WNS Releases Global Data & Analytics Survey

WNS | February 21, 2022

Data & Analytics
WNS Limited, a leading provider of BPM (Business Process Management) solutions, unveiled a survey report with the title Time to Accelerate your Data & Analytics Journey is Now, which explores the maturity of data and analytics abilities as well as the future outlook across industries. The report, which was based on a WNS-commissioned survey performed by Forrester Consulting, was designed to look at the role of data, analytics, & Artificial Intelligence in assisting businesses in achieving their strategic goals, as well as the difficulties they face in becoming a data-driven company. The study included 450 CXOs and senior decision-makers from important industries such as banking and financial services, insurance, life sciences, consumer packaged goods, manufacturing, retail, and new-age digital/ hi-tech industries from the United States, Europe, and the Asia Pacific.

While 63% of decision-makers perceive data and analytics as a crucial strategic enabler, just 37% prioritize investment in enhanced data and analytics capabilities, according to the report. This emphasizes the immense possibility of acting on corporate goals in the future. Importantly, 68% intend to expand internal capabilities, hire more people, and use cloud and data commercialization solutions. The report emphasizes the importance of cloud-based analytics in helping businesses achieve agility and scalability. Today, 31% of respondents are in the midst of transitioning to a cloud-first strategy, with cloud-based analytics capabilities being a top priority in their plan.

Businesses are prioritizing investment in data fabric/virtualization technologies, Data Lake, and data stream processing to promote increased data and analytics maturity. Higher-maturity organizations are putting more effort into building cloud-based analytics capabilities.

 "According to the survey, 82 percent of organizations with an advanced maturity level have experienced positive year-on-year growth over the past three years. Clearly, data and analytics maturity, including robust AI and cloud-based solutions, is a key enabler of business performance and organizational resilience in the new normal. At WNS Triange (formerly WNS' Research and Analytics Unit), we are partnering with global businesses in their data-to-insights journey by leveraging the power of domain, AI / ML and intelligent cloud platforms to co-create future-ready solutions."

Keshav R. Murugesh, Group CEO, WNS

Data and analytics-driven firms have a lot of room to grow in the future. This is due to the growing complexity and diversity of data and analytics operations that rely on AI and ML technology. Staying ahead of the competitors needs data and analytics, and third-party service providers are crucial enablers on this road.


Discover a smart industrial software solution made for you – our data management platform, HanPrism.

Our data historian transforms data into actionable intelligence by collecting, visualizing, and analyzing equipment data.


Discover a smart industrial software solution made for you – our data management platform, HanPrism.

Our data historian transforms data into actionable intelligence by collecting, visualizing, and analyzing equipment data.

Related News


Pyramid Analytics expands AI-driven Decision Intelligence with new OpenAI integration

