APAC News Network analyzes the Indian BI analytics market is poised for an explosive growth as Indian enterprises increasingly look at data driven insights to grow their businesses.
Rajneesh De, Consulting Editor, APAC News Network
The big data analytics market in India, just like globally, is marching at a fast pace. Enterprises today value information as a critical business asset. Big Data analytics has therefore emerged as an essential competency for enterprises today. Enterprises in India are today continuously striving to respond in constantly shifting business situations.
This has led to creation of a modern enterprise data ecosystem so that data is up-to-date and the enterprise is ready to make informed decisions.
Adapting to major ongoing trends in analytics will enable enterprises to better react and pre-act. Data and analytics have become the key ingredients for this breakthrough. The direct corollary to this has been the growth of the analytics and BI market in India. These enterprises are currently employing big data and analytics as an advantageous practice to gain a competitive edge over their industry competitors by putting the data to the right use.
In India, CIOs, CDOs, and data and analytics leaders are increasingly focusing on business outcomes, exploring algorithmic business, and most importantly building trust with the business and external partners. In particular, they are experimenting and adopting smart data discovery, augmented analytics, in-memory computing and data virtualization to stay ahead of the curve.
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