Reliance on Data Scientists Undercuts Value of Big Data

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by Angela Guess

Michael Vizard of IT Business Edge recently wrote, “One of the biggest problems with Big Data is the whole notion that organizations need to hire data scientists in order to be able to work with it. In case you have not noticed, there are not that many data scientists actually walking around these days. That’s what makes version 7.1 of Alteryx Strategic Analytics worth noting. According to Alteryx President George Mathew, if only a handful of people can really take advantage of Big Data, it more or less defeats the purpose of making the investment in the first place.”

He continues, “Outside of Wall Street and Fortune 500 organizations, most companies can’t afford to have a data scientist. They are lucky to have anybody who could be called a data analyst. It’s really going to be up to the providers of analytics applications to find ways of making all that data more accessible. Once that happens, notes Mathew, it will make sense for the average organization to start investing in collecting all that Big Data.”

Read more here.

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