UKSPA Breakthrough Issue 3 SPA03.ebook_hr | Page 69

SME + Graduate Connecting SME employers with students and recent graduates O ver recent years much has been written about big data and how it’s going to change almost everything. The continuous development in chip technology, the speed of the internet, cloud computing, and our ability to cost- effectively store and analyse vast quantities of data mean that big data is rapidly becoming a reality. Here’s a mind-boggling fact: more data has been created in the past two years than in the entire previous history of the human race, and this growth trend will continue. In its simplest form, w h at i s b i g d at a ? T a l e n t m at c h i n g u s i n g u n i v e r s i t y v e r i f i e d d at a Fraser Anderson Director and shareholder at Gradintelligence Fraser is a Technology Entrepreneur developing software to improve the transition of students from study to employment. He has 20 years’ previous work experience make intelligent decisions. This can be as obvious as a supermarket getting to better know our needs as consumers, or in the education sector in which we operate, it could see employers being connected with emerging talent based on those skills and attributes that deliver the best match for both parties. Gradintelligence operates in the highly specialised world of university student data and is regarded as being home to The business was formed ten years ago with a vision of using the mass of data that universities hold on their students to better guide their development while at university, and match them to employment or further study opportunities with much greater accuracy and efficiency than has ever been possible. That vision has become a reality, and the company has recently launched its Talent Matching Engine, the first product of its kind using university verified data plus other data sources to connect SME employers with students and recent graduates. Going back to the big data concept, Gradintelligence now holds over 750,000 profiles for students and recent graduates. When this data is used for employer matching purposes there are over a quadrillion search permutations (that’s a 1 and 15 zeroes!). While this statistic is meaningless in isolation, the reality is Big data means different things to different people, but in simple terms almost everything we do today creates a data trail, a footprint that is collated and stored. Blended with other data sources such as social media, online photos, and emails, this can then be analysed for personal and commercial purposes. The result is a much better understanding of individuals, their behaviours and preferences, which can then be used by computer algorithms to many of the experts in this field most highly respected by their higher education sector partners. w i n t e r 2 0 17 | U K S PA b r e a k t h r o ug h | 6 9