The data analytics industry is booming. In 2024, the global market for data analytics was worth $271.83 billion, projected to grow to $745.15 billion by 2030. This growth is driven by the increasing amount of data generated, the need for businesses to make better decisions with data, and the rise of new technologies such as artificial intelligence and machine learning. As the data analytics industry grows, so does the demand for data analysts. Data analysts collect, clean, analyse, and interpret data. They use their skills to help businesses make better decisions, improve efficiency, and identify new opportunities in Data Analytics companies.
This blog post will look at the top 10 data analyst companies in 2024. I will discuss their revenue generation figures, services, and track records of success. I will also provide some tips for aspiring data analysts looking for a career in this growing field. If you are willing to look for a career in data analytics, you should definitely refer to this video to get a kick start on your career.
Top 10 Data Analytics Companies
Following are the 10 data analytics companies in 2024:
- Accenture Analytics
- ScienceSoft
- Absolute Data
- Tableau
- Vention
- Oxagile
- Oracle
- SG Analytics
- MU Sigma
- Innowise Group
1) Accenture Analytics
Accenture Analytics is a division of Accenture, a global professional services company. It was founded in 1999, and it is headquartered in Dublin, Ireland. Accenture Analytics provides a wide range of data analytics services, including consulting, technology, and implementation.
Some of the key figures for Accenture Analytics include:
- Revenue: $50.5 billion (2022)
- Employees: 505,000+
- Services: Data analytics, consulting, technology
- Clients: 9,000+
- Industry focus: Financial services, healthcare, retail, manufacturing, and telecommunications
Accenture Analytics is a leader in the data analytics industry. It is known for its deep expertise, its innovative solutions, and its commitment to helping its clients succeed.
2) ScienceSoft
ScienceSoft was founded in 1993 in Odessa, Ukraine, as a product IT company engaged in AI software development with 31 employees on board. Over the years, the company has grown into a global provider of software development, consulting, and testing services.
- Revenue: $100+ million in annual revenue (2022)
- Employees: 750+ IT professionals
- Services:
- Clients: 3,600+ success stories
- Industry focus: Financial services, healthcare, retail, telecommunications, and manufacturing
ScienceSoft is well-positioned for future growth. The company has a strong track record of success, a talented team of IT professionals, and a global presence. In addition, the global market for software development services is expected to grow significantly in the coming years, which presents new opportunities for ScienceSoft.
3) Absolute Data
Absolute Data is a data analytics and consulting firm that was founded in 2006. The company is headquartered in New York City, and it has offices in London, Mumbai, and Bangalore.
- Revenue: $50 million annual revenue (2022)
- Employees: 300+
- Services: Data collection and cleaning, data analysis and interpretation, data modeling and visualization, business intelligence and reporting, data-driven decision making
- Clients: 100-1000
- Industry focus: Retail and Ecommerce, CPG and Consumer Goods, technology, financial services, healthcare
Absolute Data also has a strong focus on emerging technologies, such as artificial intelligence, machine learning, and big data. The company is using these technologies to help businesses solve their most complex problems and achieve their business goals.
4) Tableau
Tableau was founded in 2003 as a result of a computer science project at Stanford that aimed to improve the flow of analysis and make data more accessible to people through visualization.
- Revenue: $2.1 billion annual revenue (2022)
- Employees: 4,200
- Services: Business intelligence,Data visualization,Dashboarding,Analytics, and collaboration
- Clients: 75,000 customers
- Industry focus: Business Analytics and intuitive visual representation of data
Tableau is a powerful and versatile tool that can be used to address a wide range of business intelligence and data visualization needs. It is a popular choice among organizations of all sizes, and its features and capabilities continue to evolve with the latest trends in data analytics.
5) Vention
Vention is a data analytics and consulting firm that was founded in 2002. The company is headquartered in New York City, and it has offices in London, Mumbai, and Bangalore.
- Revenue: $100 million (2022)
- Employees: 700+
- Services: Data analytics, consulting, software development
- Clients: 1,000+ clients
- Industry Focus: Data collection and cleaning, data analysis and interpretation, data modeling and visualization, business intelligence and reporting, data-driven decision making
Vention is a rapidly growing company that is making a significant impact on the industrial automation industry. The company’s platform is helping manufacturers design, automate, and deploy machines more quickly and easily. As a result, Vention is seeing strong growth in both revenue and customer adoption.
6) Oxagile
Oxagile is a software development company that was founded in 2005. They are headquartered in New York City, but they have offices in several other countries, including Ukraine, Belarus, and Poland. Oxagile specializes in custom software development, with a focus on multi-platform video streaming, AdTech, EdTech, and big data solutions.
