Businesses can no longer rely on traditional data analytics solutions and data experts to create dashboards for others to deconstruct and derive insights. They are now integrating AI into the scheme of things, harnessing its power to provide augmented, predictive and prescriptive insights. More importantly, it is being democratized to allow even non-technical professionals across business functions to take data-driven decisions to achieve their business goals and be more competitive. As the demand for these technologies continues to grow, a number of companies are making themselves known for their expertise and contributions in the fields of AI and data analytics.
PwC: PwC, one of the “Big Four” accounting firms, has rapidly evolved into a leader in AI and data analytics. The company leverages its extensive experience in the fields of auditing and consulting to assist organizations in implementing AI solutions that optimize operations, enhance customer experiences, and drive growth. Their services include AI strategy, consulting and implementation; integrating AI tools and platforms; data analytics services; advice around governance and the ethical use of AI. PwC has been recognized as one of the leaders in a Gartner report on Data & Analytics Service Providers (Worldwide) for its capabilities in this space—natural language processing, machine learning, deep learning, AutoML, digital twins, etc.—as well as its market coverage.
The company also runs a learning service called ‘PwC Academy’ where individuals can get trained on various topics including finance, tax, emerging technology (blockchain, AI/ML) and data analytics.
EY (Ernst & Young): EY also figures in the “Big Four” and has an equally strong focus on AI and data analytics. The company provides services that help businesses transform their operations through AI-driven insights. EY emphasizes creating a data-driven culture within organizations, enabling them to unlock the full potential of their data assets. Recently, the company launched a platform called EY.ai that uses a “Maturity Model” to evaluate the level of AI adoption in a business, uncover gaps in the transformation, and advises changes that will implement changes that leverage the right AI tools to boost creativity and efficiency.
EY also encourages innovation and provides internship opportunities to students through its Techathon event. This year, Techathon 4.0 is all about Generative AI in healthcare, BFSI, education, retail, media, and entertainment.
Accenture: This global consulting and professional services company provides a wide range of data analytics and AI services to businesses. The company specializes in developing strategies that allow businesses to embark on a data-driven journey to transformation. Its services also include a 360-degree approach to data discovery and predictive analytics, which includes important aspects like governance and compliance. Accenture also believes in the democratization of data and, to that extent, ensures that its tools are user-friendly and can be leveraged effectively by every employee.
Accenture also assists businesses in their move towards more AI-enabled processes, including the integration of Generative AI. The company also specializes in designing and deploying highly scalable AI solutions while ensuring that they are ethical and transparent.
Notably, Accenture claims to invest more than US $1 billion every year in learning and professional development programs and has delivered more than 40 million training hours per year.
ThoughtWorks: Unlike PwC, EY and Accenture, which started out as accounting firms, ThoughtWorks started out as a pure-play technology consultancy. Over the last 30 years, it has grown to provide several IT services, including product design, digital transformation, enterprise modernization, data analytics and AI. The latter encompasses data strategy, its governance, modernization, and data architecture models, coupled with AI and analytics. The company has a strong reputation for delivering cutting-edge AI solutions. Its services and solutions have benefited companies in the retail, FMCG, banking and pharma verticals. The company has also use cases of integrating Generative AI into product design and even developed a simulator for supply chain optimization.
As an employer, Thoughtworks has been mentioned in the 2023 Best Workplaces in Asia report by Great Place to Work.
Tata Consultancy Services (TCS): This Tata Group company is a global IT services and consulting company that has developed a robust set of AI and data analytics services. TCS offers a suite of data solutions that include platform-agnostic data management, exchange, and AI-enabled analytics for data-driven outcomes. The company also places emphasis on Explainable AI for transparent operations, data-fueled sustainability, and collaborative intelligence to create personalized customer experiences and drive digital transformation through its solutions.
