Weekly News Digest: 17th - 21st May 2021

Daniel Lewis our consultant managing the role
Posting date: 5/21/2021 4:03 PM
This is Harnham’s weekly news digest, the place to come for a quick breakdown of the week’s top news stories from the world of Data & Analytics.   

KDnuggets: DataOps: 5 things that you need to know

Data Operations (DataOps) is taking a more pivotal role in how businesses use Big Data to drive transformation and make business decisions. In this great article from KDnuggets, they take a step back to look at the core things you need to know about DataOps today. These include:

  • What is DataOps?
  • How is DataOps different from DevOps?
  • Why is DataOps integral to data engineering?
  • What role do DataOps engineers play in enabling advanced enterprise analytics?
  • What are the popular technology platforms commonly used by DataOps teams?

So, whether you’re heading into your first role in DataOps, or you’re looking to bolster your knowledge, this article is the go-to place to get that overview.

See more on this here.

ZDNet: Apple unveils powerful new accessibility features

We love this news from tech giant, Apple!

This week, it unveiled a range of new accessibility features that will be coming to the public over the next few months. But why is this important? 

Accessibility creates a better user experience for those individuals with disabilities or impairments. This then welcomes more consumers into the brand journey who are then able to use more and more products that are on the market.

The announcement brought us information about AssistiveTouch for Apple Watch and eye-tracking support for the iPad as well as about VoiceOver, which is a screen reader for blind and low vision users too.

The opportunities to support consumers from a range of different backgrounds and experiences has never been more significant. We applaud Apple for their commitment to this positive change.

To read more on this topic, click here.

Risk.net: Grasping new technologies is a key challenge for energy risk managers

Energy Risk’s 2021 Software Survey was released this week. Interestingly, the findings from this study highlighted that understanding what new technologies offer is a top challenge for energy risk managers. In fact, 70 per cent of respondents made note of this. That’s pretty significant. Other notable findings from the survey were that:

  • 46 per cent of respondents said having to work tactically rather than strategically was a top IT challenge.
  • Only 7 per cent of respondents said their biggest challenge was getting time with the Chief Information Officer.
  • Just under a third of respondents said their IT spend would be more this year than last, with 43 per cent saying it would be the same and 24 per cent expecting a smaller pot in 2021 compared with 2020.

Let’s face it, new technologies are all around us. Whether that’s through Artificial Intelligence (AI), Machine Learning or harnessing the power of Big Data, utilising technology will be critical to the success of any organisation. It’s therefore important to connect with the most talented professionals in the Data industry to help solve this challenge.

To read the full article and see further analysis of the research, read here

Analytics Insight: AI is the dominant factor causing the growth of manufacturing

Some great news to share this week is that the manufacturing industry in the UK has seen its strongest resurgence in almost 20 years. Yes, two decades!

What’s interesting here, particularly on a global scale, is the role that Artificial Intelligence (AI) is playing within the manufacturing industry. This article from Analytics Insight suggests that Artificial Intelligence in the manufacturing industry is estimated to reach $11.7 billion by 2025, growing at a CAGR of 54.6 per cent from $2.6 billion in 2021. That’s staggering growth.

A few of the factors that are causing such sharp growth in the manufacturing industry as a result of the application of AI are:

  • Reduced risks
  • Reduced complexities
  • Cost-effectiveness

One thing is for sure, we will certainly be keeping an eye on where this goes next. Data professionals are continuing to move into a range of different industries and sector verticals – so watch this space.

To read more about this, click here

We've loved seeing all the news from Data & Analytics in the past week, it’s a market full of exciting and dynamic opportunities. To learn more about our work in this space, get in touch with us at info@harnham.com.    

Related blog & news

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

Visit our Blogs & News portal or check out the related posts below.

