New Delhi, India (PressExposure) March 17, 2009 -- Over the last 5-6 years, India has matured as the preferred outsourcing destination for IT and ITeS services. The success in outsourcing business process operations to India has encouraged many firms to start outsourcing their high-end knowledge processing work such as data analytics as well. Data analytics helps solve complex business problems by analyzing data and generating useful business insights. Analytics outsourcing has helped several global firms leverage the power of data to generate useful insights and make strategic business decisions. Cost savings, operational efficiencies, access to a highly talented workforce and improved quality are all underlying expectations in outsourcing analytics processes to India. Analytics outsourcing in India has been rapidly growing owing to these factors. Some of the key factors that drive analytics outsourcing decisions for businesses across the world are:
Focus on Core business
Companies which outsource their non-core but critical data analytics processes enjoy the luxury to get high quality work done externally without having to spend time and resources on hiring analytics experts and training. They can then focus entirely on their KRAs and plug-in the analytics insight provided by the external outsourced analytics vendor wherever and whenever applicable. Analytics outsourcing, like other forms of knowledge process outsourcing helps companies get their analytics needs met without having to take on the responsibility of another new process.
Let specialists take care of high-end analytics work!
Business Analytics, unlike other processes, is highly specialized in nature and requires distinctive data analytics skills and analytical mindset to be successful. It is best to let tasks of such nature to be driven by specialists who have exposure to specialized training and can work cohesively as an extended arm of an organizations in-house strategic planning team. India has developed a significant pool of data analytics specialists and many global corporations have set up their knowledge process outsourcing captive units in India where Indian professionals also cater to their data analytics needs. The success of knowledge process outsourcing in India was the main driver of outsourcing analytics processes as well and companies who have invested in India based analytics talent are now reaping the benefits of analytics outsourcing to skilled, talented and highly trained professionals.
Leverage Cost arbitrage advantage
Availability of highly skilled data analytics talent in India at a lower cost is a definite plus for any organization. Analytics outsourcing to India can help a company generate savings of at least 30% and get high quality results as well. Further, analytics outsourcing eliminates the need for companies to invest in data analytics technologies and infrastructure. Knowledge process outsourcing to India has helped several companies cut costs and improve bottom lines. Analytics outsourcing in India is seeing a similar trend and is bound to grow at a rapid pace in near future.
Why should you choose Analyze-IT to address your analytics needs?
Pioneer in Analytics Outsourcing
Analyze-IT has helped several large clients meet their data analytics needs in areas of Marketing, Risk and CRM analytics using its state of the art sophisticated tools like Analyze-this, analyze-pure, analyze-ETL, analyze-OLAP. Analyze-IT is a pioneer in analytics outsourcing and has been engaged by clients across industries financial services, insurance, telecom, retail, and CPG. The company is one of the leading analytics outsourcing providers in India and more than 70% of its business is repeat business that speaks of the clients' trust in the company's abilities.
Scale and Cost Advantage
We leverage our unique global delivery model to provide up to 50% cost reduction while delivering best-in-class data analytics services. We offer to reduce your upfront financial risk by working with clients on low outlay pilots and can then scale up our engagement model in either a project or retainer mode to suit your requirements. Analyze-IT assists its clients in leveraging the benefits of analytics outsourcing by passing on the savings generated due to India based enterprise directly to the clients and this reflects in a reasonable cost for the client in a retainer based relationship.