By 2025, the data analytics market is poised to be worth over $16 billion, showing a strong focus on big data by Indian firms.

According to [experts], India is currently among top 10 big data analytics markets in the world and Nasscom has set a target of making the country one among the top three markets in the next three years.

“The government, industry and academia can collaborate to build an ecosystem to generate sustainable solutions by harnessing the power of big data and digital innovation,” said WNS Global Services Group CEO Keshav Murugesh said.

“The combined power of harnessing big data and digital solutions can drive tremendous results in improving the citizen experience, implementation efficiency and boosting the nation’s economy,” added Murugesh.

As high growth economies like India and China continue to adopt big data, data analytics vendors will put an increasingly heavier focus on tailoring their products to those markets. Executing this effort well will likely show a great return on value for vendors that are able to adapt to this growth.

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Source: Economic Times

Scott Webb

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