META Group, Inc. announced the availability of its newest METAspectrum In Depth report, covering the enterprise analytic consulting services market. This market comprises consulting and systems integration companies that perform business intelligence, analytical application, and data warehouse services. Typical services involve designing and building analytic solutions to meet certain business requirements, and projects last anywhere from three months to two years.
"Although it is a crowded market from a supply-side perspective, demand for analytic projects to power business performance management, compliance, data integration, and other initiatives will keep the market growing," said Kurt Schlegel, program director with META Group's Technology Research Services and lead author of the report. "When choosing a vendor, IT organizations should focus on consulting firms' particular application of analytics or experience within a vertical industry or horizontal domain, such as HR, CRM, or supply chain management. The large systems integrators and global consultancies can blend analytic service offerings into a broader business process implementation. This is one of the key areas of project success: to clearly identify how a business process will be improved by infusing analytics into it."
Larger enterprises will increasingly adopt a business performance management operational philosophy, where business goals are set, plans/budgets are formulated to enable these goals, and actual data is assiduously compared to forecasts. This requires extensive leadership skills to ensure successful execution. IT organizations need the expertise and labor resources of enterprise analytic consulting services vendors.
Key Findings and Guidance
The “Enterprise Analytic Consulting Services” report evaluated the 12 largest analytic consulting vendors that provide a broad range of services. Although there are hundreds of firms in this market worldwide, most are small boutiques that lack a global presence.
- The evaluation identified two leaders. IBM's Business Consulting Services stood out as the leading vendor because of its extensive expertise in the analytics world, while Knightsbridge, although much smaller than many of the global consulting vendors evaluated, consistently proved itself with the most technical depth.
- The bulk of vendors fell into the challenger category. Accenture was viewed as having the strongest vertical expertise of all vendors. Deloitte was noted as having a particularly strong and customer-friendly project management methodology.
- Fujitsu was the only vendor ranked in the follower category, though it is quite strong and has very significant resources in Asia. However, it did not have the market presence in North America and Europe to be ranked as a challenger in a global METAspectrum.
- In many cases, a challenger or a follower could be the favored selection because of expertise in a particular vertical industry or technology domain.
To learn more about META Group's METAspectrum In Depth reports or the METAspectrum methodology, visit metagroup.com/metaspectrum or call (800) 945- META.
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