{"id":6651,"date":"2016-06-24T20:30:00","date_gmt":"2016-06-24T15:00:00","guid":{"rendered":"http:\/\/ivyproschool.com\/blog\/?p=6651"},"modified":"2025-03-29T15:58:46","modified_gmt":"2025-03-29T10:28:46","slug":"article-review-nasscom-says-data-worth-analysing","status":"publish","type":"post","link":"https:\/\/ivyproschool.com\/blog\/article-review-nasscom-says-data-worth-analysing\/","title":{"rendered":"Article Review-Nasscom says Data worth Analysing"},"content":{"rendered":"<p><a href=\"https:\/\/ivyproschool.com\/blog\/article-review-nasscom-says-data-worth-analysing\/\"><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6588\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/data-scientist-1.jpg\" alt=\"data-scientist\" width=\"800\" height=\"454\" srcset=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/data-scientist-1.jpg 1197w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/data-scientist-1-300x170.jpg 300w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/data-scientist-1-768x436.jpg 768w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/data-scientist-1-1024x582.jpg 1024w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><br \/>\n<\/a><br \/>\nA whole lot of you would have read this report today in the economic times \u201c<a href=\"http:\/\/economictimes.indiatimes.com\/tech\/ites\/analytics-industry-to-grow-to-16-billion-by-2025-from-2-billion-at-present-nasscom\/articleshow\/52886458.cms\">Nasscom says Data worth Analyzing!<\/a>\u201d<\/p>\n<p>Let me give you some data points that were mentioned in the article-<\/p>\n<p>&gt;&gt;National Association of Software and Services Companies \u2013 \u201cThe analytics industry in India is expected to grow to $16 billion by 2025 from $2 billion at present\u201d- <em>this means 8 fold increase in the size of the industry. Imagine the number of times the job market will grow for Analytics!<\/em><\/p>\n<p>&gt;&gt;As per Nasscom vice-president KS Viswanathan\u2013 \u201cIndia is today among the top 10 destinations for analytics and our aspiration is to be among the top three in the world by 2025. India will have 32 percent share in the global market.\u201d <em>Indian IT industry was regarded as the driver for the Services sector in India, Next is Analytics.<\/em><\/p>\n<p>&gt;&gt;600 analytics firms in India, with over 90,000 analytics professionals across different verticals, and about $700 million worth of funding has gone to startups working in the field \u2013 <em>There are more than 3100 start ups and a huge chunk of them are in the Big Data analytics space.<\/em><\/p>\n<p>&gt;&gt;S. Viswanathan, Vice President, Nasscom, said the sector was expected to grow at CAGR (compounded annual growth rate) of 26 percent over next five years.<\/p>\n<p>&gt;&gt;V.R. Mohan Reddy, former chairman, Nasscom, said that <strong>artificial intelligence<\/strong> and <strong>deep learning algorithms<\/strong> have advanced rapidly to enable the development of machines that can now do tasks that require deep expertise and skills.- Skills to look forward to are \u2013 Machine learning, Predictive analytics.<\/p>\n<p>All <strong>Analytics professionals<\/strong> are smiling ear to ear after looking at this article. If you are one of those who are wondering how to jump into Data Analytics then, Start now! You still have some questions unanswered regarding a career in Data Science? Get in touch with us at Ivy pro school and get all your questions answered regarding your career as a Data Scientist.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A whole lot of you would have read this report today in the economic times \u201cNasscom says Data worth Analyzing!\u201d Let me give you some data points that were mentioned in the article- &gt;&gt;National Association of Software and Services Companies \u2013 \u201cThe analytics industry in India is expected to grow to $16 billion by 2025 from $2 billion at present\u201d- this means 8 fold increase in the size of the industry. Imagine the number of times the job market will grow for Analytics! &gt;&gt;As per Nasscom vice-president KS Viswanathan\u2013 \u201cIndia is today among the top 10 destinations for analytics and our aspiration is to be among the top three in the world by 2025. India will have 32 percent share in the global market.\u201d Indian IT industry was regarded as the driver for the Services sector in India, Next is Analytics. &gt;&gt;600 analytics firms in India, with over 90,000 analytics professionals across different verticals, and about $700 million worth of funding has gone to startups working in the field \u2013 There are more than 3100 start ups and a huge chunk of them are in the Big Data analytics space. &gt;&gt;S. Viswanathan, Vice President, Nasscom, said the sector was expected [&hellip;]<\/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":[],"class_list":["post-6651","post","type-post","status-publish","format-standard","hentry","category-data-analytics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Article Review-Nasscom says Data worth Analysing - R vs Python: Which Analytics Tool Should You Choose for Data Science?<\/title>\n<meta name=\"description\" content=\"Nasscom Predicts 8x Growth for India&#039;s Analytics Industry by 2025\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ivyproschool.com\/blog\/article-review-nasscom-says-data-worth-analysing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Article Review-Nasscom says Data worth Analysing - 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