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Information management is a seemingly overlooked area of data management, but arguably one of the most important that I recruit for. It isn’t a trending job title like data science, but is key to data governance and the accuracy all the companies I work with crave when they are hiring their next analytics champion.
What does the market say?
The market has sharply woken up to the benefits of information management due to the endless benefits it presents to organisations, such as:
Accuracy and integrity of data:
It goes without saying that any business will want to ensure the insights derived from data are accurate. This means analysing how raw data is handled by the business from when it is first collected to ensure its integrity.
With more accurate data a business is able to be more targeted and conversely more effective with outbound activities such as direct marketing and strategic risk prevention. Properly handled data is pivotal to financial reporting. If a business can interpret their data correctly, this can decrease the likelihood and risk of being slapped with a fine from the FCA for noncompliance. Which are not only costly for business and individuals, but also reputation damaging.
As a recruiter, I know that professionals in this area are high in demand because this is a relatively new area of ‘data’. There aren’t masses of experienced information management professionals available, and by the nature of supply and demand, skilled professionals are able to charge a contract rate of anywhere between £500 - £1,200 per day and £60-100k in the perm market.
In addition to this, the marketplace is becoming populated with Data Quality Analysts working as Information Management specialists. Not all of these will have the experience or knowledge to effectively review business processes to ensure they are compliant with regulations, potentially exposing a business to the same risks as having no information management department at all!
Some organisations have taken a new approach to this problem by training junior candidates with information management and data governance backgrounds. This approach does beg the question—if an organisation brings in professionals to ensure information is managed correctly, what knowledge can they teach, and expect to be taught?
I’d be interested to hear your thoughts on the topic and what your experience is being part of an information management team or creating one. What challenges have you faced?
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20. August 2019
If you’re lamenting the decline of handmade traditional products, cast your cares aside. There’s a new Sheriff in town and its name is, Tech. Just a generation ago, children would leave the farm or the family business, go to school, and then move on to make their place in the world doing their own thing. Away from family. Today, the landscape has changed and those who have left are coming home. But this time, they’re bringing technology with them to help make things more efficient and more productive. Is Tech-Assisted Still Handmade? In a word, yes. Artists still make things “from scratch”, except now technologies allow them to not only see their vision in real-time, but their customers, too. Have you ever wondered what the image in your head might look like on paper or in metal? What about the design of prosthetic arms and healthcare devices by 3D printers? You’re still designing, creating. But just like any new technology, there’s still a learning curve. Even for cutting-edge craftspeople who find that sometimes, the line between craftsmanship and high-tech creativity may be a bit of a blur. Not to mention the expense for either the equipment required or being able to offer art using traditional tools at technology-assisted prices. Somewhere between the two, there is a trade-off. It’s up to the individual to determine where and what that trade-off is. Life in the Creative Economy One of Banksy’s paintings shredded itself upon purchase at an auction recently. AI is making music and writing books. Augmented Reality, Virtual Reality, and Blockchain all have their place in the creative economy from immersive entertainment to efficient manufacturing processes. Each of these touches the way we live now. In a joint study between McKinsey and the World Economic Forum, 'Creative Disruption: The impact of emerging technologies on the creative economy', the organisations broke down the various technologies used in the creative economy and how they’re driving change. For example: AI is being used to distill user preferences when it comes to curating movies and music. The Associated Press has used AI to free up reporters’ time and the Washington Post has created a tool to help it generate up to 70 articles a month, many stories of which they wouldn’t have otherwise dedicated staff.Machine Learning has begun to create original content. Virtual Reality and Augmented Reality have come together as a new medium to help move people to get up, get active, and go play whether it’s a stroll through a virtual art gallery or watching your children play at the playground. Where else might immersive media play out? Content today could help tell humanitarian stories or offer work-place diversity training. But back to the artisan handicrafts. Artistry with technology Whilst publishing firms may be looking to use AI to redefine the creative economy, they are not alone. Other artists utilising these technologies include: SculptorsDigital artistsPaintersJewellery makersBourbon distillers America’s oldest distiller has gotten on the technology bandwagon and while there is no rushing good Bourbon, but you can manage the process more efficiently. They’ve even taken things a step further and have created an app for aficionados to follow along in the process. Talk about crafted and curated for individual tastes and transparency. It may seem almost self-explanatory to note how other artisans are using technology. But what about distilleries? What are they doing? They’re creating efficiency by: Adding IoT sensors for Data Analytics collection Adding RFID tags to their barrels Creating experimental ageing warehouses (AR, anyone?) to refine their craft. Don’t worry, though. These changes won’t affect the spirit itself. After all, according to Mr. Wheatley, Master Distiller, “There’s no way to cheat mother nature or father time.” Ultimately, the idea is to not only understand the history behind the process, but to make it more efficient and repeatable. A way to preserve the processes of the past while using the advances of the present with an eye to the future. If you’re interested in using Data & Analytics to drive creativity, we may have a role for you. Take a look at our latest opportunities or get in touch with one of our expect consultants to find out more.
15. August 2019
£400 - £450 per day
Manchester, Greater Manchester
A top price comparison site is looking to add a talented Talend Data Engineer to their Manchester team helping them to better understand customer data.
£50000 - £60000 per annum
Are you a commercially minded Insight Analyst with a strong numerical stats background? This is company that places TECH at the heart of their business
£45000 - £50000 per annum + Bonus + Benefits
We are working with one of the largest and best known Credit Card providers in the UK. They are seeking a Fraud Strategy Analyst.
£40000 - £55000 per annum
West London, London
Looking to move away from campaign analytics? Want to use your strategic skills to their fullest? Fancy a client-side role? this is for you!