The world data analytics outsourcing market is expected to reach $US5.9 billion by 2020, registering a CAGR of 29.1 percent during 2015 to 2020.
“Over the years, there has been an exponential increase in the data generated by enterprises,” says Gunjan Malani, Research Analyst, Allied Market Research.
“This data is now being outsourced to data analytics service providers enabling the enterprises to make effective insights-driven business decisions, offer enhanced services to customers, and avoid risks and losses.
“Most of the enterprises do not have in-house analytics capabilities or skilled workforce, thereby accelerating the growth of data analytics outsourcing market.”
Allied Market Research findings suggest that organisations are increasingly turning towards data analytics outsourcing due to its “numerous benefits” such as strategic decision making, operational efficiency, reduced operational costs, and enhanced customer service among others.
Read More: http://www.reseller.co.nz/article/593765/enterprises-turn-outsourcings-data-analytics-market-booms/
“Over the years, there has been an exponential increase in the data generated by enterprises,” says Gunjan Malani, Research Analyst, Allied Market Research.
“This data is now being outsourced to data analytics service providers enabling the enterprises to make effective insights-driven business decisions, offer enhanced services to customers, and avoid risks and losses.
“Most of the enterprises do not have in-house analytics capabilities or skilled workforce, thereby accelerating the growth of data analytics outsourcing market.”
Allied Market Research findings suggest that organisations are increasingly turning towards data analytics outsourcing due to its “numerous benefits” such as strategic decision making, operational efficiency, reduced operational costs, and enhanced customer service among others.
Read More: http://www.reseller.co.nz/article/593765/enterprises-turn-outsourcings-data-analytics-market-booms/
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