The end game of conducting analytics is to gain business insight, understand performance and plan wisely for the future. To survive in today’s globally competitive environment, companies need to continuously use analytics to explore and investigate historical data. Analytics may be considered a discretionary activity within organizations. However, there is an inherent need for conducting analytics and it provides a multi-fold advantage—across functions and across industries. The need and applicability of analytics have moved beyond Banking, Financial Services and Insurance, and have been established for all business areas. Even within an organization, managers across all levels and functions are reaching out for data to help them make important decisions. This report lays out the current usage and need for offshore analytics services by core industries, the opportunities and challenges, and the service provider expertise available to provide these services.

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