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Business intelligence (BI), or “descriptive analytics”, is an umbrella term encompassing the processes and instruments utilized to analyze business data and transform valuable information into measurable insights, fostering better-informed business decisions. BI or decision support system (DSS) scrutinizes the existing and recorded data, demonstrates findings in reports, and uses graphs, charts, maps, or other visuals to make the information more accessible and easily digestible. Therefore, business intelligence provides insights into a company’s current and past performance, addressing questions such as ‘What happened?’ and ‘How can business performance be further enhanced?
A massive amount of business data flows daily from enterprise resource planning (ERP) software, e-commerce platforms, supply chains, and various other sources, with most companies gathering and strategically using this information. The business intelligence software market is expected to generate $27.87 billion in revenue in 2024. With an anticipated compound annual growth rate (CAGR) of 5.52% from 2024 to 2029, the market is projected to reach $36.46 billion by 2029. This proliferation showcases the importance of BI services for companies globally, as it becomes increasingly essential for businesses to leverage data to meet their business goals strategically.
Companies have large amounts of unstructured data in multiple formats, which cannot practically be used for analysis. Software companies produce business intelligence solutions to maximize the value extracted from formless data. These enterprises take measures to integrate and streamline a company’s data and analytics processes. In a 2023 survey, most businesses indicated that investing in data and analytics was a top priority. However, with the rise of challenges associated with an increased volume of data, only 37 percent reported success in their efforts to enhance data quality, underscoring a persistent challenge for organizations across various industries.
As the demand for top-tier business intelligence services continues to grow, it’s more important than ever to pinpoint the industry leaders who deliver impactful solutions for data-driven decision-making.
Founding year: 2016
Website: www.devsdata.com
Headquarters: Brooklyn, NYC and Warsaw, Poland
With its deep expertise in data science, big data, software development, machine learning and AI, DevsData LLC stands out as a top choice for high-quality business intelligence services, highly specialized in these key technological areas. The company proficiently delivers high-performance services in data engineering, data processing, and data lake architecture design. Their in-depth experience in optimizing, implementing, and maintaining data systems lays the foundation for producing quality business intelligence solutions. Furthermore, their DevOps consulting services are specialized in optimizing high-availability and data-intensive cloud solutions.
The profound background of DevsData LLC’s engineers and project managers, who have excellent academic backgrounds as graduates of top European and American universities, allows the company to produce solutions within the scope of business intelligence practices, ensuring data-driven outcomes. With Google-level software development professionals who have an outstanding understanding of data science and analytics, the company has delivered data solutions of exemplary quality for global enterprises and fast-growing startups worldwide, including companies from the US and Israel.
In practical terms, DevsData LLC’s expertise in big data can be showcased through case studies, particularly the project on artificial intelligence in pharma. The challenge was that consumers frequently reported adverse drug reactions (ADRs) on social media rather than through traditional channels, reducing the efficiency of drug safety surveillance systems. To address this problem, the DevsData LLC team crafted a solution that enhanced drug safety surveillance by integrating social media insights. It quickly scanned data from sources like Twitter, Facebook, and forums, used advanced Natural Language Processing to filter out irrelevant content, and extracted valuable details. It generated automated reports with summaries and insights for further drug development. As a result, the system allowed for more efficient identification of novel adverse drug reactions, as well as improved drug safety by finding potential ADRs faster. It further reduces the cost of drug safety surveillance systems.
The company embraces an agile approach to its data management services, providing excellent business intelligence services to more than 80 clients globally for over 8 years. DevsData LLC’s commitment to quality business intelligence services can be illustrated through public testimonials and an absolute 100% client satisfaction rate on Clutch and GoodFirms.
DevsData LLC features a dynamic, international team of specialists from around the globe, including exceptional specialists from the US. The company operates using a flexible, versatile cooperation model that continually adapts to clients’ needs. By leveraging lower overheads, the company offers competitive pricing and ensures businesses receive high-quality service without budgetary constraints.
Do you have business intelligence needs?
For further information or inquiries, contact DevsData LLC at [email protected] or visit their website at www.devsdata.com.
Company size: ~65 employees
Founding year: 2017
Website: https://mitrix.io/
Headquarters: Warsaw, Poland
As an established software development and IT consulting firm, Matrix Technology offers business intelligence solutions with profound data analysis procedures. Their services further revolve around web and software development, mobile app creation, DevOps, cloud solutions, and IT staff augmentation. The company specializes in a broad range of technology stacks, including React, Angular, Node.js, .NET, Python, and more. They ensure innovative cloud technologies, machine learning, AI, and blockchain solutions.
Their team of over 65 senior software engineers are experienced professionals with over 10 years of experience. In addition, the company offers a multifunctional team of startup development with interdisciplinary specialists integral to helping startups craft and scale their products quickly and effectively. The company is skilled in niche technologies alongside traditional IT services, such as Salesforce, Power Platforms, and Elm. Matrix Technology has noteworthy expertise and understanding of its client’s needs, delivering robust business intelligence services worldwide.
Company size: ~80 employees
Founding year: 2015
Website: https://dataforest.ai/
Headquarters: Kyiv, Ukraine
Dataforest integrates AI and data engineering solutions to deliver data-driven business practices for enterprises. Their dedicated team specializes in business intelligence (BI) insights and dynamic dashboards, machine learning, Natural Language Processing (NLP), and mastering tools for AI-powered web applications, advanced data analytics, and predictive modeling. Dataforest is proficient in scalable data gathering from multiple sources and seamlessly integrating and managing complex datasets.
