Human Resource

Big data opportunity remains untapped as skills gap continues

05th Dec `13, 09:44 PM in Human Resource

The race to harness the growing volumes of data for competitive advantage has put increasing strain on skills…

BDMS
Guest Contributor
 

The race to harness the growing volumes of data for competitive advantage has put increasing strain on skills and resources within businesses, according to a new survey by SAP.

The research – of over 300 businesses in the UK and US across retail, FMCG and financial services – showed that, as expected, 92 percent have seen the amount of data grow in their organisations over the last 12 months.

However, when it comes to barriers to using this information to greater effect, 42 percent saw lack of time and resources as their biggest challenge. Furthermore, 75 percent of those surveyed believed that new data science skills are needed within their organisation, and 84 percent said they would like specific training to integrate analytics into their day-to-day work.

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