Why do we have to teach Data Analytics in schools? Employers’ point of view

Why do we have to teach data analytics in schools?

Employers’ needs for data analytics are growing rapidly, in particular big data. The UK government stated in the policy paper UK Digital Strategy as follows:

Developments such as the rising use of social media and the increasing adoption of new technologies like the Internet of Things mean more data is being produced than ever before. At the same time, lower costs of collection, storage and processing – coupled with rising computing power – are making this data a rich raw material. This is creating new opportunities for business growth across all industry sectors, changing how we innovate, market, sell and consume services.

Financial Times has already pointed out in 2014 that “Britain is expected to create an average of 56,000 big data jobs a year until 2020”. It also states that “The big data industry has thrived as sectors as diverse as weather forecasting and fraud investigation have realised the business benefits of using consumer data to predict future trends.” Similarly, in their summary report in 2014, a company Statistical Analysis System (SAS) reported that “With demand for big data specialists forecast to increase by 160 per cent between 2013 and 2020, adding 346,000 big data jobs, hiring and keeping skilled big data refiners could become a costly exercise.” (2014, p. 5)

It is also reported that employers are having difficulties to find potential employees who would be soundly equipped by data analytics skills. For example, the SAS reported skills related to managerial, acumen, sector knowledge/understanding, presentation and interpersonal are particularly difficult to fill (ibid. p. 30).

 

In our project, we will explore innovative teaching approaches to develop students’ skills and understanding related to Data analytics!

 

Reference

DfDCM&S. (2017) Policy Paper UK Digital Strategy(https://www.gov.uk/government/publications/uk-digital-strategy, accessed on 30/01/2018) 

SAS. (2014). Big Data Analytics Assessment of Demand for Labour and Skills 2013–2020SAS UK & Ireland. 

Warrell, H. (2014) Demand for big data and skills shortages drives wages boom. Financial Times(https://www.ft.com/content/953ff95a-6045-11e4-88d1-00144feabdc0, accessed on 30/01/2018) 

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