The global Data Analytics market in Banking sector was $7.19 billion in 2017 and it is expected to reach $14.83 million by 2023, growing at a CAGR of 12.97% between (2018-2023).
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With its increasing relevance across various sectors, the global demand for big data, analytics, and data science professionals are on a rise. Piling data along with a surge in fields such as AI, machine learning, and data science, has made analytics the most sought-after professions in India as well. There is an increase in demand for highly skilled professionals and companies are on a constant lookout for professionals who can fill the gap.
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The growth and popularity of R programming have been helping data-driven organizations succeed for years. Nearly every industry now sees data and analytics as a strategic competitive advantage, and R is the language of choice for the data analyst. Because of its popularity, not only is R helping drive success for companies using it, it’s driving its success as the industry standard for using data effectively. Here are a few examples of how companies use R to drive their bottom line.