Big Data Analytics

India joins UN committee of experts on big data for official statistics

India has joined the UN Committee of Experts on Big Data and Data Science for Official Statistics (UN-CEBD), which underscores the country's growing stature in the global statistical community and highlights its commitment to leveraging data and technology for informed decision-making. The UN-CEBD was created to further investigate the benefits and challenges of Big Data, including the potential for monitoring and reporting on sustainable development goals. As part of the committee, India will contribute to shaping global standards and practices in harnessing Big Data and data science for official statistical purposes, the statement by Ministry of Statistics and Programme Implementation (MOSPI) said. India's active engagement in the Committee of Experts will highlight its pioneering initiatives, including the establishment of the Data Innovation Lab and exploration of alternate data sources such as satellite imagery and machine learning for policy making. This membership is a ...

MultiPlan Corp signs agreement with creditors to refinance $4.5 bn debt

Holders of about 78 per cent of various bonds and term loans have agreed to the deal, which targets debt due between 2026 and 2028

MapmyIndia founders set up new AI data analytics, consulting firm ClarityX

Digital navigation firm MapmyIndia founders have set up new entity ClarityX, which will operate in the domain of AI-based data analytics and consulting services, a top company official said. MapmyIndia Co-Founder and CMD Rakesh Verma, who has founded the new firm, revealed that MapmyIndia initially started as a data analytics company and with ClarityX, the founders want to start afresh with their vision around the data analytics and consulting services associated with it. "In the 90s when we started MapmyIndia, it was initially in the business of data analytics but the navigation part picked up well. "We are now setting up an AI-driven data analytics and consulting company ClarityX which is independent of MapmyIndia, and will provide to all enterprises, including MapmyIndia as a partner," Verma said. Further, he said, "MapmyIndia does not hold any stake in ClarityX." ClarityX has started operations in partnership with MapmyIndia. "We see ClarityX as an Indian alternative to globa

India plays an important role in our R&D work: FICO CPTO Bill Waid

Waid discusses the pivotal role India will play in FICO's technological advancements and the company's plans to expand its operations, including enlarging its R&D team in the country

AI lands at Bengaluru airport with Industry.AI's video analytics platform

Bengaluru International Airport will employ the video analytics and AI platform to track queues at checkpoints across the terminal and analyse and resolve congestion

Why some Indian companies still don't trust AI?

China seeks better cross-border control of big data with new plan

The plan, which builds off of China's 14th Five-Year Plan published earlier this year, comes as the country has pushed forward its regulatory framework for data and technology

Latent View Analytics tops charts with 339 times subscription

IPO receives bids worth Rs 1.1 trn, nearly 6x more than Paytm

Tableau, AICTE partner to train 500,000 students in analytics in two years

AICTE has selected over 200 educators as Tableau Champions to teach 1-2 other educators from each higher learning institute through a series of workshops and e-learning curriculum

Can Vinod Dham-founded AlphaICs disrupt the AI-based chip market?

The firm operates in the mid-power segment worth $15-20 billion, and is designing a chip targeted for vision applications like surveillance, industrial automation and IoT

Accenture acquires Ahmedabad-based data analytics firm Byte Prophecy

The acquisition will add nearly 50 data science and data engineering experts, with a particular focus on insight automation, to Accenture Applied Intelligence division

Sebi to tap AI, big data analytics to curb market manipulations: Tyagi

The new plan involves creating a "data lake" project to augment analytical capabilities, he said while speaking at the Speaking at the National Institute of Securities Markets at Patalganga near here.

It's time for auditors to upgrade themselves with AI to stay relevant

A Mckinsey Global Institute report suggests that AI is helping us approach an unparalleled expansion in productivity that will yield five times the increase introduced by the steam engine

Need to adopt AI to collect more scientific agri-data: Chief Statistician

One of the reason for considerable time gap in availability of quality data, Chand said that the welfare country is still depend on manual reporting from revenue officials.

IEX eyes new tech-based opportunities for next level of efficiency

IEX is the biggest player in spot energy trading with a share of 97 per cent, and with participation of over 6,500 players

How does a book become a best-seller? Big data can help us know that

Despite the introduction of 100,000 new titles each year, only a tiny fraction of these attract a large enough readership to make The New York Times best-seller list

Revenues from Big Data and Business Analytics to hit $260 bn in 2022: IDC

More than half of all BDA revenues will go to IT and business services over the course of the forecast

Smart governance: Big data and analytics to Telangana government's rescue

Vehicle tax collection is just one of the many ways in which Telangana is using big data and analytics to improve efficiency in government processes

Tata says data collection crucial to city development

Very often we intend to discard data because we become selective in their adoption, adds Tata

Diving deep into data

Industries and retailers are increasingly using big data analytics to understand consumer behaviour