The next wave of industry growth is likely to come from Analytics, to help India sustain its leadership position globally. The Centre of Excellence (CoE) for Analytics and Big Data under review, will foster a collaborative eco-system of stakeholders like innovators, consumers, academia and government to raise the country’s overall appetite for scientific thinking.
So what would it entail ?
- Physical Lab for developing & validating solutions for In-country and Global requirements.
- Platform for collaboration, development of alliances, and leveraging cross-industry capabilities.
- Multi source interoperable technology platform on a cloud based data infrastructure.
- Data source & repository of experts from Academia, Industry, Researchers & Professionals.
- Hub and spoke model for Big Data & Analytics incubation centres.
The three stages of Build – Enhance – Communicate:
- Build Industry Capabilities through Strategic Direction (Research); Knowledge Dissemination (Events & Hackathons); and, Skill Building.
- Early Stage Support – Incubation & Angel Funding; Industry connects; and Co-working Space.
- Promote – Spread awareness and bring innovation to mainstream.
The role of government is actually pivotal. Marquee projects like Digital India and Make in India are test beds for solutions to come out of the CoE - a very large and potential market of sorts. In addition, working closely with Department of Science & Technology (DST) will ensure that the talent pipeline in science is not compromised. At all times, the “scientific temper” of the nation must sustain.