We all know becoming a real expert takes years of hard work and dedication. People say the ability to teach a subject leads to real mastery, yet although we value highly skilled teachers, businesses do not have time, resources or patience to pour into any one individual’s growth. We still demand the highest level of expertise in consultations, but faster and cheaper.
Data experts, “data scientists,” used to be hard to find because of the time it took to truly master the art of data analysis. Years of schooling and training in statistics are necessary to make full sense of complex and growing data. When a business asks for advice based on data, scientists must put learned information into context by taking into account industry, geography, and the specific market dynamics. With so many moving parts to consider, relying on only a few “experts” can be painstakingly time-consuming, and costly. [Read more...]