Analytics Magazine Analytics Magazine, March/April 2014 | Page 8

ANALY ZE T H I S ! Key attributes for analytics professionals The complexity of both the data sources being integrated and the business problems being addressed under the banner of analytics is continuing to grow, and the breadth of capabilities needed to implement effective solutions is often a very real challenge. BY VIJAY MEHROTRA 8 | In a recent column, Nicholas Kristof of the New York Times decries the growing isolation of college and university faculty members [1]. Notably, he quotes Will McCants, a Middle East specialist at the Brookings Institution, as saying “Many academics frown on public pontificating as a frivolous distraction from real research.” Well, I have a long track record of public pontificating, and that I’m a big fan of both real research and frivolous distraction. Indeed, this column has now been in every issue of this magazine for the last four years. In addition, I will be speaking at the upcoming Predictive Analytics World 2014 Conference, which will be held on March 1718 at the Marriott Marquis Hotel here in San Francisco [2] (and I’d love to see you there!). This public pontificating is particularly satisfying when people respond to your ramblings (hint, hint). Last month’s column was about a few odd interactions with some technically oriented colleagues about what “real” analytics actually was. In response, I received a very thoughtful response from Fredrick Odegaard, a former supply chain analyst and consultant who is now on the faculty at the Ivey School of Business. Fred first proposed his own definition of analytics (“combining sources of information to create valuable insight that is not readily apparent from the data alone”) and then added, “for me, ‘descriptive statistics’ is NOT analytics. A N A LY T I C S - M A G A Z I N E . O R G W W W. I N F O R M S . O R G