54% Of The Total Jobs In Data Analytics Will Be Created In India By 2015

With a lot of Indian companies building their data analytics team, requirement in the domestic market for this skill will increase over the next couple of years. “As long as outsourcing grows there will be an increased demand for data analytics professionals,” says Amit Khanna, lead, Data Analytics, KPMG. 

Industry experts believe that currently big data and analytics is one of the top three skills in demand in India. Organisations are looking at their internal set of data to understand the business better – as a result there will be an explosion of various job opportunities in this area.
According to Khanna, there are three different talent segments to target in big data and analytics; and requirement is set to increase for all three segments. Some of the requirements are for tech personnel, statistician, econometrician, data scientist, analytical consultant, functional consultant, etc. However, there is a short supply of data scientists, according to experts, followed by functional consultant.

Organisations are hiring big data specialists in various domainstelecom, retail, FMCG, Healthcare and IT among others. “In big data you will find financial services doing a lot of work along with e-commerce,” adds Khanna.

According to a study conducted by Infosys, retailers generate large volume of data across their supply chain and at various customer touch point across omni-channel operations. In addition, the digital customer and social media experience is feeding a massive data explosion. The analysis of this data makes for a sizeable opportunity for retailers. 

Industries in Utilities and Manufacturing will be the next set to invest in Big Datacurrently, they are sitting on the borderline as to whether to put money now or wait for some more time. 

Investment into big data will happen in both large and small companies wherever there is a pool of data. Companies are starting to look at big data as something more than a tool – something with the help of which they can build business and innovate. 

With more than 80,000 jobs estimated in big data, young professionals with data analytics skills will have something positive to look forward to. According to a study released by Accenture, approximately 54 per cent of the total jobs in data analytics will be created in India by 2015.
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