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BizReport : Trends & Ideas archives : September 02, 2016

Sprechen Sie data?

A new report into what skills employers place great value on reveals that data and analytics skills have overtaken talents such as being able to speak more than one language.

by Helen Leggatt

Self-service data analytics platform, Alteryx, has released a new report, 'The Business Grammar Report, the findings of which show that businesses today consider the most important skills in today's workplace are data and analytics.

Just over a quarter (26%) of UK business leaders cited data and analytics skills to be the most important skill or competency for a potential new employee. Overall, 60% consider data and analytics skills one of the top two skills with industry experience coming out on top (69%).

Meanwhile, less than a quarter (22%) feel that multilingualism is one of the top two qualities for potential employees, despite the fact that a report from 2014 suggested two thirds of British businesses identified a demand for multilingual staff.

So important is data and analytics to today's business environment that more than three-quarters (79%) of business leaders say that it should be a compulsory part of MBA programs. Furthermore, business leaders said they are prepared to pay more (around 30% more) to those who are data proficient.

"The change in attitude that's taking place in boardrooms today shows the value of being data-savvy and how important it is that effective analytics are made available to business users. It makes sense to equip every business analyst with self-service tools that allow them to ask questions of their data," said Stuart Wilson, VP EMEA, Alteryx, Inc.

"Most organizations depend on the IT department or business intelligence team for analytics-based decision-making, but things are changing. Business leaders are demanding more agile and flexible insight. Organizations can boost the speed and quality of analytics by adopting a 'DIY approach' and providing self-service analytics tools."

Tags: data analysis, research, workplace trends

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