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Sunday, 11 January 2015

What’s in Store for Data Scientists in 2015?

Since data science and big data are dynamic, fast-paced domains that are constantly evolving, the year 2015 has some goodies up its back as well as some dampeners.

There are quite a handful of things expected this year, with one of them being Hadoop getting translated into more production uses as companies look to utilize dark data sitting inside Hadoop systems that have already been used to derive values. There will be some unique apps that will be specialists in specific uses. Markets are going to be savvy about data transformation, horizontal analytical platforms enabling, features creation, operationalization, and model development. And as a result, the rush for hiring data scientists is going to continue.

Big data technologies will be broadening their horizons, and data science innovations will be dazzling board rooms and campuses alike. As businesses, educational institutes, as well as philanthropists acknowledge the importance of big data and data science in producing valuable insights in every domain, data literacy will be given ample focus to produce qualified professionals who can process insane amounts on data for the betterment of profit-based organizations as well philanthropic avenues like disaster relief. Clearly, data science courses are going to be much sought after.

Enterprises across domains like healthcare, energy, heavy industry, and education will realize the need of sharing data sources and are likely to lower their shields to bring together data assets and facilitate meaningful insights that will benefit the industry as a whole. Open data will be the new powerhouse.

As far as big data is concerned, it is common perception that any data is good as long it is huge. But there will be a conscious shift across industries where the game will now be data that’s connected to value. However, ethical data harnessing may be shamed by some who are not prepared to use the proper safeguards associated with utilizing data science and may end up losing in front of competitors who have thoughtful technical mechanisms in place.

Data scientists in 2015 are likely to see their skills more valuable than ever. For instance, this year may see companies transferring the key to the lockers for IT related purchases from chief information officers to chief data scientists. Moreover, there are expected to be in-house data scientists for individual departments rather than data scientists cloistering together in a separate department.


If you want to enroll yourself for big data analytics training then you can visit AnalytixLabs, a premier training institute for analytics, big data, hadoop training and more.

Monday, 22 December 2014

Data analytics: The Sexiest Job of 21st Century

Reports from CNBC and Harvard Business Review say that the sexiest job of the 21st century is that of a data analyst/ data scientist. And that’s why, it comes as no surprise that the IITian affair with finance jobs seems to be losing its sheen as more and more IIT graduates are opting for a career in data analytics, also referred as business analytics.



In broad terms, data analytics refers to the process that inspects, cleans, transforms, and models data in order to churn out meaningful conclusions that support decision-making. Analytics professionals have huge prospects as industries are rapidly discovering the benefits that Big Data can throw up. Studies have shown that the expenditure by companies on Big Data would be around $34 billion in 2020. As of the present, the biggest investors using this technology to gain competitive advantage are IT, BFSI, retail, FMCG, and consulting firms. In India, BOFA Corp., American Express, Amazon, Genpact, Accenture and HSBC are some of the highest paying companies in the data analysis domain.

Why is Big Data and analytics such a hot topic?


  1. Big Data has the potential to reveal crucial information about customer behavior and thinking patterns, which can be used for strategy building and promotional marketing. For example, the likes of “recommendation engines” that companies like Amazon use to recommend particular products to a user based on his or her history also throw up unusual relations between customer practices – according to Harvard magazine, credit card companies have found that people who purchase anti-snuff pads for their furniture are very likely to make their payments.
  2. The scope of Big Data revelations isn’t limited to business. Social research is also making important discoveries about human patterns. For instance, predicting the situations where crime is most likely to be committed will give leverage to police patrolling and crime control.

As more and more scientists are jumping into the Big Data bandwagon, analytics is only going to be more sophisticated in the future. Experts can safely expect to see multiple opportunities for their skills.

Who can become a data analyst?

Most employers seek candidates with at least a bachelor’s degree in information technology, statistics, computer science, business management or management information systems. The requisite skill set includes analytical and mathematical skills, with some exposure to databases, data warehousing, and data manipulation.