TCS also has an R&D arm—TCS Research—that develops innovative solutions to solve real-world problems faced by organizations and society at large. The company has a large global footprint and is known to actively hire talent on a large scale. Recently, the company announced that it will train 25,000 employees on OpenAI for its homegrown Generative AI enterprise solution.
Course5 Intelligence: Course5 Intelligence is a pure-play data analytics and AI solutions company. It specializes in helping organizations make data-driven decisions to solve complex issues related to customers, markets, and supply chain. Course5’s IP-based platforms and solutions are focused on customer analytics, marketing analytics, digital analytics, Industry 5.0 and supply chain analytics, and enterprise-scale AI. Their services range from consumer and market insights and competitive intelligence to highly advanced augmented analytics.
Course5 is doing some impressive work in the field of Generative AI, integrating the technology into its existing platforms and solutions for advanced analytics consumption. The company has an R&D arm called AI Labs that drives cutting-edge AI research and innovation in generative AI, natural language, computer vision, machine learning, graph technology, reinforcement learning, data engineering and XOPS, and digital solutions.
Course5 has recently been named a Strong Performer in the Forrester Wave report on Market & Competitive Intelligence Platforms and recognized in Gartner’s Market Guide for Augmented Analytics three years in a row. As an employer, Course5 Intelligence has been certified as a Great Place to Work in 2022 and 2023.
SG Analytics: SG Analytics is a Pune-based data analytics and research company that provides customized solutions for companies in 20 industry verticals. Its core expertise also lies in in-depth market and investment research that helps businesses understand their customers and identify opportunities. Some of their solutions include big data infrastructure implementation, AI-power chatbots, sentiment analysis, Natural Language Processing (NLP) and AI/ML-based predictive analytics. SG Analytics leverages its data-driven approach to also provide AI-enabled ESG services that can be deployed to gain insights that allow businesses to better align with their sustainability goals. This company has been certified as a Great Place to Work two years in a row and has also been listed in Everest Group’s report on Analytics & AI Services Specialists.
KPI Partners Inc.: This IT consulting firm has expertise in multiple cloud-native platforms and technologies that allow them to provide a wide set of solutions in design, engineering and analytics for various industry verticals. Their AI and analytics practice boasts expertise in several solutions like Tableau, Qlik, Cognos, Python, Databricks, Azure DevOps, Kubernetes, and more. The company has also created KPIGPT, based on OpenAI, a Conversational AI integration for enterprises looking to modernize the way data is processed and presented to their stakeholders. KPI Partners is also into data integration, predictive analytics, and AI-powered reporting, empowering clients to optimize their operations and achieve their key performance indicators.
Evalueserve: This global IT services firm specializing in solutions that accelerate the decision-making process for businesses. Evalueserve has developed a suite of AI-enabled products that provide market insights, a risk management and automated financial data extraction tool, a cloud-based cognitive search engine, and more. The company also specializes in MLOps, predictive, prescriptive and cognitive analytics solutions that can be implemented for spend optimization, pharmaceutical forecasting, logistics health modeling, risk analysis and more. Recently, Evalueserve launched a proprietary platform—comprising a research bot, an analytics virtual assistant, a report generator and an intelligent document processor—that integrates Generative AI into its products and accelerators used by its clients.
Grid Dynamics: This full-range digital transformation company provides consulting, analytics and engineering services that help businesses—in ecommerce, retail, pharma, life sciences, manufacturing, media, finance, etc.—improve their operational efficiency and deliver a better customer experience. It has a robust portfolio that includes big data governance, data quality management, integration, IoT analytics for smart manufacturing and predictive maintenance, conversational AI, Generative AI for productivity and product design, anomaly detection, and more.
The top AI and data analytics companies listed above are playing a pivotal role in shaping the future of business operations, decision-making, and innovation. Their path-breaking research, innovative solutions and developments are helping companies—across multiple industry verticals—unlock the true potential of their data, gain AI-driven insights and achieve a much-needed boost in an increasingly competitive market.
Source: PR Agency
