Business analytics in India is initiated by two important companies. Mckinsey started Mckinsey Knowledge Center in 1990.Mckinsey analytics assures to provide better performance through data. They work together with clients to build analytics driven organization. They combine latest techniques with deep industry, functional and analytics expertise to help client, capture the most value from data.
GE analytics (Global Electric) started in 1998 in India. In association with GECIS, analytics center of excellence started servicing people with a vision of harnessing the power of computing, data and advanced analytics to enable the optimization of the “physical-digital” performance of industrial assets. In 2005 GECIS spun off by GE to become GENPACT. GENPACT (Global Impact) became world leader in outsourcing .This was span when captive centres and third party offshoring became big shift in outsourcing analytics.
Pioneered by Evalueserve in 2000 by IBM and Mckinsey alumni gave KPO (knowledge process outsourcing) as a differential brand to BPO.
Evalueserve expanded from business research to financial research.
GENPECT and WNS world leader in BPO collaborated with EXL for analytics.
In2006 EXL services acquired Inductis. This Combination created a leader in knowledge services involving strategy, analytics, and technology.
Meanwhile in 2001 Sutherland started Advantity, WNS started Marketics in 2003, Cognizant started MarketRX in 2000 and GENPACT got associated with Symphony. Infosys, TCS, WIPRO also started their analytics division. QVIA used data, technology, advanced analytics and expertise to help customers drive healthcare.
Statistical analytical services (SAS) is a software developed by SAS institutes for data storage and analytics. It is the largest market share holder for advanced analytics. Advanced analytics provided by SAS enables Business Intelligence to review the hidden data pattern. Data management platforms and predictive analytics tools helps any structured business to forecast business future.
Skillville view point:
Many companies are investing in the analytics for business forecasting. Many are developing their own niche in the domain of analytics. Companies like SAS are there from last 40+ years in the domain of analytics. Avalanche of Data is producing avalanche of Jobs and opportunities. Only thing which is lagging in India is future readiness of Indian Graduates.
So be with Skillville to create a set of future ready group of Indians. Who can make remarkable presence of India in this domain of Business Analytics which is fully occupied domain MNC’s.
For more details don’t forget to visit www.skillville.in.