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A New India in the Make: GST’s Impact on Items and Services

India’s iconic tax reform is here. Rolled out from midnight of 30th June, 2017, GST is taking the entire nation by a storm – the GST Council has pegged the tax rates for 1211 items and 600 services, holding a majority of these within 18% tax rate slab.

 
A New India in the Make: GST’s Impact on Items and Services
 

The GST Council has designed 4 tax rate slabs primarily for numerous items – the rates are as low as 5%, standard rates hover around 12% to 18%, whereas the highest rate found is of 28%. Some of the items had higher effective tax rates before GST implementation, but under the new tax policy, the consumers are to be benefitted at large.

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Will GST Boost The Big Data Revolution? The Answer lies Within

It is July 1st, 2017 – the epic day when GST, aka The Goods and Services Tax comes into effect, simplifying the whole tax collection procedure of the nation. From today, there will be a single tax on the supply of goods and services that will replace all other state and central levies. GST is pegged to be one of the most impressive economic tax reforms implemented by PM Narendra Modi to take Bharat to the summit of transparent digitization.

 
Will GST Boost The Big Data Revolution? The Answer lies Within
 

Data is crucial. While it ushers in a greater transparency and simplified tracking through data, it also unleashes the requirement for Data Analytics and ERP solutions. Besides, GST includes several billing software and payment gateway channelization, triggering plenitude of job opportunities in the IT sector. Reports say it is going to be a $1 billion opportunity for IT vendors over the next two years. Quite a lot to think about!

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Move Your Career towards Big Data Analytics: The Future Looks Bright

Move Your Career towards Big Data Analytics: The Future Looks Bright

With state-of-the-art technology looming on the horizon, the $150-billion Indian IT industry has a high appetite for workers accomplished in the fields, like AI, Data Science, Big Data, and more.

Soon, it wouldn’t be enough to flash an engineering degree or some minor knowledge in Java or Python – the need for data science and artificial intelligence is on the rise. Automation is going to be the key to change. Globally, 12% of employers have started thinking of downsizing their workforce owing to technological advancement. Amidst all this, don’t think India would be spared. Indian bosses fear automation will reduce their headcount too. But fret not, it’s not all a bad news – there is always a silver lining after rains and that is Big Data jobs.

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Shine bright with Big Data

In India, the number of job openings in the Analytics field almost doubled from the last year. Digital natives, like Amazon, Citi, HCL, IBM, and Accenture are waiting to fill close to 50000 positions, according to a study conducted by Analytics India Magazine and Edvancer. All these definitely signify parting off the dark clouds, and I can’t agree more!

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Artificial Intelligence and Machine Learning are building a base of its own. Moreover, AI is deemed to be the hottest technical sector in the next 5 years and would beam in success. Along with top-of-the-line tech firms, more than 170 startups have transfixed their gaze on this field. To surf on the next wave of IT jobs, candidates need to step aside from low-in-demand stale skills to excel on budding Analytics skills. Every single HR Manager out there is seeking professionals who can manipulate algorithms and work wonders in various machine-learning models and you can be one of them!

Get better, get evolved

Expertise in languages, like Java/C/C++ gives you a certain edge, but to enter the dominating field of Big Data, techies will be asked to master intricate languages, such as Scala and Hive that are less conventional. Millennial recruiters are also looking out for those who have a keen insight for good design and flawless code architecture. “Programmers who focus on good design principals are always preferred over programmers who can just code,” Rajat Vashishta, founder of Falcon Minds, a resume consulting firm, says. “User experience matters a lot more than it used to, say, five years ago.”100793293-102628471r.1910x1000

Where skills in technology, like business intelligence, artificial intelligence, machine learning and DevOps are flourishing, minute attention need to be given on proper implementation of these skills, according to Aditya Narayan Mishra, chief executive officer of CIEL HR Services, a recruitment firm, otherwise all of it would be a total waste.

It’s all in the layout

Presentation matters, you agree or not! Make your resume ready to strike the job criteria you are applying for. For example, if a user interface developer wants to become a full stack developer, he must mention back-end programming skills in the profile. This will give an instant boost to the resume. The design of a resume has also changed over the years. Now, the shorter your resume the better response you get. “Most techies write pages and pages of projects in their resumes. While it is important, in most cases, the same information gets repeated. Anything above two pages is a big no,” says Vashishta.

Feel free to get in touch with our in-house experts for a data analyst course at DexLab Analytics, the premier platform for Data Science Online training in Noida.


