuned.