ISG, a leading research and advisory firm, is set to release a series of reports focusing on Advanced Analytics and AI Services in January 2025. These reports will evaluate providers of data science and AI services across three key areas: data science and AI services, data modernization services, and advanced business intelligence (BI) and reporting modernization services.
The demand for analytics and AI services is on the rise, driven by technological advancements like generative AI. ISG emphasizes the importance of strong data foundations, highlighting the need for quality, integrity, and comprehensive data for accurate outputs.
Namratha Dharshan, Chief Business Leader at ISG Research, notes that the analytics services market is a crucial component of modern business strategy. Enterprises are increasingly seeking clean, secure data, compelling data storytelling, and visuals to gain actionable insights.
ISG highlights the shift towards augmented analytics, which promotes data democratization within enterprises, fostering a data-driven culture, and driving innovation and agility. The surge in data volumes from cloud and IoT adoption is driving the need to modernize data infrastructures to meet regulatory and compliance requirements.
Providers in the industry are innovating to develop frameworks, accelerators, and customizable AI solutions to streamline insights generation. Techniques like AutoML, MLOps, and TinyML are making AI more integrated and efficient within business workflows.
The upcoming ISG Provider Lens reports will serve as a valuable resource for enterprise buyers looking to assess their vendor relationships, explore new engagements, and leverage available offerings. ISG advisors will also utilize the reports to recommend providers to the firm’s buy-side clients, ensuring informed decision-making in the rapidly evolving landscape of analytics and AI services.
