Business intelligence (BI) and data analytics are the two buzzwords that have become interchangeable nowadays. However, they do not mean the same, despite the fact that the duo is used to make better data-driven decisions. In the past few years, there have been numerous leaps and strides in the analytics space, largely correlating to data sources, newer devices, and the rapid pace of innovation. While there is a lot of hype surrounding the ever-increasing utility of data, what matters is how organizations segregate the relevant information and obtain actionable insights. This is where the role of BI and analytics becomes even more imperative. Hence, both BI and analytics are becoming a vital driving force in organizational decision making.
Artificial intelligence (AI), predictive and prescriptive analytics tools, natural language processing (NLP), data quality management, and multi-cloud strategy are some of the BI and analytics trends that organizations are leveraging. These BI consulting services are instrumental in facilitating the execution of an organization’s BI initiatives at various stages empowering them to analyze data and obtain insights in real-time.
Today, enterprises need to understand their organization’s business objectives and challenges. Therefore, they look for BI consulting service partners to work closely with them and apply the right technical resources to create BI applications. The BI consulting service partners not only identify the information that is vital to business users but also offer optimization services that help in bridging the gaps between the required and existing phase of BI Implementation within an organization.
This edition of CIO Applications presents “Top 10 BI and Analytics Consulting/Services Companies - 2018” that will assist businesses in analyzing the industry trends and recognizing the services provided by the listed companies.