Even
as adoption of Big Data technology is on the rise to make better
business decisions, companies are also concerned about lack of skilled
workforce to keep pace with the rate of IT innovation, a study by IT
firm EMC said.
According to the study, 91%
respondents from India said decisions in their organization would be
improved by better use of data. Another 35% said their organizations
have achieved a competitive edge through the use of Big Data tools.
However, 82% respondents said ensuring that skills keep pace with the
rate of IT innovation will be a challenge for their organizations over
the next three years, it added.
The study found
57% respondents agreeing that their senior teams trust Big Data
insights to make transformative decisions. Another 62% agreed that Big
Data tools will prove vital in helping to identify and defend against
cyberattacks.
"The domestic Big Data
opportunity is expected to exceed $150 million. Add to this the
opportunity for Indian IT service providers to address global Big Data
demand, we are looking at a $1 billion opportunity by 2015. To tap this
and the cloud opportunity requisite skills are needed," EMC India and
Saarc president Rajesh Janey told .
By 2015, as
per EMC Zinnov study 1,00,000 private cloud practitioners will be
needed in India. Another study by Nasscom suggests an estimated
15,000-20,000 specialists will be needed for Big Data and related
services.
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