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Nasscom hosts summit on big data, analytics in Bengaluru
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SME Times News Bureau | 12 Jul, 2018
Indian IT industry's apex body Nasscom on Wednesday unveiled the 6th
edition of its Big Data and Analytics here to highlight their disruptive
role in development of AI (Artificial Intelligence) worldwide.
"The
two-day event hosted leaders conferring to the paradigm shift from
being an industry-wide disruptor to business-as-usual witnessed by India
Inc," said the National Association of Indian Software and Services
(Nasscom).
With "Democratising AI" as the theme, the summit had
experts brainstorm on the integration of newer technologies like AI,
Machine Learning and Design Thinking into business models.
"Data
science and AI technologies allows harnessing complex, high volume, high
speed data into insights for decision making, emerging as the one of
biggest growth opportunities for India to capitalise on," said Nasscom
Vice Chairman Keshav Murugesh at the summit.
As new digital
economies straddle across industries, there is demand for AI-based
servers and computing capabilities. The capacity of workers to master
these new skills and availability of talent will be key driver of
competitiveness in the Big Data and Analytics industry.
The
participants also focused on embedding AI into business processes (back
office), supply chain application, data protection in the age of AI and
man-machine interface.
The industry body identified six areas of
specialization, spanning business analysts, solution architects, data
architects, analysts and scientists, in the Big Data Analytics domain
which are expected to be key to sectors growth.
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