Indian Analytics - Application, Innovation and Maturity

Document created by NASSCOM Community Admin on Jun 8, 2016Last modified by NASSCOM Community Admin on Jun 8, 2016
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With the explosion in data, rises the importance of analytics. Experts believe that 90% of the world’s data was created in the last two years. Businesses are clear that they need the right set of products, tools and techniques to manage the data. But more so, they need the right type of talent to provide relevant insights. The shortage of the right talent also stems from the fact that analytics solutions are now accepted by several industries, growing from being accepted only in industries like BFSI, retail, etc.

The talent shortage is acute and reports estimate that United States alone faces a shortage of 1,40,000 to 1,90,000 specialists with analytical expertise. India is strongly positioned to take advantage of these needs and help global and Indian firms with reliable and actionable insight-based analytical solutions. The formidable position of Indian analytics solution providers on the global space is attributed to a large talent pool and rich experience gathered over the years.

NASSCOM and Hansa Cequity have put in a dedicated effort to map the analytics maturity of Indian firms and how these offerings and capabilities can be used to leverage the data revolution as it unveils itself.

 

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With the explosion in data, rises the importance of analytics. Experts believe that 90% of the world’s data was created in the last two years. Businesses are clear that they need the right set of products, tools and techniques to manage the data. But more so, they need the right type of talent to provide relevant insights. The shortage of the right talent also stems from the fact that analytics solutions are now accepted by several industries, growing from being accepted only in industries like BFSI, retail, etc.

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