Data science and analytics are changing how businesses function

 Souma Das, Managing Director, Alteryx India Sub-continent 

“According to the World Bank, internet penetration in India doubled from 20% in 2018 to 41% in 2019 and is expected to add over 900 million users by 2025. This surge has fueled growth for data analytics throughout the country as it holds the potential to transform the way organizations operate by making more accurate and efficient data-driven decisions. This, in turn, can optimize operations and drive more efficient resource allocations.

A key example is how data analytics is transforming the healthcare industry. Healthcare professionals are empowered with massive data sets and timely data analysis that help drive more accurate and faster patient diagnosis and treatment. Data science and analytics are also changing how businesses function in other key industries such as manufacturing, retail, and transportation.

While data analytics are poised to revolutionize the Indian economy, there are some challenges to overcome before we realize its full potential. One such challenge is the lack of skilled data scientists to leverage and act on data, hindering many organizations’ ability to make data-driven decisions.”

At Alteryx, we are democratizing data science and analytics by delivering easy end-to-end automation of data engineering, analytics, reporting, machine learning, and data science processes. More recently, we boosted decision intelligence with new cloud analytics capabilities on our Alteryx Analytic Cloud Platform, empowering everyone to participate in the decision intelligence process regardless of job role, skill level, or department. This has created new opportunities for organizations of all sizes to leverage the power of data and achieve a competitive advantage.”