The BPO business analytics market report, an analyst said: "Businesses need a robust platform with the growing adoption of both big data and cloud computing technologies that deliver value at enterprise-scale levels. SaaS has led to the increased adoption of business analytics solutions. It has advantages over business analytics software and allows establishing synergy between the cloud and business analytics.
Complete BPO business analytics market report is available at http://www.rnrmarketresearch.com/global-bpo-business-analytics-market-2016-2020-market-report.html .
According to the report, globally, decision makers are under tremendous pressure to optimize their business operations, acquire new customers, and increase their market share, thereby driving long-term profitability. Business analytics is used for strategic decision making, enabling organizations to understand their customers, optimize operational cost, and improve business efficiency and competitiveness.
The business analytics BPO services is one of the fastest-growing markets in the BPO industry. Organizations leverage analytics to make better decisions based on their understandings about their business environment, customer needs, automating processes, and predicting future trends. Thus, there is a high demand for providers that can process both unstructured and structured data and derive better insights for quality decision making.
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Business analytics BPO services help organizations leverage data assets and improve their key profit and loss drivers such as reduced cost, increased revenue, optimized supply chain, improved return on investment (ROI), managed risk, and ensured regulatory compliance.
The report covers the present scenario and the growth prospects of the global BPO business analytics market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.
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Key players in the Global BPO Business Analytics Market: Accenture, Capgemini, Genpact, IBM and TCS. Other Prominent Vendors in the market are: Absolutdata, Aegis, CGI, Chainalytics, Cognizant, Dell, Dunnhumby, EXL Service, Fractal Analytics, HP, Infosys, Minacs, Mu Sigma, Neeyamo, Opera Solutions, Tech Mahindra, Wipro, and WNS Global.
Further, the report states that privacy concerns and data security are major challenges in any organization as business data are critical.
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