How COVID-19 Is Revolutionizing the Indian Analytics Industry?

As India recovers from the deadly second wave of the COVID-19 pandemic, the country is witnessing a first-hand revolution in demand for data analytics as a solution and its various use cases. An industry that has come to fruition over the last 7 years has steadily been gaining the attention of the masses; however, after the pandemic, experts are taking note that the importance and popularity of data analytics as a career choice will increase exponentially.

A recent report published by Analytics India Magazine shared that the Data Analytics Industry earned a total revenue of 35.9 bn USD as of March 2020, signifying a sharp increase of 19.5% over and above the past year. The report went on to highlight the fact that Data Analytics as a solution will encompass 35% of all IT solutions in India by the end of 2025.

This and data from several other peer-reviewed sources point at the steady growth this industry is witnessing in India, making it an ideal choice for those who are looking to foster a career in data analytics both as a novel approach or as career advancement and transition.

But what changed in the industry, and why are experts predicting an increased demand in this domain?

To put it simply, over the past couple of years, companies across all industries have slowly made the transition from guesswork to predictive analytics, which empowers them to foster key decisions by analyzing past market trends.

Although this industry was witnessing steady growth over the past few years, the onset of the pandemic put it into perspective for many, how important it is to expertly analyze the data we collect and take note of key dynamics and trends which will influence consumer behavior for days to come.

For instance, before the pandemic, data harvesters rarely focused on the movement data they collected from consumers, as use cases of these are yet to be pinpointed; however, as the nationwide lockdown started, it became abundantly clear to key stakeholders that expertly analyzing movement data can not only help them track the spread of the pandemic, but also equip them with key insights in terms of precautionary measures to be taken.

However, this use case would not have been possible without the intervention of advanced data analytics engineers from the best firms in India, thus contributing to the rising demand for talented professionals in this field.

Data Science Course

The Way Ahead

After the US, India is set to be the next battleground for developing a state of art data analytics hub, and several key observers of the industry have taken note of this fact. With the rising demand for data analytics as a solution among both public and private entities, there has never been a better time than this to foster a career in data analytics.

Coupled with the rising demand, there are now more resources available for those willing to learn data analytics and foster a future career which is immensely rewarding across multiple verticals.

Imarticus Learning Launches Weekend Batches of Post-Graduate Program in Data Analytics for Working Professionals

There have been a lot of ups and downs in the corporate world throughout recent years.

However, the position of data analyst or data scientist has stayed secure throughout these tumultuous times. This is one of the major reasons why there have been lots of students opting for a data science course in India. It can help you to work with a lot of renowned brands, or even help you to build your startup from scratch by letting you assess the risk-taking capacity of your company.

This is one course that can help you to pursue your dream career, and Imarticus learning is here to save your day with a data analytics course with placement offers as their new PG program for working professionals with weekend batches.

 What is a Data Analytics course?

Data Analysis comprises different technicalities and tools to extract and analyze data in a way that helps you to determine how a company works and how you can make it work better towards its goal in the future. A proper data analytics course would give you the knowledge of descriptive and advanced analysis by means of machine learning in a way that would enable you to process data through natural language processing, neural networks, sentiment analysis, and other advanced tools.

This way you will be able to find anomalies and changes in the market trends, answer questions and make predictions that would help the company to determine the profits and losses from an investment and interpret what kinds of investments they should make in the future.

 Benefits of Data Science courses in your career

 Whatever turmoil the corporate industry faces from different market trends, this is one job that never goes out of trend. This is why it is labeled as the hottest job of this century. In the financial year 2021, the data analytics market grew by $45.4 billion, which is around 26.5% more than last year.

This field is estimated to contribute 41.5% to the IT sector by 2026. Not only yours, this job literally can also make or break a company’s reputation. So here are a few ways how data science courses can benefit your career.

  • It is one of the sectors with an overabundance of positions with predictions of having an even bigger impact in the corporate sector in the future, so you will never have to worry about going out of jobs.
  • The payscale matches your work output, so you will never have to complain about getting the short end of the stick.
  • Being one of the most versatile fields, this course can help you to work in almost any kind of industry from healthcare to e-commerce services. So, literally a dream job.

Conclusion

The future of the data science industry is standing on firm ground and blooming with opportunities. This is why the number of students wanting to learn data science courses in India as well as globally has increased by leaps and bounds.

Whether you are a student or a working professional wanting to polish your skills, as always, Imarticus learning has come forth with this golden chance of weekend batches for PG program in data science course with placement from big companies to kickstart your career.

How Can You Learn About Healthcare Data Analytics?

 

Data analysis positions are becoming more and more hard for the organisations to fill, thanks to the skyrocketing demand for data professionals. With a tons opportunities lying ahead, the time and effort spent to learn data analytics is worth every penny. Wondering how to start learning it? keep reading the article.

What is Data Analytics?
In simple words, data analytics is the process of sorting massive chunks of unstructured data and delivering important insights. The insights play a crucial role in making important decisions in business. Be it a small or large organisation, the service of a data analyst is vital to their operations.

The Data Scientists are an entirely different job than Data Analyst. The former one is involved with more programming, creating algorithms and building predictive models while analytics is much less complex. With proper knowledge and certification in data analytics, you will be able to pursue careers such as Data Analyst, Business Analyst, Product Manager, Digital Marketer and Quantitative Analyst.

Learning Data Analytics
Data analytics demands problem solving and communication skills to be successful. However, you will also need some technical skills to perform the jobs relating data analytics. Some most common skills you will need are the following: 

Excel (Spreadsheets)- Microsoft Excel is a spreadsheet program widely used for complex data analysis. The built-in pivot tables in Excel are one of the most popular analytic tools.
SQL (Database Language) – SQL or Structured Query Language is used to add and retrieve data quickly from a database. It allows operations on millions of rows of data.

R (Programming Language) – R is a programming language built for statistical computation and graphics. It is a popular tool among statisticians, data miner, data scientists, data analysts and business analysts. It is an essential tool for developing statistical software, machine learning and data analysis. Many high profile companies like Google and Facebook have adopted R as their preferred language to analyse data.

Data Visualization – Data visualisation is an important part of communication in data analysis. It helps the key decision makers of organisations to identify the insights and trends easily and understand the complex information. With a touch of creativity, this skill is comparatively easy to have.

Other few important skills you can consider for a better leg in data analytics role are:
• Google Sheets – It is similar to Excel but a Cloud version.
• Tableau – It is a GUI data visualization tool. allows easier data visualization.
• Data Studio – A Data Visualization Tool from Google
• Google Analytics – It is a free web analytics tool from Google.
• Math Skills – Linear algebra and multi variable calculus are an added advantage.
• Primary understanding of Machine learning.

Conclusion
With companies flooding with data, there is a large gap between the demand and availability of people who can use data right. With technologies like the Internet of Things coming up, the demand for such people will only go up.

So, it is the best time to start learning data analytics. Imarticus Learning is providing a data analytics course to help those who aspire a career in this field. Be sure not to miss this opportunity.