Mangalore: Big data analytics sector in India is expected to witness eight-fold growth to reach $16 billion by 2025 from the current $2 billion, as per the opinion of industry experts. The sector is expected to reach $16 billion by 2025 and register CAGR of 26 per cent over next five years. According to the experts, India is currently among top 10 big data analytics markets in the world and NASSCOM has set a target of making the country one among the top three markets in the next three years. Most enterprises also grappled with the coexistence of data warehouses and big data lakes. Telecom firms and banks were among the first to move towards big data. Prior to stepping into big data, they were primarily driving their reporting systems through data warehouses with a variety of data management tools. As companies further explored extracting more value from their big data investments, it led to the rise of two major trends in big data: data monetisation and Analytics as a Service. The big data architecture became more compact and abstracted heavily from end users. Data monetisation also played a role in another important transformation of big data.
St Aloysius College (Autonomous), Mangalore has launched a new course in M.Sc Big Data Analytics in collaboration and Support of Tata Consultancy Services from the Academic year 2019. The School of Information Technology at the AIMIT campus of St Aloysius College will; host this programme at the specialized Big Data Labs. The country’s No.1 IT & IT Services Company TCS has partnered with St Aloysius College in Designing the Curriculum; also it will train the Faculty of the School of IT through its innovative Train the Trainer Programme. “TCS has a legacy in innovating various solutions to the problems from Banking, Healthcare, Manufacturing, Retail, and Analytics linked to these fields. The rich experience of TCS in these fields will certainly add value to the faculty and students engaged with this course; moreover the Academia Interface programme with TCS will also help understand the Tata ‘s Values & Critical Thinking applied in Solving problems beyond Technology” says Fr Denzil Lobo SJ Director of Aloysisus Institute of Management and Information Technology. During these two years programme the candidate will be exposed to the Applied Statistics, Mathematics, Information Technology and various Big Data Technology concepts. There course includes Theoretical instructions from the faculty, Practical learning, experiential learning through case studies, Research projects related to Data Science and it application and Industry Internship. The institute also gives more stress on students to take up the Massive Open Online courses (MOOCS) from Swayam, edx, Coursera, udemy, as a part of Self Study component. During the course students have to take up the projects from Health, Travel, Hospitality, Insurance, Banking, Manufacturing, Import & Exports data, Bioinformatics data, etc to apply the Big Data methods and tools. This academic exercise will strengthen the capability of the students in Data Science and Big Data Analytics in solving real time problems which deals with large scale unstructured data get insights in several domains
