NIIT ventures into Business Analytics to create a pool of qualified professionals in the sector

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Printer-friendly versionPrinter-friendly versionPDF versionPDF versionLaunches comprehensive ‘Program in Business  Analytics’ designed and developed by industry practionersNew Delhi, December  09, 2013: NIIT, leading Global Talent Development Corporation and Asia’s largest IT trainer today announced the launch of a comprehensive and unique – “Program in Business Analytics” to develop the next generation of data scientists and business analytics professionals. As the need for analyzing huge volumes of data presents immense opportunity for businesses today, there has been a growing demand for analytics professionals across various sectors. To cater to this emerging trend, apart from some of the leading business schools, NIIT is the first to introduce a cutting-edge program in Business Analytics.   Given the large amounts of new data created every single minute, analytics skills are no longer just an extension of the IT professional, they are becoming increasingly important for businesses. Business Analytics is emerging as an industry in its own right. According to a study by IDC, it is estimated that global enterprises will invest Rs 12000 Crores (US$120 Billion) by 2015 to capture the business impact of analytics across hardware, software and services. The study also estimates a five-year compounded growth of 16 percent for the Indian analytics market. NASSCOM has also estimated that from fifty thousand today, the demand for Analytics professionals in India will grow to two lakh fifty thousand by 2015.   In today’s business environment analytics plays an ever increasing role in various contexts, as it is estimated that about 1300 exabytes of information exists in the world of which 90% is unstructured and only 2% is non-digital. Perceiving the need for skilled analytics professionals in almost every industry vertical, NIIT has launched the ‘Program in Business Analytics.’ The six months program has been developed by industry experts with inputs from several leading analytics companies and offers a fine balance between concepts and hands-on practice.   Speaking on the occasion, Mr. Amitabh Lahiri, President, Career Building Solutions, NIIT Ltd. said, “India today has one of the largest pools of analytics and data science talent in the world and has been playing a key role in supporting the analytical needs of the developed markets. At NIIT we are leveraging our expertise by offering a unique Program in Business Analytics which will be transformational for students through the use of active learning and business problem solving exercises enabled by a cutting edge curriculum.” Analytics is a way of thinking that allows the use of knowledge, tools and technologies to extract valuable insights from data. It is one of the fastest emerging industries’ thus creating a need for skilled professionals to manage the data differently. Analysts have also predicted that companies are creating business value and enhancing their services out of the Big Data investment.   The unique program in Business Analytics will be delivered by practitioners who have rich experience of working with some of the best analytics firms and Fortune 500 clients. The program is based on intensive assignments, case-studies, projects and uses a case-based approach to learning. Learners and professionals with a background in business management, engineering, mathematics, statistics, or economics can undertake this program.    About NIITEstablished in 1981, NIIT Limited, a leading Global Talent Development Corporation and Asia’s premier IT trainer, offers learning and knowledge solutions across 40 countries. Leading IT journal Dataquest has conferred upon NIIT the ‘Top IT Training Company’ award successively for the past 20 years, since the inception of this category.   NIIT’s Individual Learning Business offerings include industry-endorsed programs for students seeking careers in IT – GNIIT and Edgeineers, and GlobalNet+ for IT professionals. The company has introduced “India’s first cloud campus”, through its new-age GNIIT program. This offers students a higher mobility as they can access courseware using Netbooks to connect seamlessly to NIIT’s Cloud Campus network.   NIIT’s Corporate Learning Solutions offers Managed Training Services including integrated learning solutions (strategic consulting, learning design, content development, delivery, technology, assessment and learning management) to Fortune 500 companies, Universities, Technology companies, Training corporations and Publishing houses.   NIIT Yuva Jyoti, a joint venture between NIIT and NSDC, offers vocational skills training programs to enhance employability of youth across India.   NIIT provides computer-based learning to around 15,000 government and private schools. The futuristic NIIT nGuru range of learning solutions for schools comprises Interactive Classrooms, Math Lab, IT Wizard programs and Quick School (Education Resource Planning software).   NIIT Imperia - Centre for Advanced Learning, offers Executive Learning Programs in association with leading Business schools in India, KPMG, Google India and Internet and Mobile Association of India (IAMAI), using the synchronous learning platform.   NIIT Institute of Finance Banking & Insurance (NIIT IFBI), formed by NIIT with equity participation from ICICI Bank, offers programs for individuals and corporates in Banking, Financial Services and Insurance. NIIT Institute of Process Excellence Limited, a NIIT-GENPACT venture (NIIT Uniqua), offers complete training outsourcing services to the Business Process, Knowledge and Technology Services industry to create business models that enhance productivity and lower costs.   In recognition of its people centric policies, which foster an environment of growth and career development, NIIT has been ranked as the 4th Best company to work for in India 2013, by Great Place to Work Institute®.

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