Princeton, N.J. and Chennai, India – June 27, 2019 – LatentView Analytics, a trusted analytics partner to the world’s most recognized brands, has been listed as a Representative Vendor in the “Market Guide for Data and Analytics Service Providers” published by Gartner Inc. in June 2019.
LatentView Analytics is a leading global data and analytics service provider, delivering solutions that help companies turn data into actionable insights to gain competitive advantage.
“I believe our inclusion in the Gartner Marketing Guide for Data and Analytics Service Providers reaffirms our vision to drive business impact for clients by helping them build their analytics strategy and roadmap, execute the right set of initiatives and embed analytics capabilities into domain specific products and solutions,” said Rajan Sethuraman, CEO, LatentView Analytics.
According to Gartner, “The overall market outlook for data and analytics services will continue to be strong. New spending on disruptive technologies (for example, AI and ML) to be embedded into data and analytics will further support strong growth for overall data and analytics services. However, the speed of revenue growth has been slightly slowing as the market becomes more mature.” The report says, “It is estimated that the market, currently at $179 billion with a 17.3% growth rate in 2019, will be at $267 billion but with 12.9% growth in 2022.”
“Gartner defines the data and analytics services market as composed of consulting, implementation and managed services for decision, analytics and data management capabilities. These are executed on technology platforms that support an organization’s fact-based decision making for digital transformation. Services may include commercial off-the-shelf (COTS) solutions and proprietary assets, focusing on business use cases and outcomes, as well as information infrastructure and governance.”
About LatentView Analytics
LatentView Analytics is one of the fastest growing data analytics firms globally, delivering solutions that help companies drive digital transformation and use data to gain a competitive advantage. With analytics solutions that provide 360-degree view of the digital consumer, fuel machine learning capabilities and support artificial intelligence initiatives, LatentView Analytics enables leading global brands to predict new revenue streams, anticipate product trends and popularity, improve customer retention rates, optimize investment decisions and turn unstructured data into a valuable business asset. LatentView Analytics is a trusted partner to enterprises worldwide, including more than two dozen Fortune 500 companies in the retail, consumer goods, oil & gas, financial and technology sectors. LatentView Analytics has more than 600 employees in offices in Princeton, N.J., San Jose, Calif., London, Singapore and Chennai, India. For more information, please visit https://www.latentview.com/ or follow us on LinkedIn.