India is going through a major transformation when it comes to implementing digital technologies that is boosting economic growth and progress. One such initiative that will further assist this transformation is NEC Technologies’ Center of Excellence for Analytics Platform & Solutions that will strengthen support for utilization of big data analysis services in India as well as globally…
NEW DELHI, JUNE 6, 2017: NEC Technologies India Private Limited (NTI), an NEC Corporation company, has launched “Center of Excellence for Analytics Platform & Solutions” (COE-APS), for promoting solutions and services of NEC’s Big Data & Analytics Platform, “Data Platform for Hadoop (DPH)”.
Set up with an initial investment of $10 million, the COE-APS will simplify digital transformation and act as a one stop shop for both customers and partners in the Telecom, Retail, Banking, Financial Services, Insurance and Manufacturing sectors, as well as Government organizations. NEC aims to achieve revenue of more than $100m within 3 years of the COE-APS’ establishment.
The COE-APS will initially focus on markets that include Japan, India, Singapore, Philippines and Hong Kong, then gradually expand services throughout APAC and other regions. In order to support these growing operations, NEC plans to organize a team of 100 professionals within the first few years, as the Global Big Data & Analytics market is expected to reach $210 billion by 2020. Hadoop alone is expected to reach $50.2 billion by 2020. With the industry already facing a shortage in talent, specifically in Hadoop and analytics areas, the establishment of the COE-APS will help NEC to leverage India’s strong talent base.
“The key to success for organizations today is to make fast and informed decisions by extracting insights out of the huge volumes of data that are available to them. The new Center of Excellence is an important step towards utilizing big data analytics and NEC’s Data Platform for Hadoop to provide benefits for government bodies and enterprises in India and across the world. Going forward, we aim to continue driving digital transformation for industries of all sizes and markets,” said NEC Corporation Senior Vice President Tomoyasu Nishimura.
According to NEC Technologies CEO and Managing Director Anil Gupta: “In recent years, the exponential growth in data processing is straining the capabilities of conventional databases and data warehouse solutions. With the advent of Big Data & Analytics solutions, customers can be reassured that data is comprehensively and reliably analyzed, thereby enabling them to make well-informed decisions at the right time. Moreover, the COE-APS will leverage the computational power and scalability of NEC’s specialized Hardware for Big Data & Analytics in order to flexibly handle the ever increasing demand for storage and computation by Hadoop.”
He also said NEC has an accomplished record of contributing to national projects in India, including the Delhi Mumbai Industrial Corridor (DMIC) and the Unique Identification Authority of India (UIDAI), which is aligned with the Government’s “Digital India” initiative. For the DMIC, NEC established a Logistics Data Bank (LDB) that tracks almost 70% of container in India. In terms of the UIDAI, NEC provides a large-scale biometrics identification system which registered more than 1 billion people since its deployment. Now , COE-APS will prove beneficial in implementing various crucial government initiatives linked to Digital India and e-commerce programmes, Mr. Gupta added.
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