Although data management and advanced analytics services are well-established fields, they have become increasingly vital due to the growing demand for hyper-personalization, stricter compliance requirements, and the need for enterprises to be AI-ready. Consequently, enterprises are seeking service providers that can help them navigate these complex technological challenges. In response, service providers are utilizing generative AI-assisted data and analytics tools to better meet enterprise needs.
Both demand- and supply-side trends are covered in Avasant’s Data Management and Advanced Analytics Services 2024 Market Insights™ and Data Management and Advanced Analytics Services 2024 RadarView™, respectively.  These reports present a comprehensive study of data management and advanced analytics service providers and closely examine the market leaders, innovators, disruptors, and challengers.
We evaluated 44 service providers across three dimensions: practice maturity, partner ecosystem, and investments and innovation. Of the 44 service providers, we recognized that 20 brought the most value to the market during the past 12 months.
The report recognizes service providers in four categories:
“Generative AI is a game-changer, empowering employees with self-service analytics and knowledge retrieval,” said Anupam Govil, managing partner at Avasant. “This shift elevates the demand for enhanced data integrity and quality, compelling enterprises to refine their data strategies for more impactful and informed outcomes.”
The report provides several findings, including the following:
“Enterprises no longer see data management as just a back-office function,” said Chandrika Dutt, associate research director at Avasant. “Business leaders are now deeply involved in building a strong data foundation to drive innovation, enable personalization, and create competitive differentiation.”
The Data Management and Advanced Analytics Services 2024 RadarView‚Ñ¢ report features detailed RadarView‚Ñ¢ profiles of 20 service providers, along with their solutions, offerings, and experience in assisting enterprises in their data management and advanced analytics journeys.
This Research Byte is a brief overview of Avasant’s Data Management and Advanced Analytics Services 2024 Market Insights‚Ñ¢ and Data Management and Advanced Analytics Services 2024 RadarView‚Ñ¢ (click for pricing).
Avasant’s research and other publications are based on information from the best available sources and Avasant’s independent assessment and analysis at the time of publication. Avasant takes no responsibility and assumes no liability for any error/omission or the accuracy of information contained in its research publications. Avasant does not endorse any provider, product or service described in its RadarView™ publications or any other research publications that it makes available to its users, and does not advise users to select only those providers recognized in these publications. Avasant disclaims all warranties, expressed or implied, including any warranties of merchantability or fitness for a particular purpose. None of the graphics, descriptions, research, excerpts, samples or any other content provided in the report(s) or any of its research publications may be reprinted, reproduced, redistributed or used for any external commercial purpose without prior permission from Avasant, LLC. All rights are reserved by Avasant, LLC.
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