As of the present, there is a huge demand for trained professionals but a severe shortage of candidates with the requisite skills. The salaries for data analysts are easily more than 50% better than any other profile. Many recruiters complain that because of this burgeoning demand, individuals have clinched a hefty increase in their pay packages just by the virtue of surface knowledge about the subject.

Therefore, if you are looking at adding a valuable skill to your abilities, or if you are on the brink of deciding a rewarding career path, the world of data analytics has much in store for you.

AnalytixLabs is a premier institute in Gurgaon
, India that provides some of the best courses in data analytics. Its world-class training expertise is possible because of talented and experienced faculty members who know the inside out of data technologies that will shape upcoming trends in the Indian job market. Programs are available for students as well as corporate professionals. To know more visit https://www.analytixlabs.co.in/.

Tuesday, 21 October 2014

Best Institutes For Analytics Courses In India

Due to the increase in the competition in the market, most of the Companies are collecting data in a faster and easier manner and in great volumes then ever before, by giving managers and executives measurable insights that can turn into a better and smarter decision making. As a result, the need for SAS trainig insitiutes, big data online training institutes has never been higher. 


Executives across companies in India have been complaining about the “lack of analytics talent” in the country and have admitted that finding trained analytics workforce is literally a nightmare. Looking at this huge supply side gap, various training companies have stepped up to train professionals in analytics so as to bridge the gap and make available trained and employable analytics professionals.

To help you choose, we’ve listed the top 10 companies, as rated by Analytics India Magazine (AIM). [Information courtesy: www.analyticsindiamag.com]:

  1. Jigsaw Academy
  2. International School of Engineering, Hyderabad
  3. AnalytixLabs
  4. Edvancer Eduventures
  5. Academy for Decision Science & Analytics
  6. Analytics Training Institute
  7. Ureach Solutions
  8. NI Analytics
  9. Business Analytics
  10. Big Data Training

All the above companies have been rated based on their course ware, faculty, infrastructure and placements.

If you wish to seek further information on the analytics courses provided by us, in India, check out our insights for the professionals analytics courses and Hadoop courses.

Tuesday, 23 September 2014

Business Analytics Course – A Promising Profession in Today's Scenario

Do you wish to have a promising career, a job that only advances, a profession where you are challenged, receive better opportunities and a chance of growth? If your answer is a yes, then Business analytics is the way to go. Since more and more organizations require better skills, technologies and practices to delve into past performances and deriving current strategies to drive the company, you can benefit greatly from a course in business analytics course.


A promising profession in today’s scenario, business analytics provides you the opportunity to grow and develop. The field, which is closely related to marketing, finance, credit and risk, supplying, telecommunications and transportation can help you in understanding different strategies for organizational growth, ensuring that the overall productivity of your organization increases. And with business analytics courses available online, you wouldn’t even have to worry about taking out extra time from your schedule or over training yourself.

 


Take an online course in Business Analytics to grow your career opportunities



A good business analytics course online will provide you a more promising career. It will cover basics such as relevance of the course, future of analytics and fundamental statistics. The course will also help you understand the importance of factor analysis, market segmentation and cluster analysis so that you are more responsive to the client’s need, resulting in better product management and production strategies. Credit risk modeling and time series forecasting are also a major part of the program, ensuring that you develop absolute theoretical and practical knowledge of strategizing and implementation of strategies for organizational development.


We at Analytix Labs offer Business Analytics training and a variety of other programs, such as SAS+ Business analytics, SAS Edge, Advanced SPSS and Big Data for individuals, corporates, colleges and universities. Visit our website for details.

