Business Schools Plan Leap into Data
By
MELISSA KORN and SHARA TIBKENAug 4, 2011
Faced with an increasing stream of data from the Web and other electronic sources, many companies are seeking managers who can make sense of the numbers through the growing practice of data analytics, also known as business intelligence. Finding qualified candidates has proven difficult, but business schools hope to fill the talent gap.
This fall several schools, including Fordham University's Graduate School of Business and Indiana University's Kelley School of Business, are unveiling analytics electives, certificates and degree programs; other courses and programs were launched in the previous school year.
International Business Machines Corp., which has invested more than $14 billion buying analytics industry companies such as Coremetrics and Netezza Corp. since 2005, has teamed up with more than 200 schools, including Fordham, to develop analytics curriculum and training."The more students that graduate knowledgeable in areas we care about, the better it is not just for our company but the companies we work with," said Steve Mills, IBM senior vice president and group executive of software and systems. "It really comes down to what clients and customers need most."
Data analytics was once considered the purview of math, science and information-technology specialists......
AA,
Since on a recent exchange of ideas, there was mention of huge amounts of data analysis as one of the key areas for the country, I would like to point out that R programming language is a very useful tool and there are a whole slew of associated tools developed in specific verticals to do data analysis using R. Its relevance is mostly for statistical analysis but it also has been used in conjunction with data mining tools.
More information can be gleaned from,
http://en.wikipedia.org/wiki/R_%28programming_language%29
BTW R was invented by a professor at University of Auckland in New Zealand.
Regards,
Zia Imran
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