Pyramid Analytics | March 21, 2023

Pyramid Analytics (Pyramid), a leading business analytics and decision intelligence provider, announced today at the Gartner Data & Analytics Summit in Orlando, Florida, that the Pyramid 2023 release extends its already category-leading, AI-driven augmented capabilities with the integration of GPT (generative pre-trained transformer) AI technology from OpenAI—the company behind ChatGPT and DALL-E 2—throughout the platform, interoperating with its deep set of current AI technologies. The release harnesses the new GPT AI engines to drive complex logic, data science, and machine learning code generation; AI-driven storytelling capabilities; and even AI-assisted design templates and colors. The effort extends Pyramid’s broader vision to enable and drive adoption across the enterprise by empowering all users to solve data-centric business problems through no-code and AI-assisted analytics and decision intelligence. Key facts about Pyramid’s OpenAI integration OpenAI is integrated throughout the Decision Intelligence Platform—including the data preparation, data science, the business analytics and spreadsheet modules, and the storyboard and publication designer modules. In data preparation: OpenAI can be used to generate SQL, DAX, and MDX code automatically for complex data extraction queries. In data science: OpenAI can be used to generate Python and R code automatically to drive machine learning logic. In spreadsheets: OpenAI can be used to build spreadsheet formulas for users constructing business models. In storyboarding and publications: OpenAI can be used to generate designs for content and graphics. Separately, OpenAI can be used with existing natural language querying (NLQ) engines to drive and enhance broader insights on enterprise-specific data, ultimately improving the existing tools for delivering automated storytelling and textual analysis. Market recognition Pyramid has long been recognized as an innovator in the decision intelligence and analytics space. The company’s Decision Intelligence Platform was ranked #1—by leading analyst firm Gartner—for “Augmented Analytics” in the 2022 Gartner Analytics and Business Intelligence (ABI) Critical Capabilities report. Other leading analysts—such as 451 Research, Ventana Research, Dresner Advisory Services, and BARC—recognize Pyramid for its platform-based approach to no-code capabilities and AI/augmented analytics to enable all user types to drive sophisticated analytics easily. Critically, Pyramid’s existing augmented capabilities (NLQ, Chatbot, Smart Insights, Smart Model, Auto Discovery, Fill in the Blanks, Explain, etc.) uniquely operate directly on enterprise data without data duplication, custom models, proprietary data layers, or specialized data treatments. Quotes Avi Perez, CTO and Co-Founder, Pyramid Analytics: “By integrating OpenAI throughout the Pyramid Decision Intelligence Platform, we are extending our existing AI and augmented capabilities with the latest generative AI tech, transforming—and simplifying—the decision-making experience further. As a no-code/low-code platform, Pyramid is designed to extend advanced analytics—from descriptive to predictive to prescriptive—for non-technical businesspeople, allowing them to make informed decisions that drive business outcomes.” Omri Kohl, CEO and Co-Founder, Pyramid Analytics: “At Pyramid, we believe the key to widespread adoption of data analytics requires an analytics experience that meets different people’s needs, regardless of their technical skills or analytics aptitude. By strategically integrating generative AI technologies like OpenAI, we are taking our AI vision to the next level.” About Pyramid Analytics Pyramid Analytics is the next generation of decision intelligence. The award-winning Pyramid Decision Intelligence Platform empowers people with augmented, automated, and collaborative insights that simplify and guide the use of data in decision-making. Critically, the Pyramid Platform operates directly on any data, enabling governed self-service for any person; and meeting analytical needs in a no-code environment without data extraction, ingestion, and duplication. It combines data prep, business analytics, and data science into one frictionless platform to empower anyone with intelligent decision-making. This enables a strategic, enterprise-wide approach to business intelligence and analytics, from the simple to the sophisticated. Schedule a demo today. Pyramid Analytics is incorporated in Amsterdam and has regional headquarters in global innovation and business centers, including London, New York City, and Tel Aviv. Our team lives worldwide because geography should not hinder talent and opportunity. Investors include H.I.G. Growth Partners, Jerusalem Venture Partners (JVP), Sequoia Capital, and Viola Growth.

Read More


Tredence expands Microsoft Azure Marketplace Co-Sell solutions to 21, with new Data Migration and Modernization Solutions

Prnewswire | April 04, 2023

Tredence Inc, a leading data analytics and AI solutions provider, today announced the availability of its Azure certified Data Migration and Modernization solution in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Tredence clients can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management. Tredence has a proven track record of leading large-scale data migration and modernization initiatives for global companies across a wide range of industries, including retail, consumer goods, telecom, travel and hospitality, and industrials. The company helps clients migrate their legacy analytics and big data to a modern cloud-native architecture. Tredence's well-honed Migration solutions help clients migrate and modernize their data ecosystem and create new analytics capabilities. Tredence offers end-to-end advisory, discovery, design, implementation, and support capabilities to modernize enterprise data and analytics platforms through migration from legacy technology to cloud-based capabilities. The solution helps clients quickly design a future-state cloud architecture, build a roadmap to achieve it, and execute a proof of concept to validate migration solution and technology choices. The Data Migrate to Modernize solution joins other Tredence Data & AI solutions available in the Azure Marketplace: MLWorks, Sancus Data Quality Management, Revenue Growth Management, HealthEM.AI Trade Promotions Management, Predictive Maintenance, Supply Risk Management and Digital Sustainability Management. Tredence's 21 solutions in the Microsoft Azure Marketplace are designed to help businesses unlock the full potential of their data by providing AI-driven insights that enable data-driven decision-making. Microsoft enterprises can now access Tredence's solutions on Azure Marketplace, allowing them to seamlessly integrate AI and data analytics into their operations. "Tredence enables enterprises to modernize and transform their data into a strategic asset, unlocking greater value from enterprise data, enabling higher ROI and faster value realization up to the last mile, while also lowering the cost of implementation. Our Azure Data Migration solution provides the first seamless step towards that goal," said Hari Natarajan, Chief Alliance Officer of Tredence. "Our collaboration with Microsoft through a mutually beneficial co-selling relationship enhances our footprint in the Azure Data Migration domain, accelerating time to market and value for enterprises seeking to upgrade their data estate for competitive business advantage." "Through Microsoft Azure Marketplace, clients around the world can easily find, buy, and deploy partner solutions they can trust, all certified and optimized to run on Azure," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "We're happy to welcome Tredence's migration solution to the growing Azure Marketplace ecosystem." The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use. About Tredence Tredence is a global data science and AI solutions provider focused on solving the last mile problem in AI. The 'last mile' is the gap between insight creation and value realization. Tredence is a Great Place to Work-Certified and Winner of Microsoft 2022 Partner of the Year in Analytics. Tredence is 2,000-plus employees strong with offices in San Jose, Foster City, Chicago, London, Toronto and Bangalore, with the largest companies in retail, CPG, hi-tech, telecom, healthcare, travel, and industrials as clients.

