{"id":4957,"date":"2017-07-03T14:58:55","date_gmt":"2017-07-03T14:58:55","guid":{"rendered":"https:\/\/sunkrish.com\/?p=4957"},"modified":"2017-07-03T15:01:36","modified_gmt":"2017-07-03T15:01:36","slug":"big-data-analytics-to-become-16-billion-industry-by-2025","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2017\/07\/03\/big-data-analytics-to-become-16-billion-industry-by-2025\/","title":{"rendered":"Big data analytics to become $16 billion industry by 2025"},"content":{"rendered":"<div>\n<figure id=\"attachment_4964\" class=\"thumbnail wp-caption alignleft\" style=\"width: 275px\"><a href=\"https:\/\/sunkrish.com\/index.php\/2017\/07\/03\/big-data-analytics-to-become-16-billion-industry-by-2025\/data-analytics\/\" rel=\"attachment wp-att-4964\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4964\" src=\"https:\/\/sunkrish.com\/wp-content\/uploads\/2017\/07\/Data-Analytics.jpg\" alt=\"\" width=\"275\" height=\"183\" srcset=\"https:\/\/sunkrish.com\/wp-content\/uploads\/2017\/07\/Data-Analytics.jpg 275w, https:\/\/sunkrish.com\/wp-content\/uploads\/2017\/07\/Data-Analytics-150x100.jpg 150w\" sizes=\"auto, (max-width: 275px) 100vw, 275px\" \/><\/a><figcaption class=\"caption wp-caption-text\"><span style=\"color: #808080;\"><strong>The sector is expected to reach USD 16 billion by 2025 and register CAGR of 26 per cent over next five years.<\/strong><\/span><\/figcaption><\/figure>\n<p>Big data analytics sector in India is expected to witness eight-fold growth to reach $16 billion by 2025 from the current $2 billion, industry experts said here.<\/p>\n<p>The sector is expected to reach $16 billion by 2025 and register CAGR of 26 per cent over next five years, they said.<\/p>\n<p>According to these 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.<\/p>\n<p>&#8220;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,&#8221; said WNS Global Services Group CEO Keshav Murugesh said.<\/p>\n<p>&#8220;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&#8217;s economy,&#8221; added Murugesh.<\/p>\n<p>Speaking at the &#8216;Emerging Worlds Conference&#8217; workshop organised by Indian School of Design and Innovation (ISDI) in collaboration with MIT Media Labs, Murugesh said, &#8220;India is a diversified country with a wide array of challenges, and it is pertinent that we as citizens of this country, innovate to find effective solutions that can make a difference to the billion lives that live here.&#8221;<\/p>\n<p>&#8220;If big data can be put to cutting-edge use for our corporations and clients, it can very well be a catalyst for the economy and the country,&#8221; he added.<\/p>\n<p>The workshop brought together industry leaders, technical experts, data scientists, innovators, academic institutions, implementation collaborators and progressive corporate collaborators to source national challenges and potential solutions.<\/p>\n<div>Source: <a href=\"http:\/\/economictimes.indiatimes.com\/articleshow\/59410695.cms\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/economictimes.indiatimes.com\/articleshow\/59410695.cms<\/a><\/div>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Big data analytics sector in India is expected to witness eight-fold growth to reach $16 billion by 2025 from the current $2 billion, industry experts said here. The sector is expected to reach $16 billion by 2025 and register CAGR &hellip; <a href=\"https:\/\/sunkrish.com\/index.php\/2017\/07\/03\/big-data-analytics-to-become-16-billion-industry-by-2025\/\">Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":4964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,493],"tags":[298,305,978,798,351],"class_list":["post-4957","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","tag-ease-of-doing-business","tag-economy","tag-it","tag-nasscom","tag-technology"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/4957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=4957"}],"version-history":[{"count":5,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/4957\/revisions"}],"predecessor-version":[{"id":4966,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/4957\/revisions\/4966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/4964"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=4957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=4957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=4957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}