Data is being collected everywhere around us. This data is analyzed and used to impact B2C and B2B markets in traditional and nontraditional sectors in ways we never imagined. Indeed Analytics has proven itself to be an essential tool for any organization, influencing every decision and impacting every stakeholder.
But what exactly does this big Analytics boom mean for India specifically? Well the outlook is extremely bright and here is just why:
We Have The…Continue
Added by Gaurav Vohra on May 21, 2013 at 6:09am — No Comments
McKinsey India estimates that the country needs at least 150,000 new data wizards to come to grips with Big Data. McKinsey Global estimated the US itself had a shortage of between 140,000 and 190,000 people with deep data analysis skills and another 1.5 million managers, which was hampering its Big Data projects.
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Added by Gaurav Vohra on March 23, 2013 at 12:33am — No Comments
The ‘Bell curve’ or the ‘Gaussian bell curve’ is one of the fundamental concepts on which most of the statistical analysis is based. From social sciences to astronomy to financial services- most of the application of statistics in the real world relies on the assumption that the data being analysed is distributed in the shape of the bell…Continue
Added by Gaurav Vohra on January 15, 2013 at 12:29am — No Comments