PwC has been named as a Leader in the IDC MarketScape: Worldwide Cloud Business Analytics Services 2020 Vendor Assessment (June 2020, IDC #US45353120). This evaluation is based on a comprehensive framework and a set of parameters expected to be most conducive to success in providing cloud business analytics services in both the short term and the long term.
According to the report, “Driving revenue growth and strengthening customer relationships were the top 2 business priorities of buyers adopting cloud business analytics services, followed by reducing costs, improving innovation, and investing in 3rd Platform technologies to prepare for tomorrow's business needs. Vendors should align cloud business analytics services portfolios to address these business priorities as buyers' top measure of success of a cloud business analytics services engagement is achievement of their desired business outcomes.”
The IDC MarketScape report notes, “PwC's data and analytics practice provides a range of cloud-first business analytics services through the firm's analytics transformation framework covering six capability dimensions: business decisions and analytics, data and information, technology and infrastructure, organization and governance, process and integration, and culture and talent.”
It goes on to say, “PwC's Integrated Solution offerings combine business strategy, industry expertise, and embedded cloud, data, analytics, and AI capabilities to rapidly address critical client issues. PwC applies its Business, eXperience, and Technology (BXT) approach to create and deliver business analytics solutions for clients, leveraging homegrown IPs such as the cloud-based Insights Platform, as well as technologies from partners, such as Microsoft, Google, and AWS, open source platforms, start-ups, and academia.”
Commenting on PwC’s strengths, the report states that “Buyers rate PwC highly for its ability to deliver reliable, accurate, and trustworthy business analytics solutions; apply proven methodologies and tools; and manage staff turnover during a project's lifetime. IDC considers PwC's strategies around skills and increasing revenue per employee as key strengths.”
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT 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. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
“We are proud to be recognised as a leader in this IDC MarketScape report. Our aim is to help our clients realise the potential of their data as an asset and leverage the cloud as a major enabler. We help them to analyse their current state, develop strong data foundations, monetise and commercialize their data and harness the power of the information that they hold to realize business benefits and commercialise data opportunities.”
PwC Global Analyst Relations, PwC United States
Tel: +1 (917) 471 3355