Read More


Arcesium Launches Aquata™, An Advanced Data Platform Purpose-Built For The Investments Industry

Prnewswire | April 06, 2023

Arcesium, a leading global financial technology firm, announced today the launch of Aquata™, a powerful out-of-the-box data platform. Aquata is engineered to empower various client types, including institutional asset managers, private markets investors, custodians, fund administrators, prime brokers, and hedge funds, to effortlessly access and manage their investment data. With Aquata's thousands of pre-built data models and connectors, combined with its capacity to handle hundreds of millions of daily records, firms can swiftly integrate and validate data, perform advanced analytics and reporting, and accelerate their time to market. Aquata offers sophisticated features designed to enable users to ingest data in multiple formats, such as structured, semi-structured, and unstructured, then aggregate and normalize their data, and store that information in a data lake or warehouse. With its comprehensive quality checks, ingestion and mapping, cataloging, and lineage capabilities, firms can leverage their data effectively to make well-informed investment decisions. Arcesium's flexible consumption-based pricing model allows clients to initiate small, targeted projects or expand data integration and analysis per their requirements. The unique model enables prompt use of the data platform, with payment only for used services, delivering cost control and scalability benefits. Many of Arcesium's strategic clients are already using Aquata at launch to accelerate data integration and analytics across the investment lifecycle. "With self-service and low-code features and data visualization capabilities, Aquata is a game-changer that helps investment managers make data-driven decisions with greater speed and accuracy," said Gaurav Suri, Chief Executive Officer at Arcesium. "We're excited to bring this platform to market and continue to help our clients achieve better outcomes." "Data is a core pillar of our industry's transformational architecture," said Gavin Little-Gill, Head of Investments & Securities at Aite-Novarica Group. "Technology innovations, like Arcesium's Aquata, are paving the way for firms to better manage data and spearheading practices to modernize how organizations collaborate and share data across applications and business functions." "This is a significant step forward in the evolution of data management technology. We engineered Aquata to allow firms to put their data into production and seamlessly integrate it with their own ecosystem or with Arcesium's operational platform," said Bryan Dougherty, Arcesium's Head of Product and Technology. "The result is clean and organized data flowing exactly where our clients need it." The platform's distinctive name speaks to its strengths, with "Aqua-" alluding to fluidity and openness. The "quata" suffix evokes references to both quantifying and data –elements fundamental to the industry's success. Combining these components creates Aquata: a powerful data platform built to acquire insights for successful decision-making. About Arcesium LLC Arcesium is a global financial technology company delivering pre- and post-investment and enterprise data management solutions to some of the world's most sophisticated financial institutions, including hedge funds, banks, institutional asset managers, and private equity firms. Expertly designed to achieve a synchronized golden source of data throughout a client's ecosystem, Arcesium's cloud-native technology is built to systematize the most complex workflows and help clients achieve scale. Today, Arcesium services over $675 billion in global client AUM with a staff of over 1,800 software engineering, accounting, operations, and treasury professionals. Arcesium was built from a platform developed and tested by investment and technology development firm, the D. E. Shaw group, and launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, another large client, later made a strategic investment in the company, helping Arcesium further its mission: to power the entire investment lifecycle.

Read More