New York, NY -- (SBWIRE) -- 12/17/2018 -- Data analysis is a technique for analyzing raw data using quantitative and qualitative techniques and procedures to draw conclusions from the data. For better business decisions, companies use data analysis. Data analysis has moved from descriptive to predictive, predictive modeling, providing statistical analysis, and optimizing and forecasting for future scenario planning and expectations. Data analysis outsourcing provides more flexibility for your enterprise. The company can also use updated tools and have expert opinion on the data. Outsourcing providers offer specialized and outstanding services. As a key business, the provider ensures that the service is in compliance with global standards. Outsourcing providers offer vertical and horizontal solutions packed in a variety of configurations. Data analysis encompasses a wide range of technologies, tool sets, industry specific expertise and services.

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Some of the leading manufacturers profiled in this report includes

Fractal Analytics Ltd.
Tata Consultancy Services Ltd.
ZS Associates, Inc.
WIPRO Ltd.
Genpact Ltd.
Accenture
Capgemini
International Business Machines Corporation
Mu Sigma, Inc.
Opera Solutions

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Data analytics outsourcing denotes outsourcing of data and statistical research, in addition to applying computational resources for effective decision-making and advanced business solutions to third party vendors. Data analytics tools enable organizations to make better decisions, increase efficiency, reduce operational costs, provide customized offerings and enhance customer services. Several companies prefer using data analytics to analyze large amount of data through various quantitative and qualitative techniques to gain market and customer insights. There has been a significant increase in the data generated by organizations, owing to greater adoption of mobile devices, social media, and growing development of multimedia content.

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Sales Analytics
Marketing Analytics
Risk & Financial Analytics
Supply Chain Analytics
Others

Aggrandized data generation by organizations across various sectors and decreasing cost of data storage solutions have fostered the growing need for taking successful business decisions based on market analysis and insights. Most of the organizations are increasingly recognizing the benefits and profitability of applying data analytics, however, lack of in-house skilled resources and expertise is driving them towards outsourcing data analytics. The data analytics outsourcing market is in its nascent stage and is expected to grow rapidly during the forecast period, owing to the growing awareness about advantages and increased productivity obtained from data analytics outsourcing. However, privacy concerns of confidential data and data security issues restrict the growth of the data analytics outsourcing market. However, increasing investment in social analytics and real-time analytics has provided ample growth opportunities to the market players.

MARKET BY VERTICAL
BFSI
Telecom
Retail
Healthcare
Media & Entertainment
Others
MARKET BY GEOGRAPHY

Table of Contents:
Global Data Analytics Outsourcing Market Research Report 2018-2025
Chapter 1: Data Analytics Outsourcing Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Data Analytics Outsourcing Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Data Analytics Outsourcing Market Effect Factors Analysis
Chapter 12: Global Data Analytics Outsourcing Market Forecast

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