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Gramener, a leading data science and analytics storytelling company, has been named in Gartner Inc.’s “Market Guide for Data & Analytics Service Providers” published on 24th June 2019. (By Jorgen Heizenberg et al.,)
Few Key Findings From the Report
Most data and analytics external service providers (ESPs) have well-established capabilities and similar services and solutions. Differentiating between these providers is becoming more challenging, making the selection process more complicated.
ESPs with repeatable, robust and proven data and analytics platforms, solutions, accelerators and frameworks can help accelerate implementations with a more predictable and measurable “asset based” consulting approach. But these assets are not always architected to integrate, scale or operate with the larger enterprise tech stack.
Demand for data and analytics solutions to incorporate artificial intelligence (AI) and machine learning (ML) will continue to grow. However, the largest need is still for data and analytics core capabilities, while strategic services and industry expertise remain top evaluation criteria.
Gartner notes in the Market Guide, “The overall market outlook for data and analytics services will continue to be strong. New spending on disruptive technologies (for example, AI and ML) to be embedded into data and analytics will further support strong growth for overall data and analytics services. However, the speed of revenue growth has been slightly slowing as the market becomes more mature. It is estimated that the market, currently at $179 billion with a 17.3% growth rate in 2019, will be at $267 billion but with 12.9% growth in 2022.”
Gramener’s COO, Naveen Gattu says, “Enterprises have access to information, but the gap between data science and business impact is too wide. Gramener partners with enterprises to bridge this gap and enable decision making by extracting Insights and Communicating them as memorable stories. We are leveraging People, Process & Technology to accelerate and automate Insight generation & consumption with greater emphasis on Pharma, Media & Entertainment, Banking & Financial Services and Non-Profit sectors.”
Press Release by BWI