ISG Provider Lens™ Focal Points - Advanced Analytics and AI Services - U.S. 2024

How to Get the Most Value From Advanced Analytics and AI Services – U.S.

The recent announcement that Databricks, an enterprise AI firm, reached a valuation of $62 billion after its latest venture capital round underscores the appetite and high expectations businesses have for the benefits of advanced analytics. Assistant Director and Principal Analyst Gowtham Sampath, who wrote the ISG Provider Lens Advanced Analytics and AI Services – U.S. report, said U.S. businesses are ahead of other regions in the world when it comes to the democratization of data. “As more people in an enterprise have access to the company data, transparency increases and workers can make data-informed decisions to better serve customers.”