Market for analytics in KPOs to grow exponentially: SAS

Image
Press Trust of India Kolkata
Last Updated : Aug 04 2014 | 6:48 PM IST
The demand for analytics professionals in the knowledge process outsourcing (KPO) centres across the country would grow exponentially in the coming years, an official of SAS India said.
"At present there are 3.5 lakh professionals working in the various KPOs dealing with analytics in the country. The demand is growing at a CAGR of 25 per cent," regional director (south-east Asia), vice-chairman and board member of SAS India Sudipta Sen said.
He said by the year 2020, according to SAS India estimates, India would contribute six per cent of the global big data mining from the present levels of four per cent.
This would create the need to produce such professionals within the country.
Sen said several foreign banks had already set up their back offices for data analytics in the country, which showed that India had the right kind of talent.
"Today analytics has moved from the backroom to boardroom and is fuelling the demand for managers with analytical skills," he said.
Sen said SAS India, which developed the software for analytics professionals, tied up with the Calcutta Business School for teaching such programmes to the students of the institute.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 04 2014 | 6:48 PM IST

Next Story