NEW YORK (MainStreet) Imagine a retailer being able to boost margins by 60%. That's the benefit of fully utilizing Big Data, according to research by the McKinsey Global Institute. And McKinsey says that U.S. healthcare could create more than $300 billion in value every year by creatively implementing Big Data. According to Gartner, the Stamford, Conn. technology research company, Big Data demand will create more than 4.4 million jobs globally by 2015 -- only one-third of which may be filled.
To narrow this gap, IBM is collaborating with more than 1,000 academic partners to develop curriculum that reflects the mix of technical and problem-solving skills that is necessary to prepare students for Big Data and analytics careers, across all industries. Nine new academic collaborations have just been added to the program including Georgetown University, George Washington University, Rensselaer Polytechnic Institute, Northwestern University and the University of Missouri. Internationally, IBM is partnering with Mother Teresa Women's University in India, the National University of Singapore and the Philippines' Commission on Higher Education to offer data-driven degree programs, coursework and specialization tracks.
These collaborations span a variety of majors -- including business, marketing, mathematics and health services -- providing schools with access to IBM Big Data and analytics software, curriculum materials, case study projects, and IBM data scientists who visit classes as guest lecturers.
"Leaders in business, education and government must take action to foster a new generation of talent with the technical expertise and unique ideas to make the most of this tsunami of Big Data," said Richard Rodts, Manager of Global Academic Programs, IBM. "To narrow this skills gap, IBM is committed to partnering with universities around the world to provide students with Big Data and analytics curriculum to make an impact in today's data-driven marketplace."