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Extracted Content: Big data analytics is now an essential management skill. According to a forecast by McKinsey & Company, the management consultancy, the US will this year experience a shortage of 1.5 million managers and analysts who can use big data to make effective decisions.

The concept has become a key part of the leading business school’s curriculum, such as London’s Imperial College Business School, which takes a novel approach to data science education.

The school launched a Data Observatory which helps data scientists and consumers of data science visualize and communicate their findings, which propels research. “The Data Observatory is thus a venue for both making and sharing discoveries,” says Mark Kennedy, director of Imperial Business Analytics, which aims to bring data science research closer to business.

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