The Hadoop Training Advantage

Apache Software Foundation offers Hadoop, an open-source software framework that enables hundreds and thousands of organization to store and process large scale data sets on clusters of commodity hardware. Hadoop, which is prominently used by Yahoo!, Facebook and over half of the Fortune 50 companies can bring you employment and a salary advantage that you have always been waiting. In fact, if you take Hadoop Training in Delhi or anywhere else, you can enjoy a wide range of benefits-


Earn more with Hadoop Training! 


Scalable
Hadoop program is highly scalable storage platform. Therefore, training in the same can give you an edge over business analytics as well. Unlike traditional relational database systems, it can be used for processing large amounts of data. Therefore, you can work in areas like Business Analytics, Big Data Analytics among others.


Cost Effective
Datasets are exploding, but Hadoop offers a cost effective solution for the same. This will help your company to reduce costs. If you undertake Hadoop Training in Delhi, you will be able to understand which data is more valuable than the others. This will increase your organization’s productivity and business priorities and you will receive a better salary!


Flexible
With Hadoop training, you can easily access new data sources and tap different types of data to generate a value. When you are trained in Hadoop, you will be valuable for the organization- it will need you to process complex information, and derive valuable insights to drive business opportunities.


So, seize the opportunity. We at Analytix Labs offer certification and Hadoop training courses . Visit our website for details.

Monday, 25 August 2014

SAS (Statistical Analysis System) - A Career Builder Course in the Current Era

SAS Professional Course Certification can improve your career as SAS programmers and offer a few added benefits as well. SAS Certified Professional Course currently includes 5 levels of internationally recognized certifications for the SAS software user. So, let’s have a look at the SAS course details:
There are advanced and base programmers certifications in addition to one for the developers and another which indicate expertise in the SAS Warehouse technology. In all cases, to earn SAS Certification, you must demonstrate a thorough understanding of SAS by completion of the concerned exams successfully.
SAS course details
SAS course details

Whether you’re a seasoned or a novice Statistical Analysis System programmer, preparation is the key element in getting this credential. Lots of options are available to suit individual requirements to help you to prepare for qualifying exams, irrespective of whether you deem yourself as “self-learner” or you rely on any formal training classes.

The benefits as well as reasons for pursuing SAS Professional Course Certification vary by individuals. The certification can offer benefits to both employers and employees. By gaining SAS Certification, people may enhance their marketability and career opportunities to potential employers, improve their credibility as the technical professionals, assess knowledge of SAS, and earn industry’s credit for their knowledge.

SAS Certified Professional can be an advantage to employers as he or she study by the honored industry analyst, found improved customer services, increased productivity, in addition to decreased operating cost within companies who employ certified staff. So, SAS comes as a great career builder course in the present era.

Monday, 18 August 2014

Hadoop Training: A Perfect Solution For Large Data Sets

Hadoop’s is unstoppable as its roots grow passionately into enterprises. Its unique, refreshing approach to data is completely transforming the ways companies store, process, evaluate, and share their big data. With more implementation comes more need for the Hadoop professionals. Below are the reasons why you should opt for Hadoop training in Delhi:
  • New technology and less skilled professionals
It is apparent from its fame that implementation of Hadoop technology is a great success. Although there is a great demand for the people having Hadoop skills, there actually are fewer people having the right skills, since Hadoop is a quite new technology. This gap can be decreased through Hadoop training in Delhi.
  • Increase in total number of professionals willing to switch their career
There are many professionals from Mainframe, Java, testing and Data Warehouses background who want to change their careers to Hadoop. This isn’t limited to professionals of these backgrounds only. People are looking to leave their venture and comfort zone out to the new and better field, known as Hadoop, for career advancement. It has taken priority over other technologies due to its great success in implementation.
  • Increased Demands for Hadoop Experts after launch of Hadoop 2.0
Apache Software Foundation launched Hadoop 2.0 recently, which incorporates numerous new features, like YARN. This release shines light on major problem, which companies considering Hadoop initiative are intended to face, the vast shortage of Big Data knowledge in existing labor pool. So, there is more demand for Hadoop professionals now.