To focus on the rapidly growing business analytics market place, the IBM today said it would soon set up a new ?Business Analytics Centre of Competency? in the city.

The new facility will have more than 200 consultants with advanced analytics skills, IBM said in a statement here.

These experts will collaborate with local client teams to craft advanced solution that apply analytics to a company?s most complex information based challenges and biggest opportunities.

The demand for deep analytical skills has begun to emerge as a strategic imperative as companies seek a competitive advantage in today?s transformed global economy.

The Centre of Competency will also support IBM?s recently announced network of global business analytics solutions centers, it said.