Wednesday 25 March 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Data Analytics Outsourcing Market: Fractal Analytics Ltd., Tata Consultancy Services Ltd. (TCS), Wipro Ltd. and ZS Associates Inc.
Other Prominent Vendors in the market are: American Express, Capgemini, CITI, Cognizant, Credit Rating Information Services of India, eClerx, Evalueserve, EXL Services Holdings, Genpact, Infosys, Mu Sigma, Opera Solutions, UBS and WNS Holdings.
The report said: “One potential trend emerging in the market is the emergence of social analytics which performs analysis based on consumer buying patterns and by collecting customer feedback. This helps in launching new products depending on customer needs, consequently increasing the revenue of enterprises.”
According to the report, one of the major drivers in the market is the expansion of data. With the presence of a large amount of data, enterprises need data analytics to automatically track the performance and behavior of the information stored in their IT systems.
Further, the report states that the shortage of data scientists is one of the major challenges confronting this market. Performing data analytics requires professionals with good knowledge of all data analytics tools.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.