Data Analytics Outsourcing to grow at 31.68 pc CAGR

DUBLIN, IRELAND: The analysts forecast the global data analytics outsourcing market to grow at a CAGR of 31.68 per cent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid expansion of data.

The global data analytics outsourcing market has also been witnessing the emergence of social analytics. However, the lack of awareness about data analytics could pose a challenge to the growth of this market.

The key vendors dominating this space include Fractal analytics Ltd., Tata Consultancy Services Ltd., WIPRO Ltd., and ZS Associates Inc.

The other vendors mentioned in the report are American Express, Capgemini S.A., Citigroup Inc., Cognizant, Credit Rating Information Service of India Ltd., Eclerx Services Ltd., Evalueserve Ltd., EXL Services Holding Inc., Fractal Analytics Ltd., Genpact Ltd., Mu Sigma Inc., Opera Solutions, Infosys Ltd., TCS Ltd., UBS AG, and WNS Holdings Ltd.