Thursday 22 April 2010

Data Analyst - The new Master - Micro national firm model

http://www.bnet.com/2403-13070_23-414193.html?promo=713&tag=nl.e713

Now data analyst turns out to be one of the best jobs now in America in crisis time (BNET votes). A few stats:

45%: Job growth between 2008-2018
55%: Jobs requiring technical computer skills

Median salary ranges:

Senior software engineer: $80,000-$150,000
Database manager: $58,000-$110,000
Quantitative analyst: $82,000-$158,000
Information security engineer: $76,000-$109,000
Senior network engineer: $75,000-$108,000

Tseng and his team have undertaken a herculean data-mining task. Consider these stats: Facebook has 400 million active users, with the average spending 55 minutes a day on the site. What does that mean for Kontagent? “We collect a few billion pieces of user data a month,” says Tseng, who’s 31 and dropped out of the PhD program in electrical engineering at UCLA because he had the entrepreneurial bug. (Again, a guy drops a big Uni - but a little late, when he has already been PhD) “And in the next couple of years, that should be a trillion pieces of data"(!!!)

...

Collecting data is one thing, making it useful quite another. And that’s the key challenge for every business in this digital era. So along with killer math skills, people like Tseng need to grasp economics and the fine points of a specific marketplace. In other words, it’s a far cry from a number-crunching gig

To Varian (Hal Varian), Kontangent represents a huge and important trend in the labor force: The emergence of what he calls “micro-national companies.” Great!

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