ANALYTICS AND DATA SCIENCE INDIA INDUSTRY STUDY 2020 — BY AIM & ANALYTIXLABS

Full Story — https://analyticsindiamag.com/analytics-and-data-science-india-industry-study-2020-by-aim-analytixlabs/

The Indian Analytics domain has undergone significant development over the last year, and more so ever since AIM began researching and studying the domain 6 years ago. In the latest edition of the Indian analytics study, AIM Research, in association with AnalytixLabs, provides insights on the overall analytics domain and the state of analytics across sectors and enterprises. The report, now in its sixth year, analyzes the direction in which the analytics market is headed.

The analytics capability is no longer restricted to the MNC and Domestic IT companies and captive units of Banking firms. The broader Data Science domain has transformed beyond just supporting business functions Analytics has now emerged as a necessary capability across organizations, with organizations developing Data Science capabilities that transcend the entire business model and operation value chain of the firms. Analytics is no longer the purview of marketing, IT, and data rich firms. Firms across sectors and types, including Industrial and FMCG companies, are increasingly adopting analytics and investing both capital and operational resources in the Data Science domain in order to gain a competitive edge in the market.

Finally, analytics is enabling numerous predictive and prescriptive capabilities across organizations — these include recommendation and predictive modeling driven by Artificial Intelligence (AI) and Machine Learning (ML).

Full Story — https://analyticsindiamag.com/analytics-and-data-science-india-industry-study-2020-by-aim-analytixlabs/