WNS Releases Global Data & Analytics Survey
February 17 2022 - 8:00AM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220217005415/en/
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
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