Desperately Seeking Data Scientists

Kim Nash has a really insigtful article concerning American Experss and their efforts to hire data scientists. It’s called Desperately Seeking Data Scientists.

I came across an intriguing job ad recently that shows just how important data scientists will be. The role of a data scientist isn’t new but now it’s hotter than ever. American Express is looking for a whole team of data scientists, including a senior leader for a role that sounds pretty darn critical to the future of the $32.3 billion financial services company.

She poses the million dollar question:

What I wonder is whether CIOs will make data scientists out of existing IT staff members, such as analytics and database experts, or hire new people. Huge demand for data scientists is driving compensation up, according to market researcher Ovum. Dice.com shows salaries of up to $160,000 for the jobs, though who knows if that’s really what companies will pay. But it’s nearly always less expensive to train and develop the people you know and like than to find, vet and hire new ones. Do CIOs have the patience? Do their bosses?

Great read-stop by and read her entire post! I followed up on the job posting for data scientists by American Express and the position was no longer available after a week-Data Scientists jobs anyone?

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