Analytics skills essential for business survival in 'data decade'

Shell used AI to monitor and predict demand for EV charging terminals on its forecourts. Professionals will need to learn data science skills to do their jobs and help their companies thrive in the next decade, say business leaders. Most managers believe data analytics, automation, and AI will be essential for business survival in the coming years yet lack the necessary knowledge that underpins it, according to MHR Analytics research. "We wanted to explore the levels to which organizations across all sectors are developing their data strategies, as businesses get ready to enter a new decade that promises unprecedented digital acceleration," said Laura Timms, MHR Analytics Product Strategy Manager. "Without the crucial component of a good data foundation, it is impossible to implement advanced analytics, automation or AI," she said.