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Policy paper - Bigdata skill building
1. Policy Paper :
Need for focussed Big Data & Analytics skillset building through
NSDC(National Skill Development Corporation) & creation of
Bigdata & Analytics focussed IT Parks
Author:
Ritesh Shrivastava
Group Project Manager, SAP
HCL Technologies Ltd.
Cell:+91-9818342252
Linkedin: https://in.linkedin.com/in/riteshshrivastava
Twitter: @Ritz1975
2. Bigdata: An Introduction
2
• Big Data is an unprecedented phenomenon happening current in the world of ICT
(Information AND Communications Technology) field which focuses on tools and
techniques to make sense of the large volume, velocity, and variety of sources of the
creation of new data and make meaningful inferences productive to the organization
/enterprises based on the same.
• BIG DATA can be defined as structured, semi-structured and unstructured information
from demographic and psychographic information about consumers to product reviews
and commentary, blogs, content on social media websites, and data streamed 24/7 from
mobile devices, sensors and technical devices. In fact, lots of time, these emerging
disruptive trends are referred to as SMAC phenomenon (Social, Mobile, Analytics and
Cloud Computing).Exabytes of new data are created every single day. Much of this
information is transported over Internet protocol (IP) networks. First described by Clive
Humby as the “new oil,” this data growth is fueling knowledge economies, sparking
innovation, and unleashing waves of creative destruction.
•
5. Source: Crisil R&A Research Report on Big DATA
Growth estimates: USD 35 Billion by 2015 and USD 53 Billion by 2017
Market Opportunity: Global
6. Big data Market & framework
6
The Big Data market is at
$5.1 billion as of 2013
and is expected to grow
to $32.1 billion by 2015 &
to $53.4 billion by 2017.
We create 2.5 quintillion
bytes of data daily .90%
of this data has been
created in last two years
due to rapidgrowth in ICT
and Mobile Computing .
62% of companies
believe Big data has
significant potential to
create competitive
advantage.
10. Skill building & Industrial applicability
We need to utilize NSDC
as well as private players
to create practical short-
term courses in
Hadoop Mapreduce,
Scala,Cassandra,Spark,
SAP HANA and related
Bigdata technologies to
utlize this market
opportunity to create a
second wave of IT
employment.
IT Parks focused on
startups in
Bigdata/Analytics & IoT
are needed.