The Advanced Analytics talent pool in India will expand from 65,000 in 2018 to more than 2,00,000 by 2020 – a three times growth in just two years, contributing to a large part of the global supply boom. Globally, the advanced analytics talent pool is expected to reach 1 million during that period, double that of 2018 levels, according to a Bain & Company report: ‘The Indian Equation for Advanced Analytics Talent’. Today, we are in the midst of an explosion in data and analytics, and India has a unique opportunity to become a critical analytics hub for both domestic and global companies and a global leader if educators, business and regulators solve some key challenges, the report said. Innovation in analytics is a priority for almost every organisation today, the release added. Yet, bottlenecks in the key areas of talent, data and analytics strategy often block progress. Bain & Company’s survey of 200 industry participants found that the most analytically mature sectors plan to grow their teams fastest, and employees are most interested in working for companies with well-established track records in analytics.

(Economic Times)