Why Data Analysts Should Consider Consultancies

Elise Myhren our consultant managing the role
Posting date: 1/16/2020 9:11 AM
Over the past decade, the world of Data & Analytics has seen consistent growth in the number of consultancies around, particularly throughout the Nordics. Naturally, the household names, the so called “Big Four”, dominate the industry, but an influx of more niche and targeted consultancies are starting to change the shape of the market. 

With new technologies and a never-ending stream of Data challenging businesses, it should be no surprise that many are turning to consultancies for help. And with this increase in demand, follows a need for top talent. But, with so many potential options out there, why should Candidates look to move away from client-side? 

THEY’RE INVESTING


The Data & Analytics industry is booming, despite the fact that the demand for talent is significantly higher than the supply. As a result of this, a lot of the biggest consultancies are now trying to gain a foothold in this area of the market, investing money into building out their Data teams.  

However, they’re facing competition from a number of emerging niche consultancies with direct focus on Data, or even more specific expertise, such as Cloud computing. As a result, consultancies are putting a lot of time and resource towards getting the best people and securing the highest level of competencies. Not only does this put candidates in a strong position, but also means that the majority of consultants are working in environments surrounded by a very high level of expertise. 

THEY’RE FEELING ‘THE YOUTHQUAKE’


Consultancies generally have a very strong reputation and often feature highly on graduating students’ lists of preferred employers. In Norway, in the list for most attractive companies amongst students, three consultancies featured in the top ten. The promise of exciting projects, a fast paced environment, fast career progression and adaptability continue to draw the best young talent around. 

Interestingly, however, in neighbouring Sweden the list is drastically different, with no consultancies featuring. In fact, in the Swedish list, we see a greater emphasis on home-grown companies with Spotify, IKEA and Volvo all featuring. Potentially this is because Norway lacks tech giants, and world dominating furniture companies, and instead is home to Equinor, Telenor and Aker Solutions. 

EXPOSURE, EXPOSURE, EXPOSURE


There’s no denying that success at a consultancy relies on a lot of hard work. But, with that, comes a number of benefits and working at one is a great way to get a lot of experience, quickly. Those early on in their careers in a consultancy will frequently face different projects, and will gain a lot of exposure to different situations and problems. Consultants also get hands-on experience in dealing with stakeholders, both internal and external, and, as a result, get to develop skills in explaining their findings to those who are non-Data literate.  

They’re also, often, prestigious and highly sought-after places to work at and, with that, comes a level of status and renown that looks great on a CV. Plus, the fact that they’re home to a lot of top talent makes consultancies great places to form a strong network of fellow Data Analysts. 

THERE’S SPACE TO GROW


From working with a number of consultancies, it’s a abundantly clear that they offer great opportunities for internal growth. It’s not unusual for a Graduate Consultant to build a career and climb the ranks, gaining more and more responsibility as they advance. 

Plus, as I mentioned above, consultancies also provide lots of opportunities for your long-term career, given the hands-on skills Consultants develop in technological competence alongside stakeholder and client. Companies like people with consultant backgrounds on their CVs as it highlights exposure to and number of different projects and experience in stakeholder management. 

If you’re looking to take the next step in your career, and think a consultancy might be the right place for you to go, Harnham can help. Take a look at our latest opportunities or get in touch with one of our expert consultants to find out more. 

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With over 10 years experience working solely in the Data & Analytics sector our consultants are able to offer detailed insights into the industry.

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