{"id":5225,"date":"2014-05-31T09:41:48","date_gmt":"2014-05-31T04:11:48","guid":{"rendered":"http:\/\/ivyproschool.com\/blog\/?p=5225"},"modified":"2024-11-15T14:31:30","modified_gmt":"2024-11-15T09:01:30","slug":"the-latest-buzz-in-indian-analytics-through-may-2014","status":"publish","type":"post","link":"https:\/\/ivyproschool.com\/blog\/the-latest-buzz-in-indian-analytics-through-may-2014\/","title":{"rendered":"The latest buzz in Indian Analytics\u2026.May 2014"},"content":{"rendered":"

This month, the IVY Blog featured a series of articles related to analytics in the cloud, with additional topics of interest to our students and Analytics Professionals-in-the-making.<\/p>\n

IVY Featured Start-up of the month \u2013 Ideal Analytics<\/b><\/p>\n

<\/b>\u00a0Ideal Analytics<\/a> made it to our \u201cFeatured Start-up of the month\u201d<\/a>, for its innovative analytics applications in the cloud. Analytics-on-demand and SaaS are its current thrust areas, with BI in the cloud new expansions.\u00a0<\/b><\/p>\n

\u2026.more from the Indian Analytics industry<\/b><\/p>\n

#1. Hike in Analytics Salaries<\/b><\/p>\n

Topping the <\/b>monthly wrap-up is the buzz of Analytics Professional gaining a 250 percent hike in their salaries. Average entry level salaries witnessed an increase of 27 percent since 2013, from Rs. 5.2 lakhs to Rs 6.6 lakhs per annum. Although, going by some of the industry stats this may actually be understated, and one can expect the rising trend to continue.<\/p>\n

#2. Proprietary technologies in Big Data analytics strategise Indian politics<\/b><\/p>\n

With political parties taking stock of their win\/loss post-2014 Lok Sabha elections, the role of analytics in politics and elections<\/a>, has finally been acknowledged. You may recall that Modak Analytics, \u00a0a data analytics start-up in Hyderabad , was given the role of building India’s first Big Data based Electoral Data Repository of its 81.4 crore electorate. What\u2019s more, Modak Analytics has devised proprietary technologies<\/a> of applying big data analytics to Indian politics for actionable insights and booth strategies \u2013 namely Rapid ETL, transliteration of Indian languages and data dictionaries.<\/p>\n

#3. Acquisition of SMAC supportive start-up<\/b><\/p>\n

Continuing the ongoing 2014 trend of SMAC focus<\/a>, the Nasdaq-listed Pegasystems acquires text mining and analytics startup MeshLabs<\/a>. Incubated at IIM Bangalore in 2009, MeshLabs offers the advantage of text analytics software that will be leveraged for monitoring social media streams, and other data sources, for automated real-time, personalised customer experience.<\/p>\n

#4. More investment and more jobs, in analytics and developing<\/b><\/p>\n

Investments in the Indian analytics industry continue. Concentrix Corporation is strengthening its analytics and developer base in India, with plans of investing over\u00a0Rs.146 crores<\/a> in the next 2 years. This will lead to more jobs in the BPO.<\/p>\n

#5. Insights Lab launched with R&D focus<\/b><\/p>\n

Accountancy and consulting firm, KPMG has launched the KPMG Insights Labs<\/a>, to incubate, design and develop new data and analytics (D&A) applications and ideas. The thrust is on client experience of the ‘art of the possible’ and the ‘art of the probable’ in leveraging their data for faster, more insightful decisions. A great environment for researcher-developers in data science!<\/p>\n

#6. Another move to capitalise on the fast expanding data services segment<\/b><\/p>\n

International software and services firm, Comptel India, is reorganizing its operations, \u00a0moving from voice-centric to the data-centric<\/a> services. Again this means more jobs for Analytics Professionals.<\/p>\n

#7. Big time investment in Big Data Analytics<\/b><\/p>\n

More news on the investment front, now in Big Data analytics. Patni Brothers of Patni Computer Systems, plan to raise about $40 million \u00a0to invest solely in companies offering Big Data analytics<\/a> \u2013 in particular fund Big Data vendors with a large customer base in the US.<\/p>\n

#8. Collaborative empowerment for intelligent analytics in SAN cloud environments \u00a0<\/b><\/p>\n

Brocade has collaborated with VMware to provide intelligent analytics capabilities<\/a> for fiber channel storage area networks (SANs) supporting cloud environments, using the VMware vCenter Log Insight 2.0. This seeks to significantly improve upon prior generations of analytics solutions for signal-to-noise ratio when dealing with multi terabytes of datasets.<\/p>\n

#9. Analytics driven application for travel industry<\/b><\/p>\n

Once again we wrap up with an innovative application area. Tangerine Digital<\/a> has launched analytics driven content services in the travel sector. Taking advantage of a 97 % brand-loyalty of Indians on social media, with a 187 % spend on travel and tourism brands alone \u2013 Tangerine has leveraged analytics insights to empower travel companies with the right metrics.<\/p>\n","protected":false},"excerpt":{"rendered":"

IVY blog brings to you all the latest buzz, news and insights of the Indian Analytics industry. From expansion drives into data analytics and services to investments in Big Data analytics and acquisitions of Indian start-ups, the analytics industry is abuzz with expanding opportunities for the Analytics and Data Science professional.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[56,120,393,196,344],"class_list":["post-5225","post","type-post","status-publish","format-standard","hentry","category-data-analytics","tag-big-data-analytics","tag-indian-analytics-industry","tag-rd-focus","tag-salaries","tag-smac"],"yoast_head":"\nLatest Trends in Indian Analytics \u2013 May 2014<\/title>\n<meta name=\"description\" content=\"Discover the latest analytics trends in India, including salary hikes, new investments, and innovative applications in cloud and big data.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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