Many organisations across sectors in India firmly believe that data science is a crucial aspect of an enterprise to scale sustainably. This has accelerated the overall adoption of advanced analytics and AI in India, with organisations investing considerably to improve their analytics capabilities. This report is an effort to get an overview of data science in domestic Indian enterprises.
The report aims to present the state of data science in the domestic Indian market by analysing the analytics adoption of key Indian firms. The study considers around 50 key organisations to quantify the analytics maturity and penetration using different parameters across industries. It provides a greater understanding of what mature organisations are doing to draw tangible results from their analytics investments.
The study reveals that almost all enterprises have realised the importance of data science. All organisations are leveraging analytics at some level to improve their decision-making and automate/operationalise processes for better productivity and cost-effectiveness. The study observes that all sectors are at different stages in terms of their analytics penetration and maturity. At the same time, all of them have a scope for improvement.
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Around 50 large-sized companies were considered for this study. Different firms across sectors with significant revenues in the Financial Year 2021 were…