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Data Scientists Remain in Short Supply

According to a new study, service providers are training many of their own employees in data science to alleviate the skills shortage.
E-3 Magazine
15 June 2021
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This text has been automatically translated from German to English.

The use of analytics solutions in German companies is being held back by the lack of available data scientists and data engineers, among other things. That is why service providers are currently investing more in the corresponding qualification of their employees.

This reports the new "ISG Provider Lens Analytics - Solutions and Service Partners Report Germany 2020"of the Information Services Group (ISG). Data scientists are still in demand when it comes to translating analytics questions into algorithms and tools. According to the ISG study, the submarket of data science services is correspondingly dynamic.

Furthermore, numerous new providers are entering the market, and consolidation is still pending. Above all, the leading providers must be able to get the right use cases productive within a company. This requires service providers to be able to provide support in the neutral selection of software providers.

With the increasing number of decentralized data sources, the ISG vendor comparison also records an increasing demand for data engineering services. Customers are in the process of building large data repositories, where they collect data from all parts of their networks and integrate it into existing infrastructures. As a result, the demand for corresponding services is also increasing. Data engineers have thus become a critical scarce resource for the use of data in the enterprise.

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