- Revenue:$141 million(2022)
- Employees: 398 employees
- Services:Customer Service Relations, Software Engineering,Quality Assurance, Product Development, R&D, Scalability of Delivery
- Clients: 1000+ over 30+ countries
- Industry Focus: Media and entertainment, Financial services, Healthcare, Retail, Technology
Oxagile is an ISO 27001-certified company, which means that they have met the highest information security standards. This makes them a reliable software development partner dedicated to building long-term relationships with clients and proactively solving critical business challenges.
7) Oracle
Oracle was founded on June 16, 1977, in Santa Clara, California, by Larry Ellison, Bob Miner, and Ed Oates. The company was originally called Software Development Laboratories (SDL), but it was renamed Oracle in 1983.Oracle’s first product was a relational database management system (RDBMS) called Oracle Database. The database was released in 1979, and it quickly became one of the most popular RDBMSs in the world.
- Revenue: $43.9 billion (2022)
- Employees: 140,000+
- Services: Database management, enterprise software, cloud computing
- Clients: 430,000 customers(approx)
- Industry Focus: Financial Services, Healthcare, Manufacturing, Retail,Technology, Communications, Government
Oracle is one of the largest technology companies in the world. The company’s market capitalization is over $200 billion, and it is ranked #11 on the Fortune 500 list. Oracle is a leader in the software and cloud computing industries, and it is well-positioned for continued growth in the years to come.
8) SG Analytics
SG Analytics was founded in 2006 by Sushant Gupta and Amit Kapoor in Gurugram, India. The company was founded with the mission to help businesses make better decisions with data.SG Analytics has grown rapidly since its founding. SG Analytics has also been recognized as a leading data analytics company by a number of organizations, including Analytics India Magazine, The Economic Times, and The Hindu BusinessLine.
- Revenue: $50 million (2022)
- Employees: 800+
- Services: Data collection and cleaning, data analysis and interpretation, data modeling and visualization, business intelligence and reporting, data-driven decision making
- Clients: 1000+ over 50 countries
- Industry Focus:Financial services, Healthcare, Technology, Retail, Manufacturing, Energy
SG Analytics’ clients include a wide range of organizations, including Fortune 500 companies, financial institutions, governments, and nonprofits. The company has a proven track record of providing its clients with valuable insights that help them to achieve their goals.
9) MU Sigma
Mu Sigma is a data analytics firm headquartered in Chicago, Illinois.The company was founded in 2004 by Dhiraj Rajaram, a former strategy consultant at Booz Allen Hamilton and PricewaterhouseCoopers. The name “Mu Sigma” is derived from the statistical terms “Mu (μ)” and “Sigma (σ)” which symbolize the mean and the standard deviation, respectively, of a probability distribution.
- Revenue: $100 million (2022)
- Employees: 2,500+
- Services: Data analytics, consulting, risk management
- Clients: 140 Fortune 500 clients
- Industry Focus:Financial services, Healthcare, Technology, Retail, Manufacturing, Energy
Mu Sigma has been recognized by several organizations for its innovation and growth. In 2011, the company was named one of the “Top 50 Fastest Growing Private Companies in America” by Inc. magazine. In 2013, Mu Sigma was ranked #1 on the “Best Places to Work in India” list by the Great Place to Work Institute. Today, Mu Sigma is a leading provider of data analytics and decision science services. The company is well-positioned to continue to grow in the years to come as the demand for these services continues to grow.
10) Innowise
Innowise is an international full-cycle software development company founded in 2007. They have offices across Europe, the United States, and India. Innowise has a strong focus on using cutting-edge technologies to deliver innovative solutions to their clients. They have a proven track record of success in a variety of industries, including healthcare, financial services, retail, and telecommunications.
- Revenue: $120 million (2022)
- Employees:1,000 employees
- Clients: 1400+
- Services: Software development, IT consulting, Digital transformation, Automation
- Industry Focus:Healthcare, Financial services, Retail, Telecommunications, Manufacturing, Energy, and Transportation
Innowise has a strong focus on using cutting-edge technologies to deliver innovative solutions to their clients. They have a proven track record of success in a variety of industries, including healthcare, financial services, retail, and telecommunications. Innowise is a rapidly growing company that is well-positioned to continue to succeed in the years to come. They are a trusted partner for businesses of all sizes that are looking to achieve their digital transformation goals.
These companies are all leaders in the data analytics industry, and they offer a variety of opportunities for data analysts to develop their skills and advance their careers. If you are interested in a career in data analytics, then these companies are a great place to start your search. For more information or interesting blogs, you can visit our Edureka website. And I also suggest you take this Data Analyst Master Course to boost your skills and get a dream job in your own field of expertise.