Categories: Wire Stories

WNS Releases Global Data & Analytics Survey

NEW YORK & LONDON & MUMBAI, India–(BUSINESS WIRE)–#AI–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today released a survey report titled Time to Accelerate your Data & Analytics Journey is Now on the maturity of data and analytics capabilities and future outlook across enterprises. The study, based on a WNS-commissioned survey conducted by Forrester Consulting, was designed to explore the role that data, analytics, and AI play in helping organizations achieve their strategic goals, and to highlight the challenges they face in becoming a data-driven enterprise. The survey polled 450 CXOs and senior decision-makers in the US, Europe, and APAC representing key industries including banking and financial services, consumer packaged goods, insurance, life sciences, manufacturing, retail, and new age digital/ hi-tech businesses.

The study reveals that while 63 percent of decision-makers recognize data and analytics as a key strategic enabler, only 37 percent are prioritizing investment in better data and analytics capabilities. This highlights the enormous potential to act further on business intent. Importantly, 68 percent are planning to ramp up internal capabilities, grow their talent pool, and adopt cloud solutions and data commercialization. The study underscores the need for organizations to build agility and scalability through cloud-based analytics. Today, 31 percent of the respondents are in the process of moving towards a cloud-first approach, with the development of cloud-based analytics capabilities being a key priority in their strategy.

To drive higher data and analytics maturity, firms are prioritizing investment in data fabric / virtualization tools, data lake and data stream processing. Organizations with higher maturity levels are taking greater strides towards developing 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,” said Keshav R. Murugesh, Group CEO, WNS. �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.”

Significant opportunities lie ahead for data and analytics-driven businesses to flourish. This is due to the increasing diversity and sophistication of data and analytics processes that rely on emerging AI and ML technologies. Data and analytics are key to staying ahead of the competition, and third-party service providers are key enablers in this journey.

For more information, download the full report: Click Here

About WNS

WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 375 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of December 31, 2021, WNS had 49,610 professionals across 55 delivery centers worldwide including facilities in China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Spain, Sri Lanka, Turkey, the United Kingdom, and the United States. For more information, visit www.wns.com or follow us on Facebook, Twitter, LinkedIn, and Instagram.

Safe Harbor Provision

This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Contacts

Investors:

David Mackey

EVP–Finance & Head of Investor Relations

WNS (Holdings) Limited

+1 (646) 908-2615

david.mackey@wns.com

Media:

Archana Raghuram

Global Head – Marketing & Communications and Corporate Business Development

WNS (Holdings) Limited

+91 (22) 4095 2397

archana.raghuram@wns.co; pr@wns.com

Alex

Recent Posts

Unlocking Opportunities and Driving Progress: Zimbabwe-Zambia Energy Projects Summit

The Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will take place from November 18-20, 2024, in Victoria…

4 hours ago

Wrapped Litecoin ($WLTC) Unlocks DeFi for Litecoin ($LTC) Holders

SINGAPORE - Media OutReach Newswire - 12 November 2024 - Leading digital asset exchange, Coinut,…

4 hours ago

Fostering Indigenous Language-Friendly Environments! United for the Preservation of Austronesian Languages in Kaohsiung City, Taiwan

TAIPEI, TAIWAN - Media OutReach Newswire – 12 November 2024 - The 2024 Austronesian Languages…

7 hours ago

U.S. Election Shakes the Ringgit: Octa Broker’s Analysis

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 12 November 2024 - The recent U.S.…

7 hours ago

VinFast secures funding from Vingroup and Pham Nhat Vuong to build financial reserves and accelerate growth

HANOI, VIETNAM - Media OutReach Newswire - 12 November 2024 - On 12 November 2024,…

9 hours ago

The Happi Loft Hosts Christmas Charity Celebration to Spread Holiday Cheer to Underprivileged Children

Partnering with Local Shelters, The Happi Loft Brings Festive Cheer with Personalised Gifts, Holiday Crafts,…

9 hours ago