As Information Technology continues to impact individuals and corporations, the demand is almost certain to increase for technical staff.
A report by Pauline O’ Loughlin of Ernst and Young showed that 70% of technology firms believe there is a current skills shortage.
And a recent survey by over 300 senior executives by Tech4Biz found that 42% of businesses are actively recruiting or planning to recruit Data Scientists, Analysts and other specialists to help get the best out of their Big Data.
However, International Data Corporation (IDC’s) has published a new MarketScape report profiling and positioning the leading vendors in the worldwide business analytics IT consulting and systems integration (C&SI) services market.
This analysis revealed that the rapid demand of solutions and the advent of new technologies have created a huge demand for various skill sets associated with business analytics services. The report utilizes a rigorous scoring methodology that produces a definitive assessment of each vendor’s current market capabilities and strategies for competing in the future.
IDC MarketScape: Worldwide Business Analytics Consulting and Systems Integration Services 2015 Vendor Assessment (IDC #255276), evaluates the following seven vendors – Accenture, Capgemini, Cognizant, HP, IBM, TATA Consultancy Services (TCS), and Wipro.
The IDC MarketScape methodology named Accenture and IBM as Leaders.
“Rapid demand of solutions and the advent of new technologies have created a huge demand for various skills sets associated with business analytics services. The surplus in demand is putting tremendous pressure on consulting and implementation services providers to attain, train, and retain top talent for their business analytics practices,” said Ali Zaidi, senior analyst, IT Consulting and Systems Integration Business Strategies at IDC.
Mukesh Dialani, IDC research director, Worldwide BPO and engineering services, also said, “Vendors that have created talent management strategies to successfully handle the skill shortage issues as well as provide services across the spectrum of consulting, project-based and long-term outsourcing services will be in the driving seat to handle client demands in the future.”
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of IT, telecommunications, or industry-specific suppliers in a given market.
The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market.
IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT, telecommunications, or industry-specific vendors can be meaningfully compared.
The framework also provides technology buyers with a transparent foundation to allow companies to independently compare the strengths and weaknesses of current and prospective vendors.