Jigsaw Academy’s Predictions for the Analytics and Big Data Industry in 2015
Government Will Adopt Big Data on a Massive Scale
Gujarat to rise as an Analytics Centre in India; Demand for open source skills will rise in 2015
Yet again Jigsaw Academy has been at the very epicentre of the Analytics and Big Data industry in 2014. Much of what we predicted for the industry came true this past year. E commerce in India has exploded and analytics has very much been their focus, as they strived to have an edge over competition and improve customer experience. We also saw social media analytics being leveraged to a great extent. And as the demand for data analysts continued to grow, and businesses were happy to pay well to hire and retain good analytics talent, more business schools in India and across the globe began to offer specialized courses in Analytics and Big Data.
As we usher in another year, we are once again excited and highly optimistic about the opportunities that 2015 will bring for those in the data industry. Here are our predictions:
1. More will be spent on Big Data as it becomes less ambiguous, by both businesses and the government.
Big Data Analytics will definitely be better understood in 2015 (even as the sources and format of data become even more complex), and we will witness many instances of predictive analytics using Big Data systems. The government’s sensitivity towards Big Data and its potential will also increase and much more data from the government will be available publically. The government will initiate several initiatives, leveraging Big Data – from trying to improve national security to solving infrastructure problems. Already, the Prime Minister’s Office is using Big Data Analytics to process citizen’s ideas and sentiments through the crowd sourcing platform mygov.in and implementing an attendance system for India’s Central Government employees throughattendance.gov.in. Similarly, the state Government of Telangana is employing Big Data Analytics for the data collected from nearly 3.5 crore people across strata.
2.Gujarat will emerge as a hub for analytics
Companies based out of cities like Ahmedabad, Surat and Baroda in the state of Gujrat will aggressively expand their analytics business in 2015 and there will be an increased demand in that region for trained data scientists. Consequently Gujarat will emerge as another important center for Analytics after Mumbai, Bangalore and Delhi.
3. Personalized analytics will create a lot of buzz and will be taken to a much more extensive level.
This includes data from wearable devices, which will gain popularity and have an impact on healthcare, as well as professional sports. Wearables will have smarter algorithms for data correlation, and start to enter the workplace More importantly it will impact our daily lives and we will see this data make positive changes to our lifestyle. Wearables like ‘Smart Glasses’ will see larger enterprise adoption, particularly in those sectors and for those jobs where hands-free gadgets has the potential to improve efficiency as in the case of doctors, manufacturing-floor technicians and construction workers.
We will also see ‘smart fashion’ gain popularity as more firms create designs that push wearable technology to a new level of high fashion.
4. Analytics recruiters will place much emphasis on programming skills and expertise in open source tools and technologies.
As open source analytic tools become more popular, companies will look to hire those with programming skills, as well as competence in open source technologies like R, Python and Hadoop.