Data Science is next big thing in
decision-making
When you buy a product from an online marketplace, have you
ever wondered how your order gets processed among millions of others?
Does it baffle you how some banks use chatbots to solve customer
queries based on transaction history, or that financial and portfolio
management institutions deploy sentiment analysis and algorithms to
consistently generate handsome returns for customers. In the age of decision
sciences, all this and more can be effortlessly achieved. Thanks to the quantum
advances in technology, today decision sciences is the cornerstone of success
in the data-driven world.
Decision sciences is helping corporations in BFSI (banking,
financial services and insurance), ecommerce, telecom, transportation and many
such industries process massive amount of data to leverage their true business
potential.
Sunrise Sectors: As per the Analytics India Report 2017, big data
and decision sciences are the next sunrise sectors. Analytics revenue is pegged
at $2 billion in FY17 whereas startup funding has crossed $700 million in the
last two-and-a-half years alone. The 600-odd analytics firms that exist in
India employ just 90,000 analytics professionals today. Even though the
seemingly infinite potential of decision sciences outweighs the cost of
investment, big data has been efficiently harnessed by just a few corporations
in India.
Many of them admit that they haven’t been able to leverage its
benefits due to the shortfall in talent and because of this dearth of highly
skilled human resources, professionals with big data skills will command huge
salaries. But the need of the hour is a holistic programme that addresses these
concerns and understands the specific requirements to upskill in this respect.
TimesPro Decision Sciences: TimesPro, a part of Times Professional
Learning, offers three avenues to explore decision sciences as a career through
a combination of basic and advanced-level courses for students at different
levels of understanding and growth in their careers. So, from the industry’s
perspective, these decision sciences programmes have been designed keeping in
mind the rapidly changing demands and requirements of the industry.
The three comprehensive programmes — post-graduate diploma in data
science, post-graduate diploma in advance data sciences and certificate in
advance decision science — are divided into modules, with a special focus on
all important aspects of artificial intelligence (AI), analytics, internet of
things, deep learning and machine learning. Unique Programme Features: Some
programme USPs include 100% instructor-led classroom training, learning on
updated technology platforms from world-class faculty and experienced industry
leaders, optimum mix of concepts, tools and techniques, and association with
world-renowned technology partner Nvidia.
The many benefits also include placement assistance,
case-study-led problem solving related to industries such as retail, BFSI,
human resources and healthcare among others along with capstone projects.
Nvidia Partnership: As an integral part of this decision sciences
programme, TPL has entered into a strategic collaboration with Nvidia, a
$6.9-billion revenue company with a market capitalisation of $84 billion.
Nvidia is also known as the ‘AI Computing Company,’ which helps bring offerings
in deep learning and AI to a wider Indian demographic through the Nvidia Deep
Learning Institute (DLI).
DLI offers handson training for developers, data scientists, and
researchers looking to solve the world’s most challenging problems with deep
learning through self-paced online labs and instructor-led workshops. For more
details, visit
http://timespro.com/data-sciencetraining/post-graduate-diploma-in-advance-data-sciences.
php or Call 9820040052
Read more at:
http://economictimes.indiatimes.com/articleshow/60468625.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Regards!
Librarian
Rizvi
Institute of Management
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