Big Data & Analytics Sector Turning Into Big Business for Recruiters
March 7, 2017 – IQ Workforce, a talent provider focused on the analytics space, has added Sharad Dabral as a managing director to further expand its search capabilities for analytics professionals. She will be based in New York and serve clients nationally.
Ms. Dabral comes with a wealth of experience in the analytics area, having focused on placing executive level analytics professionals for the last decade with executive search firm Smith Hanley Associates. She has a unique perspective on analytics, having built analytics teams at Mastercard, Rapp Collins, AT&T and New York Life. She joins the IQ Workforce team to further expand its business into executive level roles, from director to C-suite positions.
“Having Sharad join IQ Workforce is a real coup for us. She is one of the leading recruiters in this space,” said Corry Prohens, IQ Workforce chief executive officer. “She really understands how this fast evolving market is moving and what our clients need. Not only that, because she has been in roles leading analytics teams, she is a partner to executives looking to position themselves for the future. We are thrilled she has decided to make her home here.”
“I am very excited about joining IQ Workforce which not only has its origin in digital but is equipped and strongly desirous of staying ahead of the industry dynamics in the techno-analytical space, all of which appeals to me tremendously,” said Ms. Dabral. “Our joint capabilities will equip us to create a great horizontal capability powerhouse to proactively search for fresh and best-in-class talent for our clients.”
Analytics Space Growing
Now is a great time for recruiting firms to expand their services into the analytics space. Organizations of all kinds, from sports teams to Wall Street stock traders, are all turning to the world of analytics. The big data and business analytics market will grow to $130 billion by 2020, according to IDC’s Worldwide Semiannual Big Data and Analytics Spending Guide ….. Here’s some further reading from Hunt Scanlon Media.
An Inside Look at Recruiting In the Global Payments and Big Data Sector
Many executive recruiters work in well-defined and traditional business sectors which have attracted thousands of qualified consultants over the years. But with the advent of technology and its continual expansion, new sectors are starting to emerge that could yield big business for recruiters.
“The availability of data, a new generation of technology, and a cultural shift toward data-driven decision making continue to drive demand for big data and analytics technology and services,” said Dan Vesset, group vice president, analytics and information management at IDC.
The industries driving much of the present and expected growth include banking, discrete manufacturing, process manufacturing, federal and central governments, and professional services. Together, these five industries accounted for nearly 50 percent of worldwide big data and business analytics investments in 2016 and will remain the top five industries through 2020. In addition to being the industry with the largest investment in big data and business analytics solutions (nearly $17.0 billion in 2016), banking will see the fastest spending growth.
“This year and over the life of the forecast, we’re expecting to see healthy growth in spending on big data and analytics technologies from nearly all industries, including banking and telecommunications,” said Jessica Goepfert, program director, customer insights and analysis at IDC. “In our end-user research, respondents from organizations in these industries are placing a high priority on analytic initiatives over other technology investments.”
According to a recent survey by Gartner, 48 percent of companies invested in big data last year and nearly three quarters of respondents said that their organization has invested or is planning to invest in big data in the coming year.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media
