India remains preferred destination for analytics outsourcing

Dataquest

India has retained its place as the most preferred destination for analytics outsourcing compared to other Asian countries like the Philippines and China. The demand is attributed to its talented workforce, lower costs, process expertise and English language proficiency and operational efficiencies, a PTI report states.

It further quotes Jigsaw Academics and Analytics India magazine saying, India will remain a preferred outsourcing destination for IT and ITeS services. Web analytics and social media analytics will witness a shortage of trained professionals and Indian analytics service providers will be challenged into providing services like model development, consulting and proprietary IP based services.

A city-wise comparison in terms of salary shows that analytics professionals in Mumbai are paid the highest up to Rs 11.49 lakh, followed by Bangalore with an average salary of Rs 11.34 lakh and Gurgaon Rs 10.42 lakh, the report added.

Around 60% of the analytics professionals earn over Rs 6 lakh per annum and 20% earn over 15 lakh per annum.