Data science is one of the fastest-growing interdisciplinary fields of work internationally, with governments and organizations progressively identifying the advantages of analytical data and data scientific research results for their development, growth, and capability to innovate to fulfill the demands of their clients and internal resources.

The soaring passion in analytics has resulted in a global abilities space, with McKinsey Inc. anticipating a current field-wide shortage of in between 40-60%. The United States information science industry alone will need an additional 190,000 people by 2018.

A recent record from PricewaterhouseCoopers (PwC) forecasts that almost 2.7 million information scientific research and analytics works will be created in the next three years by data-driven companies eager to get functional insights from analytics that support them in making strategic business choices swiftly and better. SAS - the leader in analytics software program and solutions - is aiming to attend to the deficiency with a series of campaigns. In an initiative to supply world-class data scientific research and progressed analytics skills, SAS currently involves more than 4,000 around the world colleges with its SAS Global Academic Programs.

The most recent collaboration with the American University of Science & Technology (AUST) in Beirut, a pioneer in the adoption and use of modern technology to make it possible for top quality education in Lebanon. AUST is the initial in Lebanon to introduce a Business Analytics and a Data Science academic programs, both at the undergraduate BS level, along with at the graduate level. Furthermore, AUST through its Center for Learning & & Development and in cooperation with Matrix TRC, additionally established a joint post - graduate specialist diploma in Data Scientific research with SAS. Furthermore, AUST is presently servicing possibilities with the Centre for Business Mathematics and Informatics at North-West University in South Africa, to supply industry-relevant, innovative analytical tertiary education in Lebanon through a post-graduate program 'Analytics in Banking'.

" At AUST, we believe that Business Analytics & Data Science research are not just passing trends, yet resilient and beneficial disciplines which are demanded by local, regional, and Worldwide business. Analytics are the abilities, technologies, and methods that own decision-making, and are vital for acquiring optimum business worth from business investments" claimed Riad Sakr, Vice President at AUST.

" Given that its launching in 2015, our program was planned to breed the best future information researchers in the market. Our 10 training courses program cover all what the market requires from the information logical and technological elements with greater than 4,500 state-of- the-art educational slides created and edited by ideal teachers and men-of- experience. Now with our partnership with SAS, we will certainly be including full industry-specific options, which I am pretty sure will certainly inspire us to make our program a globally referral, otherwise a paragon on its own." added Walid Semaan, CEO of Matrix TRC.

" The demand for data scientists within companies who can collect, organize and evaluate information utilizing sophisticated methods such as Information Mining and Machine Learning to assist choice manufacturers arrive at audio business options is growing rapidly. With the ongoing digital change, the possibilities offered by Information Science are tremendous. Recognizing the requirement and demands of businesses, SAS intends to achieve the objective of shutting the data scientific research and analytics skills void with our campaigns," said Yigit Karabag, Information Management & & Analytics Technique Manager at SAS.

In line with the initiative, the companions are organizing an unique session entitled 'Forming the future of Analytics in Banking' for AUST trainees and banking execs on June 19. The session will be complied with by thorough SAS Technical Workshops, which will certainly include topics such as Data Management, Advanced Analytics, Data Mining and Credit Scoring.

The keynote address will certainly be delivered by Prof. Riaan de Jongh, SAS Idea Leader and Director of the Centre for Business Maths and Informatics at North-West University in South Africa. With greater than 40 years' experience in analytics seeking advice from, including Twenty Years' in the banking field, de Jongh will give important insights on just how business must leapfrog right into the new data world, guaranteeing successful projects and business worth using practical instances to highlight ways of driving customer purchase and sales, enhancing consumer experience, lowering threat and owning efficiency.

" The enhancing application of information scientific research and analytics to business processes throughout the banking market continuouslies have a positive effect on operational effectiveness. Insights provided via data analytics, universities play a vital duty in offering opportunities that will certainly make a considerable contribution to closing the global skills gap,.

the cooperation between AUST and SAS is an important action in the direction of equipping the future generation with relevant skills in our modern technology controlled world," commented Prof. Riaan de Jongh. "" This collaboration shows the fantastic potential that could be attained when industry and colleges interact. The ultimate champions are the trainees and students that join the program," included Dr. Jerry Oglesby, Senior Director of Global Academic Programs at SAS.

Murray de Villiers, Senior Manager, Global Academic Programs at SAS, stated: "In an effort to address the globalized, technology-driven business landscape, colleges have to distinguish with program offerings and the application of innovation, which will certainly guarantee that they bring in the most effective companions, high-level trainees and funding. This indicates that academic community and industry should work together to create courses that adequately prepare pupils for real-world work. This includes varied, industry-directed academic short programs and scholastic mentorship to grads. In a rapid-paced world, colleges can also create scholastic programs quicker through inter-university partnership, leveraging the most effective of each other.".