Deloitte is the latest company to declare its intentions to focus on the field of analytics.
“Data analytics is going to be the next big wave that will sweep across the world — and India is going to be right at the forefront of it”, says Manoj Singh, global managing director (operations) at Deloitte Touche Tohmatsu.
We had earlier written about IBM spending over $15 billion in the last four years to acquire analytics software and services companies. Oracle, SAP, Microsoft have all made acquisitions in this space.
Social media companies like Facebook and Twitter have also invested in this field recently.
The popularity of analytics keeps on growing as more and more businesses recognize the power of information and learn to leverage it to compete successfully.