The shear amount of Data that companies have, and that which they continue to accumulate, can help them predict the future. These predictions take a lot of guess work out of better understanding the relationship between customers and their products/services, and allows for more effective innovations driving forward.
Statistics is the science of collecting, exploring and presenting large amounts of data to discover underlying patterns and trends. Statistics are applied every day to become more scientific about decisions that need to be made. From the tube of toothpaste in your bathroom to the planes flying overhead, you see hundreds of products and processes every day that have been improved through the use of statistics.
“Statistics is so unique because it can go from health outcomes research to marketing analysis to the longevity of a light bulb. It’s a fun field because you really can do so many different things with it.”
Besa Smith
President and Senior Scientist
Analydata
The first place you should turn is your local region. However, qualified resources may not be readily available, and when they are, overall costs can effect profit margins causing companies to expand their recruiting scope to a more global perspective.
If your company has made the decision to expand its recruiting scope to a more global perspective, there are two things that should drive your consideration when choosing a country to leverage. Math and Science.
Math and Science are at the top of educational studies that produce problem solvers and critical thinkers, and there is no better place to find a culture that celebrates this area of education, than Ukraine.
Education in Ukraine is driving the countries outsourcing industry to grow 35% each year. This is not a coincidence that this is happening during a time where Big Data is more important than ever.
Our Company’s biggest surge in staffing engineers in 2015 was with statistical programmers. In fact, the need for statistical programmers was in such high demand that we were able to create and launch our own university program training Engineers who were interested specifically in Biostatistics. Students are able to study, learn, graduate and immediately gain internships and full time employment after the program. It’s been incredible to watch unfold.
Resources: SAS, Forbes, Wall Street Journal, Brainbench, Financial Times, National Journal