DIGITAL TRANSFORMATION
36
( 19 %), cloud technologies ( 16 %) and big data ( 12 %).
With a market valuation of US $ 41.6bn , Infosys has put its technological heft firmly behind data analytics , creating cutting-edge solutions such as a data analytics workbench . “ This automates the data science lifecycle end-to-end so that you don ’ t have to spend a lot of time on data ranking and creating semantic layers . Instead , you spend more time on building a model and generating insights ,” explains H . C . During the current analytics lifecycle , around 80 % of the time is spent on data acquisition and preparation whereas only 20 % is actually spent on analytics . This platform reverses this equation and aims to empower self-service analytics . Infosys hopes to apply this same way of thinking to AI by working on a new AI workbench too .
Looking at the future of data analytics , H . C . sees three key trends emerging on the horizon . First , more businesses are seeking to become more analyticsdriven and the sector is also seeing a greater converge of data and digital ware . Finally , Satish says that “ as the
“ As the digital economy grows , it will lead to a new economy — the data economy , which is powered by AI ”
— Satish HC , Executive Vice President and Head of Data Analytics
MARCH 2019