Today, businesses across the world have access to similar resources, including materials, components, products, and even people, and advancements in technology add to the scenario. Competition is causing business processes to converge towards similar standards. This makes the quality of business decision-making the firms’ primary means to out-perform their competitors. Companies need to re-engineer decision-making to become more analytics-driven.
Data and analytics capabilities are leaping forward. The volume of business data is growing, sophisticated algorithms are developing, and computational power is steadily improving. The convergence of these trends is fueling analytics advances and business disruptions. Intelligent analyses yield in developing a deeper understanding of the implications, making a critical decision, and imbibing it into a product or business model. Analytics can also help companies identify potential opportunities to streamline business operations and maximize profits. The effects of analytics will become more pronounced as its adoption reaches maturity. A bigger wave of change is looming on the horizon to give firms unprecedented capabilities to think and solve problems. Enterprises harnessing these capabilities can create value and differentiate themselves from their peers.
Competing on analytics and developing enterprise analytics capability is no cakewalk. To help companies navigate through the list of analytics solution providers, CIO Applications has come up with this edition on analytics. Our distinguished panel has shortlisted some of the best analytics solutions providers.
We present to you CIO Application’s “Top 10 Analytics solution Providers - 2019.”