 

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The Big Boost in Big Data Jobs in 2017: What the Study Suggests

Big Data is the new big name in the present tech industry. Day by day, it is burgeoning and becoming capacious for companies, including corporate, SMBs and budding startups. It is also the major reason for better opportunities for people, who want to explore newer career realms across sectors, such as healthcare, banking, education, government, retail and manufacturing.

 

The Big Boost in Big Data Jobs in 2017: What the Study Suggests

 

The current IT industry is passing through a jinxed phase, where a lot of layoff fears are on the airwaves but the field of analytics remains largely unaffected. In fact, the number of analytics jobs in the past one year has nearly doubled, as per a report by Analytics India Magazine – a platform for big data, analytics and data science and Edvancer Eduventures – an online analytics training institute. The Analytics & Data Science India Jobs Study 2017 has predicted nearly 50000 positions related to analytics are at present available to be filled in India.

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The Tides Of Change Is Here: Accenture’s Bhaskar Ghosh Talks About AI, IoT and Big Data

With the Fourth Industrial Revolution looming ahead, many would think that we are already in a digital economy era. Well, somewhat it holds true even. There are countless new apps and software programmes that help people hail a cab, make reservations in a hotel or mop floors by using robotic technology. Smart machines have become really smart to do a plethora of highly adept jobs, which would have been a little bit difficult on the part of humans to perform.

 
The Tides Of Change Is Here: Accenture’s Bhaskar Ghosh Talks About AI, IoT and Big Data
 

“While technology has long been developed to serve specific business needs, we are now in an era where people are central to the design and development of technologies,” stated Bhaskar Ghosh, group chief executive, Accenture Technology Services. In a recent interview with a leading financial magazine, he talked over Accenture’s Technology Vision 2017 and gave snippets about the latest trends and innovations that have become a pre-requisite to achieve success in the more-than-ever digitised economy.

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Big Data Salary Report 2017: A Gateway to a Great Career in Analytics

Big Data Salary Report 2017
 

In the US, big data engineer salaries are predicted to range between $135000 and 196000 in 2017, an increase of 5.8% from 2016 salary structure.  

 

In India, big data professionals are predicted to earn salaries in the range of 9.8L INR to 13.10L INR, increasing 6.4% over 2016 salary level.

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Speaking with Tanmoy Ganguli, the expert Data Analyst Bringing Cutting Edge Technology to DexLab Analytics

Speaking with Tanmoy Ganguli, the expert Data Analyst Bringing Cutting Edge Technology to DexLab Analytics

 

DexLab Analytics is proud to announce that Tanmoy Ganguli, a proficient Data Analyst who has a long standing experience in Credit Risk Modelling, SAS and regression models is joining our Gurgaon institute as Program Director. Here are some excerpts from an interview we conducted, where he talks about the various challenges he faced in his career and the rapid development of Data Analytics.

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6 Questions Organizations Should Ask About Big Data Architecture

6 Questions Organizations Should Ask About Big Data Architecture

Big data come with big promises, but businesses often face tough challenges to determine how to take big advantage of big data and deploy the effective architecture seamlessly into their system.

From descriptive statistics to AI to SAS predictive analytics – every single thing is spurred by big data innovation. At the 2017 Dell EMC World conference, which took place on Monday, the chief systems engineer for data analytics at Dell EMC, Cory Minton – gave a presentation simplifying the biggest decisions an organisation need to make when employing big data.

Also read: Big Data Analytics and its Impact on Manufacturing Sector

Let’s get started with 6 questions that every organization should ponder over before stepping into the tech space:

Buy or build?

Do you want to buy a successful data system or build one right from the scratch? Minton said, though buying offers simplicity and a shorter time to value, it comes at a hefty price. The building idea is good and provides huge scale and variety, but it is very complicated, and interoperability is one of the biggest issues faced by admins, who take this route.

Teradata, SAS, SAP, and Splunk can be bought, while Hortonworks, Cloudera, Databricks and Apache Flink are used to build big data systems.

Also read: What Sets Apart Data Science from Big Data and Data Analytics

Batch or streaming data?

Products like Oracle, Hadoop MapReduce and Apache Spark offers batch data – they are descriptive and can manage large chunks of data. On the other hand, Products like Apache Kafka, Splunk, and Flink creates potential predictive models, coupled with immense scale and variety.

Kappa or lambda architecture?

Twitter is the best example of lambda architecture. This kind of architecture works best as it gives the organisation access to batch and streaming insights along with balances lossy streams, as said by Minton. While, kappa architecture is hardware efficient and Minton recommends it for any newbie organisation starting fresh with data analytics.

