Big data analytics to provide BI employment opportunities
Data scientists hold a particular and important role within modern organizations, especially as turning data into an insight becomes a more central part of business operations. ITworld recently reported that, while analytics salaries saw only a small rise between 2011 and 2012, big data analytics could change that by bringing new and exciting data mining projects to companies.
Modest growth is currently the norm for BI salaries. ITworld found, however, this could change for the better. The source contrasted Computerworld data – which showed salaries for analytics professionals rose 0.9 percent between 2011 and 2012 – with data from analytics expert Cindi Howson. Howson stated that the BI profession is being held back by the failures of traditional, structured-data analytics programs.
ITworld sees big data analytics as the cure for the industry's stagnation. The increase in big data projects will spike demand for data scientists and drive salaries up, the news provider said. The rising number of companies putting faith in unstructured data could represent a positive next step for BI as a field.
The future of analytics, as well as many other planned IT initiatives, could be in the hands of financial officers. A recent Gartner report found 41 percent of CFOs directly lead IT acquisition committees. An additional 41 percent served as a member of the group choosing a company's IT direction.