Thursday, August 8, 2013

Ideal data scientist


FICO, a leading predictive analytics and decision management software company, today released an infographic showing the characteristics of a good data scientist — what a Harvard Business Review article called the “sexiest job of the 21st century.”

The rise of Big Data has fueled demand for data scientists. Indeed.com reported that job postings for analytic scientists jumped 15,000 percent between the summer of 2011 and 2012. McKinsey & Company predicted the U.S. will see a 50- to 60-percent shortfall in analytic scientists by 2018.

“There’s more demand than ever for data scientists, but at the same time we demand more from job candidates,” said Dr. Andrew Jennings, chief analytics officer at FICO and head of FICO Labs. “FICO has been hiring data scientists — or analysts, as we used to call them — since 1956. We’ve learned that excellent math skills alone just aren’t enough. We want someone who can solve problems for businesses, and explain their insights to people who don’t have a Ph.D. in operations research.”

The FICO infographic identifies eight characteristics of a good data scientist. These include the ability to tease out insights from data, communicate with business users and focus on the practical applications of their work.

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