Also read: How To Stop Big Data Projects From Failing?

Private or public cloud?

Ask your employees, about what kind of security platform they are comfortable working, and then decide.

Physical or virtual?

Minton said – a decade ago, the debate surrounding virtual or physical infrastructure used to gain more momentum. Now, things have changed. Virtualization has become so competitive that sometimes it outdoes physical hardware. Today, it stresses more on what works for our infrastructure rather than individual preferences.

Also read: Why Getting a Big Data Certification Will Benefit Your Small Business

DAS or NAS?

Minton said Direct-attached storage (DAS) is the only way to initiate a Hadoop cluster. Today, the tides are changing; with increasing bandwidth in IP networks, the Network-attached storage (NAS) option is becoming more feasible for big data implementation.

DAS is easily initiated and the model works well within software-defined concepts. NAS is efficient in handling multi-protocol needs, offers functionality at scale and addresses security and compliance issues.

For more big data related news, check out our blog section in DexLab Analytics. We are a pioneering data analyst training institute, offering excellent Big data hadoop certification training in Delhi.

 

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What to Expect: Top 4 Hadoop Big Data Trends 2018 Reigning the Healthcare Industry

What to Expect: Top 4 Hadoop Big Data Trends 2018 Reigning the Healthcare Industry

Of late, we have been scrounging through plenty of news about healthcare challenges and gruelling choices confronted by hospital authorities, administrators, researchers, pharmaceutical in-charges and clinicians. Coupled with that, consumers are battling increased costs without corresponding enhancement in health security or in the authenticity of clinical consequences.

However, just as every dark cloud has a silver lining – the healthcare industry is now at the threshold of a major transformation using the stroke of luck Big Data and Hadoop.

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In this blog, we are going to brash about 4 above the rest big data trends in 2018, and trust me they are mind blowing:

The patient is the king (well not literally!)

A supreme objective of modern healthcare facilities is to offer value-based and patient-centric service with the use of veritable health information technology in order to:

  • Improve healthcare coordination and quality
  • Lessen healthcare costs
  • Offer support for reclaimed payment structures

By leveraging information technology and concentrating on healthcare systems on patient results, a spectrum of doctors, health insurance, care and hospitals need to correspond with each other to customize care that is price effective, efficient in quality, transparent in delivery and billing and based on patient satisfaction level.

 

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IOT is omnipresent, so why leave healthcare

If reports are right, over $120 billion has been spent on healthcare IOT over 4 years, ONLY. Most of the data derived by the healthcare IOT is unstructured, thus helming ways for the use of Hadoop and advanced big data analytics relying on Hadoop framework.  

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Advanced monitoring devices interacting with other patient devices could possibly reduce the chances of direct doctor’s intervention, and might substitute it with a phone call from the nurse. Moreover, other smart devices installed can detect if medicines have been consumed regularly at home from smart dispensers. In the event of failure, the device will instantly initiate a call to help patients take medications, properly. From this, you can understand the costs will fall drastically, while improving the patient care.

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Call for cleansing – Curb waste, abuse and fraud

After suffering from spiralling healthcare costs for years, big data is a solace to our finances. By initiating predictive modelling structured on the Hadoop big data platform, identification of erroneous claims in a systematic and repeatable is possible, resulting in a generation of 2200% return on advanced big data technology.

 

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Now, the healthcare organisations can inspect and evaluate patient records and billing anomalies and identify frauds. It has been made possible by going back in time to analyse unstructured datasets and implement machine learning algorithms to detect the inconsistencies.

Predict better outcomes with predictive analytics

Predictive Modelling is being used worldwide, by deriving data from EHRs (Electronic Health Records) to reduce mortality rates from diseases like congestive heart failure and sepsis. As you all know, Congestive Heart Failure (CHF) is one of the costliest health problems and needs huge healthcare spending. So, the earlier it is diagnosed the better it is, without getting into the expensive complications.

Predictive analytics combined with machine learning on large sample sizes, containing more patients’ data can expose all the nuances and sequences that couldn’t be uncovered previously.

 

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Concisely, the more healthcare organizations adopt Hadoop and advanced big data technology, the more profound will be the data dissemination across teams and partners, which will further boost patients’ easy cure and reduction in costs.

Promote your analytic skills with Big Data Hadoop certification in Gurgaon, offered by DexLab Analytics. Embrace and enrol for Hadoop certification in Delhi today, as the future is going to be ruled by Big Data.

 

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