Weekly News Digest: 14th - 18th June 2021

This is Harnham’s weekly news digest, the place to come for a quick breakdown of the week’s top news stories from the world of Data & Analytics. Gov.uk: Five signs of a good data quality culture Particularly post-pandemic, we all want to know that our data is fit for purpose. In this article from the Government Data Quality Hub, they look at five ways to ensure that your data's quality is right for your's and your users’ needs. This includes: Everyone is involvedData quality is a commitment, not a taskYou know what works for your organisationYou know why quality mattersYou are proactive not reactive We know that committing to a good data quality culture is a continual process. This core advice allows us to take a step back and think about how you can understand your unique challenges and involve the right people, so you can prevent bad quality data before it damages your work. See more on this here. Analytics Insight: 5 types of artificial intelligence that will shape 2021 and beyond We really like this article from Analytics Insight that explores the future of technology, and specifically the rise in uses of artificial intelligence (AI). AI is often seen to be disruptive as there is an assumption that robots could take over and jobs are wiped out, but it’s more likely that humans and machines will work together to streamline processes across a range of industries. The different types of AI to keep an eye on include: Customised technology providerChoosy algorithmHuman-machine interactionReciprocating machinesTheory of mind We’re always excited to learn more about new technologies, click here to read more on this. KD Nuggets: Five types of thinking for a high performing data scientist In this piece KD Nuggets look at how the way our approach to problem-solving may be guided by your personal skills or the type of problem at hand. As a Data Scientist, appreciating different approaches can help you more effectively model data in the business world and communicate your results to the decision-makers. Whether this is model thinking, systems thinking, agent-based thinking, behavioural thinking, or computational thinking, taking the time to understand your approach will significantly help the way you complete the function of your role. To read the full article, see here.  TechRepublic: These 220+ courses will help you master tech skills and prep for IT certification exams We know that there is a digital skills gap. According to Boston Consulting Group, there will be tens of millions of job vacancies by 2030 that will be hard to fill because not enough workers have the required skills, many of which are in technology. One of the best ways to upgrade your skillset is to complete extra training and qualifications to ensure you’re always learning more about your market and providing yourself with the best opportunities to achieve your next career step. ITU Online has over 200 courses covering cloud deployment, cybersecurity and more. Of course, this isn’t the only way in which you can level up your skills, but it’s a good place to start! To read more about this, click here.  We've loved seeing all the news from Data & Analytics in the past week, it’s a market full of exciting and dynamic opportunities. To learn more about our work in this space, get in touch with us at info@harnham.com.    

How Will Embracing Flexible Working Help The Life Science Sector To Grow?

COVID-19 has drastically changed ways of working in the Life Science industry. Overnight, teams moved online, while new research had to be prioritised. Life Sciences were already moving towards more remote working, and the pandemic has only quickened this shift. There is no doubt these changes have fundamentally changed the Life Science sector and how professionals working in this space operate post-pandemic.  However, uncertainty still remains about the viability of remote working for the sector and there is a divide between those able to work remotely and those who need to go into ‘wet labs’. Is remote working a step too far for Life Sciences? Collaboration  2020 saw an increase in collaboration between professionals working across different areas of Life Sciences. Interestingly, organisations who may usually compete came together to share data and work towards a shared goal. Collaboration is essential in Life Sciences, yet for many, remote working reduces spontaneous teamwork and creativity.  New flexible lab spaces may be the future for Life Sciences though. RUNLABS have recently opened their first fully equipped flexible lab space in Paris for scientists and companies working in Life Sciences. This space hopes to builds on the existing collaborative approach in the industry and encourage further cooperative innovation. Efficiency  Many employees noticed a spike in employee efficiency when working remotely. By eliminating commutes and increasing flexibility, employees were able to be more productive with their time. Remote working also allowed organisations to streamline processes and reduce time spent in meetings.  However, insight from McKinsey highlights that research and development leaders estimate productivity has fallen by between 25 and 75 per cent due to remote working. Those in pharma manufacturing have reported lower levels off efficiency, as well as the potential for lower-quality outputs.  Research The pandemic forced remote trails to become a necessity, and since then, they have increased in popularity. While face-to-face research is still preferrable, remote trials can reduce costs and improve efficiencies. Indeed, on-site monitoring accounts for a significant portion of the costs of bringing a new product to market, yet this is no longer necessary in remote trials.   Not only are remote trials more cost-effective, but they can open research to a wider range of patients and can increase the communication between trial participants. Diversity Flexible working can run a risk to diversity and inclusion though. McKinsey also notes that, ‘when faced with a crisis, leaders often revert to relying on the core team of people they already know and trust. This disproportionately affects women and minorities because they are often not part of that group. Differences in perceptions and experiences of inclusion results in individuals or communities being disenfranchised, which can be devastating to careers and create a two-tiered culture.’ We know that 27 per cent of D&I leaders say their organisation have put all or most of their initiatives that embrace diversity and inclusion on hold because of the pandemic. However, remote work unlocks new hire pools and opens up the workplace to a more diverse workforce. Workers are no longer restricted by their geographical location or personal circumstances. Flexible working is an opportunity for Life Science organisations to harness a wider talent pool and increase their diversity. There is no doubt that Life Science is one of the most cutting-edge sectors globally and the pandemic has only cemented this. COVID-19 has shown the potential for remote working in life sciences, and in-person health care professional access may never return to pre-lockdown levels. But, going forward life sciences need to remember remote working is not practical for everyone nor every role. Organisations will need to consider individual wellbeing and role efficiency as they decide their next step.  If you’re in the world of Data & Analytics and looking to take a step up or find the next member of your team, we 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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