In the big data era, smart universities expand their offerings to meet the future.

In this era of Big Data, companies recognize the use of predictive analytics as the next defining tech wave that will fundamentally change the way businesses predict outcomes and provide services to customers. The demand is so great that even if every college were to graduate nothing but data scientists over the next few years, there would still be a shortage of professionals with analytic skills.

Consider these stats: 90% of all the data in the world has been created over the last two years and 2.5 quintillion bytes of data is created every day by all of us, and even machines are constantly producing and releasing data – social media posts, digital pictures and videos, servers, sensors, web feeds, our phone GPS, even converting old analog files from past eras into digital data.

The list is endless as is the demand for data scientists. According to a recent report from McKinsey Global Institute (MGI), by 2018 the U.S. will experience a shortage of some 190,000 skilled data scientists and 1.5 million managers and analysts capable of understanding and implementing actionable decision-making based on Big Data insights.

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