The data analytics services market in India is set to grow three times and is expected to touch $1.15 billion in 2015, an over 67 per cent increase from $375 million in 2010, according to a report on analytics outsourcing by Avendus Capital, a leading financial services firm. India alone accounted for over 70 per cent of the total global data analytics outsourcing market ($500-550 million) in 2010. Analytics outsourcing helps companies get their analytics needs met without having to take on the responsibility of another new process. And for those who don’t already know what data analytics is, it is the science of examining raw data for the purpose of drawing business-related conclusions about the information, and for modelling and predicting business outcomes. According to the report, over the last decade, India has matured as the preferred outsourcing destination for IT and ITeS services, due to a number of factors that include increase in data generation, cost savings, operation
These are some of common Data Dimensionality Reduction before any variable reduction technique Missing Values Low Variance Filter. ... High Correlation Filter. ... Random Forests / Ensemble Trees. ... Principal Component Analysis (PCA). ... Backward Feature Elimination. ... Forward Feature Construction. Please look out for details of each of the method
SUMMARY Four vendors command the bulk of the Web analytics market, but others continue to innovate. This document describes the market's dynamics and profiles the leaders. Overview Demand for Web analytics tools continues to expand, even as the number of top-tier global vendors has shrunk to four. This update explains the market dynamics and provides an overview of the leading vendors. Key Findings For large or Web-channel-centric organizations, Adobe, Google, IBM and Webtrends represent the top tier of global vendors to evaluate. The Web analytics market has expanded to include additional digital channel optimization products. New vendors are emerging with specialized offerings, but they have not yet achieved significant market share. Recommendations Find out the requirements of marketing, content development, Web operations and customer support teams before evaluating analytics vendors. Set a budget for tools and customization services that is in line w