US Big Data – Talent OverviewJanuary 2013This report is solely for the use of Talent Neuron clients and Talent Neuron Subscribers. No part of it may be circulated, quoted, orreproduced for distribution outside the client organization without prior written approval from Talent Neuron.
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What is Big DataBig Data systems provide actionable insights based on new emerging contents, helpingpeople make critical decision across a multitude of business and social aspectsData in the current world“Every day, we create 2.5 quintillion bytes of data — so much that 90% of the data in the world today has been createdin the last two years alone” - IBM Big Data Portal“Facebook’s Hadoop disk cluster has 100 petabytes of data. A single petabyte is 1,048,576 gigabytes.”- Jay Parikh, Vice President of Infrastructure Engineering at FacebookNeed for Big DataEmerging Digital Data Sources : With evolution of technology the quantity of data gathered has evolved along with thesources of data. Some of prominent sources of huge data sets , most of which are digital in nature are satellitesignals, data from social networking sites, digital media, online transactions, mobile networks etc.Limitation of Conventional Software : With an ever increasing size of data , conventional warehouse tools and softwareare significantly underpowered to store and analyze the data.Fuelled by the emergence of new digital sources, limitation of conventional warehouse tools as well as potential tocreate value for various public and private organizations by helping them analyse the vast available data sources toimprove their functioning has lead to emergence of Big Data system.3
Who is investing in Big DataIn addition to all the existing big players like IBM, SAP, EMC many small and mediumenterprise companies have started investing in Big Data realizing its potentialSource : Various technology portals like Techcrunch, Engadget etc.Ayasdi, a Silicon Valley based start-up, which is backed by Defense Advanced Research ProjectsAgency(DARPA) an agency of the US Defense Department has recently raised 10 million USD inseries A financing, led by Khosla Ventures and Floodgate. Ayasdi aims to improve the methodologyto transform Big Data into actionable insights.Latest Big Data Activities and InvestmentsIBM has recently released new mainframe computers to help clients analyze massive amounts ofdata, meeting the demands of various clients in the age of “Big Data”Fidelity Growth Partners India has invested 20 million USD in AbsolutData Research and Analyticsfor advanced and Big Data analyticsCloudera has raised 65 million USD through Accel Partners to expand it’s Hadoop technologyadoptionAs per a recent research paper published by a leading market research firm BigData will drive 232 billion USD in investments and spending] by 2016Telefónica Digital, a subsidiary of Telefonica broadband and telecommunications provider launched aproduct aimed at companies to analyze what factors influence the number of people visiting alocation at any time using Big Data4
Jobs and SkillsEmergence of Big Data has led to steep spike in the demand for technically skilled talentpool creating a huge gap between the available supply and the required demandWhile hiring folks for Big Data related project, recruiters lookout for people with proficiency in the following skills andtechniques :What Skills Are Required in Big Data ?What are the common job titles in Big Data ?Data ScientistAnalytics ScientistStatistical ConsultantAnalytics ConsultantStatistical AnalystData Mining EngineerData EngineerA/B Testing Machine Learning Predictive ModelsCluster Analysis Natural Language Processing RegressionData Fusion And Data Integration Neural Networks Spatial AnalysisData Mining Pattern Recognition StatisticsEnsemble Learning Predictive Modeling Time Series AnalysisSource : Talent Neuron, Recruitment Websites, Recruiting Agencies, Professional Networking Websites5
Top Locations for Talent in Big DataWashington D.C. Metro area has one of the highest Big Data talent in US, mostly due tothe presence of big public sector offices employing their skill sets on several governmentinitiativesChicago1,400Los Angeles1,750New York3,450Atlanta1,050Top Locations for Big DataBay Area1,650Boston1,850Washington D.C.~4,500Austin1,100Seattle~1,200Dallas1,300Source : Talent Neuron, Public Literature Analysis6