Business Analytics Due to Skyrocket with 25.8 Percent Annual Growth – Business Administration Information

See on Scoop.itData Nerd’s Corner

In a March report, analyst firm MarketsandMarkets expects the business analytics industry to grow by 25.8 percent, to $16.5 billion in revenue, by 2018.

Carla Gentry CSPO‘s insight:

The trend is also benefiting from a greater number of educational institutions offering courses in Big Data and modern-day business analytics. In fall 2013, Northern Kentucky University will begin offering the first Bachelor of Science in Data Science in the region, citing the sharp growth in data science jobs expected through 2018. NKU is joined by other schools responding to the needs of the industry, including New York University, which recently announced its new Initiative in Data Science and Statistics. The initiative will include a new Center for Data Science and graduate degree programs devoted to the specialties within the field. Meanwhile, major analytics software vendor IBM is partnering with The Ohio State University on a completely new analytics center dedicated to advancing research and data skills; the center will create 500 new analytics consultant jobs.

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