TechNavio recognizes the following companies as the key players in the Global Data Analytics Outsourcing Market: Fractal Analytics Ltd., Tata Consultancy Services Ltd., Wipro Ltd., and ZS Associates.
Commenting on the report, an analyst from TechNavio’s team said: “People use mobile devices for various purposes such as GPS navigation, people tracking, remote personal car safety, geo-targeted mobile advertising, and toll collection. GPS Navigation is done by GPS tracking and data analysis facility. This system integrates the data analysis, operations, and communication software tools and works with GPS receiver which is at the other end of the satellite. Hence, with the help of GPS Navigation we can easily track the data and perform data analysis in order to extract information. With similar techniques, mobile devices are helpful in people tracking. Similarly, location-based data is helpful in generating mobile advertisements. With the help of this, the location of a person can be identified and the relevant advertisement can be sent on their mobiles. In recent years, data analytics service providers have started to invest considerably in their data analytics outsourcing offerings with increasing focus on mobile analytics. This helps vendors in concentrating on providing better offerings and moving up the value chain.”
According to the report, one of the major drivers is the exponential growth of data. With the presence of a large amount of data, enterprises need data analytics to automatically track the performance and behaviour of the information stored in their IT systems. In addition, they require data analytics to develop innovative business strategies and improve their overall operational efficiency.
Further, the report states that the lack of awareness is one of the major challenges confronting this market. Enterprises are unaware of the potential benefits of implementing data analytics in their work environment. This is affecting investment in Global Data Analytics Outsourcing market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are American Express, Capegemini, CITI, Cognizant, Credit Rating Information Services of India Ltd., EClerx Services Ltd., EVALUESERVE Ltd., EXL Services Holding Inc., Genpact Ltd., Mu Sigma Inc., Opera Solutions, Infosys Ltd., UBS AG, and WNS Holdings Ltd.
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. For further information on this report, please visit https://www.technavio.com/report/global-data-analytics-outsourcing-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Data Analytics Outsourcing Market 2012-2016
