An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Germany Slowly Joins Europe in Adopting Data Analytics
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Information Services Group (NASDAQ: III) released two reports indicating German enterprises are slowly adopting digital transformation post-pandemic, despite previous setbacks. Key barriers include labor shortages and infrastructure issues. Startups are gaining traction, and support programs like the Research Promotion Act are aiding analytics projects. International analytics providers are advised to tailor their offerings to local needs. Overall, democratizing data analytics could enhance competitiveness across various sectors in Germany.
Positive
Growing recognition of advanced analytics value among German enterprises.
Startups are generating momentum with innovative solution approaches.
Support programs like the Research Promotion Act may help fund analytics projects.
Negative
Labor shortages and infrastructure issues hinder digital transformation.
COVID-19 led many enterprises to postpone transformation projects.
ISG Provider Lens™ report sees more German companies seeking digital transformation after pandemic, labor shortages, infrastructure issues stalled broad adoption
FRANKFURT, Germany--(BUSINESS WIRE)--
Germany lags behind most of Europe in digital transformation and the use of advanced analytics services but is gradually gaining momentum, according to two new research reports published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2021 ISG Provider Lens™ Analytics Services and Analytics – Platforms and Solutions reports for Germany find that although emerging data analytics capabilities can make companies more efficient and innovative, several factors have slowed their adoption by German enterprises. These barriers include a shortage of skilled labor, a backlog of investment priorities and problems with infrastructure—for instance, an inability to constantly track vehicles for logistics analysis.
“Enterprises in a growing number of industries are recognizing the value of putting advanced analytics in the hands of employees at every level,” said Andrea Spiegelhoff, partner, ISG EMEA, in Germany. “While this has happened more slowly in Germany, some new trends are accelerating the use of analytics in this market.”
For example, startups are generating momentum with attractive individual solution approaches, which may overtake the use of comprehensive portfolios from established full-service providers, the reports say. In addition, innovation support programs such as the Research Promotion Act can partially fund analytics projects.
Meanwhile, analytics service providers are addressing skilled labor shortages through highly staffed nearshore and offshore operations, according to the reports. Indian providers hold a sizable market share in Germany, and other global suppliers have grown significantly. These international players should now adapt to the specific needs of German customers by hiring adequate local staff, increasing their use of German as a negotiating language and learning to better understand local companies’ needs, ISG says.
While the COVID-19 crisis caused some enterprises in Germany and other markets to postpone digital transformation projects, in some cases, data analytics solutions have helped organizations manage the impact of the pandemic, the reports say. For example, providers have delivered services that helped clients analyze and take countermeasures against risks such as supply chain disruptions.
As in other countries, enterprises in Germany stand to improve both business results and competitiveness by democratizing access to data analytics, according to ISG. Those involved in a project should be able to perform data analysis tasks appropriate to their role, such as analyzing scenarios and enterprise-wide metrics, using low-code or no-code development environments. Some providers already offer these environments, allowing end users to collect and present data through drag-and-drop, point-and-click, natural-language query and other tools.
Globally, enterprises in a growing number of industries are seeking advanced analytics tools to improve revenue and the bottom line, ISG says. While the use of analytics was once concentrated in banks, insurance companies, financial service providers and large enterprises with specialized needs, companies in health care, retail, consumer packaged goods, manufacturing and other fields have also begun to adopt data analytics more broadly.
The 2021 ISG Provider Lens™ Analytics Services report for Germany evaluates the capabilities of 37 providers across three quadrants: Data Lifecycle Management Services, Data Science Services and Data Engineering Services.
The report names Accenture, Alexander Thamm, Atos, Capgemini, DXC Technology and IBM as Leaders in all three quadrants. It names *um (Orange Business Services), Cognizant, Deloitte, Infosys, PwC and STATWORX as Leaders in two quadrants each. GFT, Infomotion, NTT DATA and Tech Mahindra are named as Leaders in one quadrant each.
In addition, Blue Yonder, Data Insights and Wipro are named as Rising Stars—companies with a “promising portfolio” and “high future potential” by ISG’s definition—in one quadrant each.
The 2021 ISG Provider Lens™ Analytics - Platforms and Solutions report for Germany evaluates the capabilities of 32 providers across two quadrants: Data Preparation & Integration Platforms and Self-Service & BI Solutions.
The report names SAP, SAS and TIBCO as Leaders in both quadrants. It names Alteryx, datapine, eoda, Hitachi Vantara, IBM, Informatica, Microsoft, Qlik, Tableau, Talend and Teradata as Leaders in one quadrant each.
In addition, Altair and Denodo are named as Rising Stars in one quadrant each.
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
What does the ISG report say about Germany's digital transformation status?
The ISG report indicates that Germany is gradually adopting digital transformation but lags behind most of Europe due to barriers like labor shortages and infrastructure issues.
Which companies are identified as Leaders in the ISG Analytics Services report?
Leaders include Accenture, Alexander Thamm, Atos, Capgemini, DXC Technology, and IBM across three service quadrants.
How has COVID-19 impacted digital transformation projects in Germany?
The pandemic caused many German enterprises to postpone their digital transformation projects, although data analytics solutions have helped manage pandemic-related risks.
What are the key barriers to digital transformation in Germany according to the ISG report?
Key barriers include a shortage of skilled labor, backlogged investment priorities, and infrastructure issues.
What role do startups play in Germany's analytics market?
Startups are gaining momentum with innovative solution approaches, potentially surpassing the comprehensive portfolios of established providers.