Business Standard

Building big data capabilities

Big data can be leveraged to generate alerts around customer behavior

Internet, high-speed internet, wi-fi
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Alok Kumar
With the series of advancement in the technological landscape of our country, such as penetration of Internet, budding acceptance towards IoT (Internet of Things) devices, smartphones and broadband, Nasscom recently estimated that the valuation of data will witness an eight-fold increase, from $2 billion to $16 billion, by 2025.

Managing and analysing massive volumes of data has become essential to a business’ growth and leadership in the market. However, the demand of data management has triggered the need for new skill sets across technical, operational and managerial levels. Companies are seen investing aggressively in building such skill sets and competencies within.

When

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