“What gets measured, gets managed” – Peter Drucker
“Those who do not remember the past are condemned to repeat it” – George Santayana
These two above mentioned quotes better justify the importance of analytics or reporting or tracking in any business. The best part of the organization is understanding employee’s pain and treating them like one’s own approach towards the problem. For companies, tracking the activities and analyzing aftermaths based on the data is crucial. This blog would highlight the current scenario of analytics in HR industry as well as in other sectors.
What’s in News?
Considering the need of more robust analytical tools for growing industries and its broadening workforce, the Indian recruitment analytics industry is that is $ 2 billion now is expected to touch $ 16 billion by 2025. Surprised? You must be; because it will be 8 times of the current production of analytics market. 400 are startups out of over 600 analytical firms in India, are fastening their belts for India’s emerging needs for analytical solutions. NASSCOM revealed these facts in a recent report.
Future
Today, India is amongst the top ten places for analytics technology market. As per the NASSCOM report, the country is looking forward to be amongst the top three in the world by 2025. The country is witnessing the emergence of specialized roles like data strategist, visualization analyst and data architect, among others.
Possibilities
Besides giving India more robust analytical support, it would generate a fair amount of more analytics jobs. Over 90,000 analytics professionals are serving India to develop analytic support across various sector such as healthcare, marketing, security, retail and HR.
Multiple opportunities are evolving across business verticals like software, infrastructure, analytics and data. The growth arrow going upwards shows that India will soon appear as analytics and big data center of the world.
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