Upcoming ISG Provider Lens reports will evaluate providers meeting the growing demand for data analytics to improve decision-making and achieve business goals
Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining platforms and services that help enterprises derive business value from exponentially growing volumes of available data.
The study results will be published in a comprehensive ISG Provider Lens report, called Analytics Platforms 2022, scheduled to be released in December. The report will cover software vendors and solution providers offering data analytics and governance platforms for generating deep business insights. At the same time, ISG Provider Lens will publish the Analytics Services 2022 report, covering providers of data science, data analytics and data monetization services.
“Some enterprises are more mature than others in their data practices, but most of them have a data-centric culture.”
Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.
In recent years, organizations have recognized the potential of data to drive business value and growth. Both large enterprises and small and medium-sized businesses have shifted their focus from basic business data and statistical modelling to enhanced analytics and decision intelligence. They are using data to identify new revenue streams, improve customer experiences and optimize processes for operational excellence.
“In the digital economy, data is an essential asset,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Some enterprises are more mature than others in their data practices, but most of them have a data-centric culture.”
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For the Analytics Platforms 2022 study, ISG has distributed surveys to approximately 125 analytics platform providers. Working in collaboration with ISG’s global advisors, the research team will produce two quadrants representing the analytics platform products the typical enterprise is buying, based on ISG’s experience working with its clients. The two quadrants are:
- Embedded Analytics and Business Analytics Platforms, evaluating providers of commercially available, off-the-shelf platforms for enterprise data reporting and visualization that can move data in multiple formats across departments and make it available for rapid analysis.
- Data Governance Platforms, assessing providers of readily available platforms for gathering, preparing, transforming and integrating data across organizations and their partners and customers. These platforms include features for maintaining data integrity and managing regulatory requirements, business continuity and data recovery.
A list of identified providers and vendors and further details on the study are available in this digital brochure. Companies not listed as analytics platform providers can contact ISG and ask to be included in the study.
For the Analytics Services 2022 study, ISG has distributed surveys to approximately 125 analytics services providers. The quadrants are:
- Data Science Services, covering providers of advisory and system integration services that integrate scientific methods and business context, including expertise in a client’s industry, to resolve critical business challenges.
- Data Engineering Services, evaluating providers of a comprehensive set of services for collecting and aggregating data from multiple sources, processing it and making it available in a structured manner.
- Data Monetization Services, assessing providers of consulting, system integration and managed services that help clients use data to achieve measurable monetary returns.
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A list of identified providers and vendors and further details on the study are available in this digital brochure. Companies not listed as analytics services providers can contact ISG and ask to be included in the study.
Each report will cover analytics platform and services providers, respectively, on a global basis and in these specific geographic markets: the U.S., Brazil, Germany and the U.K. ISG analysts Maharshi Pandya and Vartika Rai (Global), Gowtham Kumar Sampath (U.S. and U.K.), Holm Landrock (Germany), and Marcio Tabach (Brazil) will serve as authors of the reports.
All 2022 ISG Provider Lens™ evaluations now feature new and expanded customer experience (CX) data that measures actual enterprise experience with specific provider services and solutions, based on ISG’s continuous CX research. Enterprise customers wishing to share their experience about a specific provider or vendor are encouraged to register here to receive a personalized survey URL. Participants will receive a copy of this report in return for their feedback.