Analytics Services Quadrant Report December 2023

This research report provides a comprehensive comparison of provider strengths, challenges, and competitive differentiators in the analytics services market, specifically focusing on Europe. It outlines the significant traction and demand for analytics-led transformation programs among European enterprises, driven by the need for data and AI-driven decision intelligence. The report identifies various challenges faced by enterprises, including geopolitical tensions, economic uncertainties, rising operational costs, and the necessity for compliance with environmental regulations. It emphasizes the importance of rationalizing analytics investments and adopting enterprise-wide analytics to enhance operational performance and governance. The report also discusses the high costs associated with technology infrastructure and the complexities of data compliance and regulations. Furthermore, it highlights the skill and talent gap in advanced technologies, which poses a barrier to fully leveraging analytics capabilities. The report concludes by detailing the solutions sought by Chief Data Officers to align analytics initiatives with business objectives and unlock the potential of existing data assets.