Press release
Data Analytics Outsourcing Market trend Shows A Rapid Growth by 2027- Accenture, Capgemini SE, Fractal Analytics, Genpact, Infosys, Mu Sigma, Tata Consultancy Services, Wipro, WNS
The businesses worldwide have realized the importance of analytics for staying ahead in the competitively intensifying environment. The management professional in the companies is increasingly adopting quantified data analytics, predictive analytics, and risk analytics techniques as a base for their critical decisions such as operational policies and strategic plans. Analytical abilities like forecasting of future events and personalized customer experience are significantly driving the importance of the data as an essential fragment of businesses. However, procurement of skilled data scientist or a team of analysts is at present challenging because of a lack of experienced professionals and increased operational cost. Owing to such factor, the data analytics outsourcing market is expected to witness tremendous growth.
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The global 360-degree market overview has newly added by The Insights Partners to its vast database. It offers brief to readers about the global Data Analytics Outsourcing Market including a detailed study of market segments such as types, size, applications, and end-users. Adoption of new technologies and approaches have been contributed towards the progress of the market.
Top Key Players profiles in this report includes, Accenture, Capgemini SE, Fractal Analytics Inc., Genpact, Infosys Limited, Mu Sigma Inc., Tata Consultancy Services Limited, Wipro Limited, WNS (Holdings) Ltd., ZS Associates, Inc.
Development of new applications is expected to bolster the data analytics outsourcing market growth during the forecast period:
Analytics outsourcing in the coming years is projected, to include a wide range of areas. Fraud analytics in the field of retail banking, cloud-based business analytics, customer analytics for the energy and utility sector (smart metering) and analytics from social network data mining are projected to become the emerging trends in the data analytics outsourcing market.
Major Key questions answered through this research report:
•What are the top key players of the global Data Analytics Outsourcing market?
•What are the strengths and weaknesses of the global Data Analytics Outsourcing market?
•What are the highest competitors in the market?
•What are the different marketing and distribution channels?
•What are the global market opportunities in front of the market?
•What are the key outcomes of SWOT and Porter's five techniques?
•What is the global market size and growth rate in the forecast period?
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Strategic Insights
The companies in the value chain of the data analytics outsourcing market are actively adopting skills and investing in procurement of advanced analytics capabilities by extending their partnership with analytical platform providers. For instance, WNS announced its partnership with Portrix Logistic Software GmbH (PLS), logistics IT solutions provider in Germany. Under the partnership, WNS and PLS will work together to offer their Global Price Management (GPM) solutions to freight forwarders and shippers, which will help them to enhance outcomes. Few of the recent developments are listed below:
2019: Infosys announced its plan to expand its footprint in Japan and formed its joint venture with Hitachi, Panasonic, and Pasona to build solutions that use digital technology platforms to improve indirect procurement.
2018: Wipro entered into a partnership with Lone Star. The partnership between two companies enables Lone Star’s analytic services to improve the IIoT platform of Wipro. This integration would help to predict the future results within a real-time and also turn the knowledge into action.
2017: WNS announced its partnership with Portrix Logistic Software GmbH (PLS), logistics IT solutions provider in Germany. Under the partnership, WNS and PLS will work together to offer their Global Price Management (GPM) solutions to freight forwarders and shippers, which will help them to enhance outcomes.
Global Data Analytics Outsourcing Market – By Type
• Descriptive Data Analytics
• Predictive Data Analytics
• Prescriptive Data Analytics
Global Data Analytics Outsourcing Market – By Application
• Sales Analytics
• Marketing Analytics
• Risk & Finance Analytics
• Supply Chain Analytics
• Others
Global Data Analytics Outsourcing Market – By End-user
• BFSI
• Healthcare
• Retail
• Manufacturing
• Telecom
• Media & Entertainment
• Others
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Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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