Top 10 Data Analytics Consulting/Service Companies - 2020
Today, digital transformation is becoming a top-notch priority for businesses. They are investing significant time and capital, especially in honing the data analytics capabilities to make more informed and real-time decisions. Data analytics is opening new doors for expansion for an organization, which is providing companies the necessary impetus to scale globally, perform better by reducing network latency, and gain a strategic edge over competitors. Moreover, with the volume of data growing exponentially, organizations have lately realized the need to automate data management tasks. Such trends are now impacting all the data management processes and workflows along with data quality, metadata, and master data management, as well as data integration.
With these trends in mind, service providers are adding machine learning and artificial intelligence (AI) capabilities to make data management processes self-configuring and self-tuning. That way, highly skilled technical staff can focus on other important tasks at hand. Besides, deep learning has emerged as one of the most powerful subsets of machine learning, enabling in-depth learning against a high volume of unstructured data that can connect insights to action. In the vast pool of technologies that boost data analytics, blockchain is also successfully addressing several challenges involving data, applications, and business processes. Although the technology has not been fully matured, the beginning of 2020 did witness a big step up in blockchain’s development for the data analytics landscape. Together with that, enterprises have also seen a boom in graph analytics, which they are using for the seamless representation of processed data, cost-effectively.
At this juncture, there is a wide variety of data analytics service providers entering the industry with a set of advanced and insightful offerings. To help companies strengthen their data-based infrastructure and simultaneously enable growth in the industry, CIOReview has compiled a list of the 10 most promising data analytics consulting/ service companies. The list comprises prominent organizations in the industry that solve data analytics challenges by implementing the current trends in the space. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIOReview’s, “10 Most Promising Data Analytics Consulting/Service Companies– 2020.”