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Companies are gradually realizing the importance of data analytics (predictive, prescriptive, descriptive data analysis) in decision making at all levels (operational, tactical and strategic).

Whether to maximize revenue or identify consumer choices, more and more enterprises are using data to support their market strategies. However, most organizations are not yet prepared to deal with this new reality. A good data analytics team requires professionals with specific skills in areas such as cloud computing, data lakes, data engineering, statistics and artificial intelligence/machine learning.

Currently, these professionals are scarce in the market, which creates difficulties for managers who have to deal with the lack of manpower and high turnover of their teams. With Hence, you have access to a team of experts capable of guaranteeing agile and impactful solutions through the use of these technologies.

While some applications of data analytics are universal, others may be specific to a particular industry such as healthcare and finance. Finding an outsourcing partner with in-depth knowledge of your business can be a huge competitive advantage.

In addition to the ability to acquire data analytics skills, outsourcing services can help your company to quickly build infrastructure and data analysis processes that would, otherwise, not be easy, or even possible, to achieve in-house.

Leveraging the provider’s technology expertise, whether implementing a data lake, bringing data analytics process automation, or cloud-based tools to improve operational efficiency, can be a huge advantage and can help introduce more innovative solutions that the company may not be currently considering.

With an experienced and specialist company in charge of data custody, outsourcing is an opportunity to leverage digital transformation and promote data-based decision making, in addition to enabling the construction of alternative business models.