Bridge the Big Data Skills Gap with Online Training


As big data and data analytics have become significant to every business irrespective of the industry, business organizations across the globe are facing a sharp talent gap for these skills. This talent shortage has caused many businesses to turn to online corporate training programs in big data to upskill both existing and new employees quickly.

Today, the amount of data produced by businesses is staggering and enterprises across the globe are struggling to find the right talent to collect, store, monitor and analyze it to derive insights for actionable results. In 2014, a study conducted by Wanted Analytics found that the demand for programmers with a background in statistics, or data analytics grew tremendously by 337%, but out of the 332,000 programmers in the United States, hardly 4% of them had the required skillsets. As a result, many business organizations turned to online corporate training programs to help employees upskill with the necessary skills that companies desperately need.  

Catching up with online training to bridge the skills gap 

Let’s try to understand how to catch up with online training with the help of an example. You might have heard about many organizations that provide online corporate training programs in big data to bridge the skills gap when it comes to filling big data positions.  According to one such organization, until a few years ago, they did all of their training programs in-person. They would bring all the people to their HQ in Chicago, disrupting their lives, disrupting their work, disrupting their days, and do a couple of weeks training program with them and then send all of them back to their respective locations. But five years ago, they moved to an online training platform, and found that they were getting exactly the same results, without disrupting employees’ lives.  From this, we can see that online training programs have made all the difference.  

Helping companies hire from within

It has been observed that many business organizations are using online training programs to upskill internal employees to fill the talent gap in big data.  Rather than hiring a new employee, many companies are looking inside the organization to find the right candidates, with the right skillsets and background, who can be trained in big data and data analytics. 

Online training programs can help in cost cutting 

Online training programs are one of the most effective cost-cutting measures for businesses. By opting for online training programs, companies can cut the cost of upskilling their employees, especially if they opt for affordable online training courses. 
If you are also planning to retrain your existing employees in big data and analytics, it is suggested you go for an online corporate program in big data and analytics.  

Comments

Post a Comment

Popular posts from this blog

How to Choose Your Corporate Training Partner

Image
The pace at which technology is evolving today can be challenging to cope up with at times even for the biggest companies. The same holds true for technology experts who are in a regular struggle to not just stand out in a hyper-competitive market but also stave off obsolescence by constantly upskilling themselves. It is where CorporateTraining in Data Analytics comes in. It’s a practical solution designed for present-day employers and employees. There are two significant advantages that corporate training in analytics unlocks: Increase in productivity Training present employees in new skills are more effective and practical than hiring new employees with those skills. The former understand the company better and thus will lead to increased productivity. Increase in loyalty One of the primary objectives of most HR departments today is to reduce employee attrition. Upskilling through training is an excellent way to do that since it shows employees that thei...
Read more

Data Skills Gap – We Have The Right Solution for Your Organization

If recent reports are to be believed, there will be a need for an additional 346,000 data scientists in Europe by 2020. This clearly shows the skills gap in the UK in the field.   The demand for data scientists and analysts is increasing, but there is not enough talent in the market. The Annual activity report 2015 of the European Commission highlights the problem more precisely. At that time, 77% of data analyst jobs remained unfilled, and it was predicted that the problem would become worse with a 160% increase in demand by 2020. The reason behind this yawning talent gap is clear – demand has surpassed supply and there is a lack of corporate training in data analytics .   There has been an exponential growth of data sources as well as of organizations’ hunger to utilize this data and make the most of the data collected from the disparate sources. A recent study conducted by the International Data Corporation predicts that the 'digital universe' will reach 40 zettabyte...
Read more

Learn How to Improve Employees Experience by Cross-Training

No matter what sort of business you have, your employees may become bored and stale doing the same routine tasks every single day. In order to foster an engaged workforce or set up employees for success, you may consider offering opportunities to cross-train your employees that will broaden their horizons and make them a valuable asset to the organization. Cross-training is not only helpful in improving productivity, but it also allows employees to develop new skills in a specific field that will heighten their professional development and career growth. Here are the reasons to consider cross-training employees: 1. Maintain the same productivity even when employees are absent.   There are certain things that can’t be avoided, such as family emergency or a sudden injury. But when one employee is absent for a couple of days, the other members can easily cover up for that absence if they are well-versed with that employee’s key tasks.   For short-term absences, cross-t...
Read more