Gramener named in Gartner's Market Guide for data and analytics service providers

Image
ANI
Last Updated : Aug 06 2019 | 6:00 PM IST

Gramener, a leading data science and analytics storytelling company, has been named in Gartner Inc's 'Market Guide for Data and 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 per cent growth rate in 2019, will be at $267 billion but with 12.9 per cent growth in 2022", read Gartner's notes in the Market Guide.

"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 and Technology to accelerate and automate Insight generation and consumption with greater emphasis on Pharma, Media and Entertainment, Banking and Financial services and Non-Profit sectors", said Naveen Gattu, Gramener's COO.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact.

Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2019 | 5:37 PM IST

Next Story