Finalytica: Latest Happenings, Jan 2020

  • According to a report prepared by an edtech firm, India is expected to see 1.5 lakh new job openings in data science in 2020, which from last year, is an increase of about 62%. A majority of these jobs would preferably be for professionals with less than five years of experience.
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Finalytica: Latest Happenings, Dec, 2019

  • According to a market report, the Supply Chain Big Data Analytics Market is expected to register a CAGR of over 17.31 percent during the forecast period 2019 – 2024.AI-enabled NLP scans through the supply chain documents like contracts, purchase orders, chat logs with customers or suppliers and significant others to identify commonalities which are used as feedback to optimize SCM as part of continual improvement.ML helps people manage the flow of goods throughout the supply chain while ensuring that raw materials and products are in the right place at the right time.
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Finalytica Nov-2019: Latest Happenings

Latest Happening: Nov 2019

 

  • As per the reports by Analytics India Magazine, the overall adoption of Analytics & Data Science at large Indian firms is around 70%. In other words, 70% of all large firms in India have adopted analytics in some form.
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Finalytica, October 2019: Latest Happenings

  • While India has also joined several other countries in the world in demanding data localisation which implies that that data or a copy of it should be hosted on local servers or restrict transfer of data outside national borders including the banking regulator RBI or the draft Personal Data Protection Bill, 2018 (PDP Bill).
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Finalytica July, 2019: Latest Happenings

The Big Data and Analytics industry has gone through major disruptions in the last five years. Analytics & Data Science Industry in India 2019 As per a study by Analytics India magazine with Praxis Business School.… Continue reading

Finalytica June, 2019: Latest Happenings

  • As per a study done by Microsoft and IDC, AI will double the rate of Innovation and employee productivity in Indian enterprises by the year 2021. While only one-third of Organisations in India have embarked on their AI journeys, those companies that have adopted this technology expect it to increase their competitiveness by 2.3 times in 2021, said the study that surveyed 200 business leaders and 202 workers in the country.
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Finalytica May, 2019: Latest Happenings

  •     India has beaten China as the leading Fintech startup hub in Asia by attracting a larger volume of investments in the first quarter of 2019 revealing the contrasting environment in both the countries from an investor and regulatory point of view.
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Finalytica April 2019: Latest Happenings

  • RBI recently released a draft of Fintech regulatory sandbox framework for stakeholder comments. The draft proposes that Fintech startups could participate in a sandbox monitored by RBI to provide fresh industry solutions in tech services such as retail payments, digital KYC and remittance services, among others. 
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Finalytics March, 2019: Latest happenings

  • According to a recent report on Indian Fintech ecosystem, India has achieved the second spot globally with largest number of Fintech Startups after US. Among all Fintech Startups, the ones who had maximum share were payment companies, lending, insurance and personal finance management Startups.
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Finalytica Feb, 2019: Latest Happenings in Data Analytics, AI and Fintech world

*  At its annual strategic review, NASSCOM announced that India’s IT-BPM industry grew 9.2 percent in 2018-19, during which it created 170,000 new jobs across large and mid-sized enterprises. Most of the job creations happened in the field of emerging technologies such as Artificial Intelligence (AI), data analytics, and cybersecurity, as companies across the spectrum ramped up their investments in digital transformation and innovation.… Continue reading

Finalytica Dec, 2018: Latest Happenings in Data Analytics, AI and Fintech world

Latest Happenings in Data Analytics, AI and Fintech world

  • Lok Sabha election 2019 is likely to focus a lot on data & data analytics. BJP did lot of with its hi-tech election campaign in the general elections of 2014. Similarly, other parties too have understood the significance of data-driven elections in making major influences on the results and have started diversifying their outlook away from the traditional ways of electioneering.
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Finalytica Dec, 2018: Experential Learning

Summariser and its key features

In the Textrator module of Bigdator, we have a Summariser feature which can create short summaries of long articles, reports and any kind of long text. It can be delivered as a Product as an API.… Continue reading