In this fast-moving technological era, every organization wants to ride the big data wave. Yes, big data is consistently winning different industries with pride. The surprising yet provable results that big data analytics has shown, made it an eye-catcher for a lot of enterprises to rely upon.
Specifically, in India, the analytics portfolio is growing at a rapid rate. As stated earlier, there are numerous businesses that are tasting fruitful benefits of big data analytics. This has shaped many opportunities for companies to stand out in the market. According to Gartner, Indian business intelligence and analytics software market will reach US$245 million in 2017, a 24.4 percent increase over 2016 revenue of US$206 million. It is estimated that there are more than 500 analytics companies operating in India and the number would increase as more developments take place in this space.
Here, we have compiled a list of top companies which have already proved their presence in the market.
Established in 2001, AbsolutData is a growing analytics firm with offices in the US, Bangalore, London, Singapore and Dubai. The company offers analytical solutions that include customer analytics, marketing analytics, data visualization, market research, big data, among others. AbsolutData serves a number of industries including Retail, CPG, Hospitality, Healthcare, Media/Entertainment etc. Over the last 15 years, the company has delivered thousands of projects and created US$8 billion in value for its clients.
CEO: Anil Kaul
2) Mu Sigma
Mu Sigma is one of the world’s preeminent analytics consulting firms in India. The company was founded in 2004 and is proudly providing services to its happy clients with big data analytics and related decision-making assistance.
Mu Sigma is accredited with an ISO 27001 certification. The company is headquartered in Bengaluru with global offices in the US, UK, UAE, Canada, Japan, and Australia. The company has proved its excellence in many business verticals including BFSI, Healthcare, Media, Telecom, Technology, and CPG & Retail.
Founder: Dhiraj Rajaram
3) Fractal Analytics
Founded in 2000, Fractal Analytics is headquartered in Mumbai. The company is an international service provider with its wings spread in the US, UAE, Singapore, UK, and Canada. The unmatched working capabilities of Fractal Analytics have made the company stand out in the crowd.
The company is serving fortune 500 companies in Insurance, Technology, Retail, Life Science, Telecommunication and Healthcare services.
Co-founder and CEO: Pranay Agrawal
4) Latent View
Latent View is a Chennai-based firm, established in 2006. The company has operations in New Jersey, San Jose, and Mumbai. Latent view has been serving its clients with a 360-degree view of their business insights, over a span of 10 years. The company helps its clients to combine digital and traditional data to gain a competitive advantage. Even in such a small span of time, Latent View has impressive client portfolio including Microsoft, IBM, and Cisco. The company believes in the “Business + Data + Math = Actionable Insights” equation to make customers satisfied.
CEO: Gopi Koteeswaran
Manthan is an advanced analytics firm located in India with global offices in Singapore, the US, UK and UAE. The company offers analytics solutions to more than 170 leading retailers and consumer group organizations across 22 countries. Manthan’s retail solutions span the entire analytics spectrum – Discovery, Descriptive, Predictive and Prescriptive analytics.
CEO: Atul Jalan
Convergytics is headquartered in Bengaluru and has presence in the US and UK. The company works with a mission, “to help organizations adapt to the constantly changing market landscape by going beyond traditional analytics to make actionable data-driven decisions and achieve decision-driven ROI.” Convergytics has offered analytical solution to different clients in Retail, CPG, Banking, Healthcare, Social Media, CRM, Supply Chain & Telecom domains.
CEO: Sanjeev Mishra
Founded in 2000, Evalueserve has it’s headquarter located in Switzerland with presence in Chile, China, Germany, India, Romania, UAE and the US.. The company offers business intelligence, analytics and data management services and works with clients across a wide range of business functions. Evalueserve is powered by mind+machine™ methodology– a unique combination of human expertise and best-in-class technologies.
Co-CEOs: Ashutosh Gupta, Ravi Mehrotra
8) Cartesian Consulting
Cartesian Consulting was founded in 2009 in Mumbai. The company has the vision to be the best balance of marketing and analytical philosophy. Cartesian has been progressing sturdily in recent years with its working culture. The company has proved its competence by providing customized yet sustainable solutions to its clients, surely making most of their respective businesses.
Managing Director: Sandeep Mittal
9) Crayon Data
Crayon Data is a well-established big data product company founded in 2011. It offers simpler choices engine to help consumers and businesses make better-informed and smarter decisions.
The flagship product of Crayon data is “Maya”. Maya is a big data grounded digital personalization product that helps clients with customization as per their choice and need.
Crayon has offices in the US, UK, Singapore, Chennai, and Dubai. The company has well-diversified client database in banking, hospitality and telecom sectors.
Founder: Suresh V Shankar
Founded in 2010, Gramener is a data visualisation and analytics company that makes data insights consumption simpler, faster, and coherent across organizations. The company has offices in Hyderabad, Bangalore, Coimbatore, Singapore, California & New Jersey. Gramener has 80+ global clients spread across Media, Pharma, Telecom, BFSI, Retail, Healthcare, Manufacturing, Education and Public Sector.
The big data and analytics market has established its own kingdom in the business age. Many startups and established companies are grounding on the reliable base of big data. The number of analytics solution providers in the market is growing rapidly, but listed above are some, which are standing a step ahead with their unique capabilities. The future of big data is undoubtedly big. However, there would be an intense competition among the above-listed companies to top the chart as we go ahead in 2017.