Their team collaboratively works with the clients to effectively integrate innovative strategies into the existing systems, simultaneously incorporating AI capabilities to enhance efficiency, foster innovation, and achieve sustainable growth. Dataforest specializes in data engineering and web product development. They create customized data-driven solutions that help their clients boost revenue and reduce costs. With offices in Ukraine, Portugal, and Estonia, the company delivers quality solutions by leveraging its BI knowledge and expertise, establishing itself as a reliable partner for the European market.
Company size: ~270 employees
Founding year: 2004
Website: https://deviniti.com/
Headquarters: Wroclaw, Poland
Headquartered in Wroclaw, Poland, Deviniti has provided enterprises with exceptional assistance within the scope of their business intelligence services, digital transformation solutions, mobile app and web development, and custom software development. The company has produced valuable solutions for clients, including Carefleet, Allegro Group, Aireon, and more, for nearly two decades. Their core services encompass Intelligent mobile apps development, custom HR development, Atlassian professional services, Atlassian apps development, IT service management consulting and implementation. Deviniti’s industry expertise and profound experience establish itself as a reliable partner for enterprises to delegate their business intelligence services.
They utilize AI technologies to yield innovative and intelligent mobile application solutions. Deviniti implements and supports business intelligence solutions designed to match their clients’ business needs. The company has completed multiple successful projects across various industries, including finance apps, HR mobile apps, fleet management, advanced engineering systems, and apps for field workers and remote teams.
Do you have business intelligence needs?
The four companies mentioned above provide exceptional business intelligence solutions backed by deep expertise in the field. Additionally, here are some other potential service providers worth considering.
Company size: ~310 employees
Founding year: 2005
Website: https://www.edvantis.com/
Headquarters: Berlin, Germany
With exceptionally qualified professionals operating in Central and Eastern Europe and the USA, Edvantis is a multinational software engineering company. The company offers quality business intelligence services, delivering a broad suite of solutions associated with BI, data and analytics, data science, software engineering, solution architecture, software development, quality assurance, business analysis, IT operations, cloud, DevOps, and artificial intelligence, to name a few. Their focus industries encompass high-tech, HealthTech, real estate, e-commerce, public sector, supply chain, logistics, education, media, and construction.
Edvantis has a strong customer focus, meaning adequate feedback management, fast staffing, a high retention rate, and continuous team upskilling lay the cornerstone of the company’s working procedures. Their efficient delivery of services, such as on-time work execution and agile-driven planning, make them trustworthy in managing business intelligence services.
Company size: ~50 employees
Founding year: 2000
Website: https://techwize.com/
Headquarters: New York, United States
Founded in 2000, TechWize is an IT consulting company that provides various services, including IT consultancy, ERP and CRM consulting, integration, implementation and automation, AI/ML consultation and implementation, and bespoke IT and technology solutions. The company has implemented over 500 tech projects, ensuring client satisfaction globally. TechWize is a proficient BI solution provider that combines data from several sources and uses analytics methods to extract insights from the input data records automatically. Moreover, their BI software solutions deliver comprehensively structured data sets, assisting businesses in streamlining operational and business processes.
TechWize adopts a flexible working approach to suit the business intelligence needs of its clients. The company’s team is devoted to ensuring transparent and reliable services to facilitate project delivery promptly. Operating in the US, UK, and India, TechWize enjoys an international presence with a strategic focus on providing enterprises with agile data solutions.
Company size: ~50 employees
Founding year: 2007
Website: https://pixelplex.io/
Headquarters: New York, United States
Another notable business intelligence service provider is PixelPlex, a trusted technology partner for building custom software solutions with two decades of experience. They design and engineer advanced digital products and infrastructures, specifically in blockchain and AI. PixelPlex has assisted in implementing tech projects for small and medium businesses, startups, and enterprises from various countries. Their core expertise lies in data analytics, business intelligence solutions, AI, Machine learning services, digital transformation, blockchain consulting and development, DeFi and Web3 products, security, compliance, and fraud prevention.
Do you have business intelligence needs?
Headquartered in the US, the company has development hubs in the UK, Switzerland, Poland, and UAE, establishing itself as a reliable technology partner with a worldwide presence. They demonstrate exceptional commitment to taking on business challenges, regardless of their scale and complexity. PixelPlex has a team of highly experienced bright minds willing to provide companies with efficient and high-quality business intelligence solutions.
Company size: ~330 employees
Founding year: 2006
Website: https://www.agileinfoways.com/
Headquarters: Florida, United States
With Agile Infoways, data-based solutions for businesses are upgraded. Their industry background allows them to revolutionize business growth around the globe with quality business intelligence services. The company has been a prominent actor in custom software, mobile, and web app development since 2006. Agile Infoways strives to deliver a suitable solution to all clients, managing software development projects through a comprehensive analysis process to find the best technology stack. The dedicated team of Agile Infoways proficiently manages each stage of project implementation, embracing a thorough and practical approach.
Their technical experience allows them to produce the most beneficial solutions for product engineering, web and mobile app development, DevOps services, QA, IoT, and more. Agile Infoways has significant experience partnering with clients from a broad suite of domains, including healthcare, hospitality, supply chain, EdTech, eCommerce, travel, and social media for customized business solutions. The company offers cost-effective and risk-free services due to its deep knowledge and understanding of the field.
As a highly essential tool in leveraging data analysis and reporting tools, business intelligence is integral in producing evidence-based decisions for companies to accelerate growth. With the ability to craft data-driven solutions, forecast potential outcomes, optimize operations, and drive business growth, business intelligence delivers a competitive advantage for organizations. The article offered insights into the companies that provide exceptional business intelligence solutions, with DevsData LLC emerging as a top choice.
Specialized in data science, big data, software development, machine learning, AI, DevsData LLC distinguishes itself as a prime choice for high-quality business intelligence services. The company solidifies its expertise, professionalism, and comprehensive experience in business intelligence through premium service delivery in data engineering, data processing, and data lake architecture design. DevsData LLC masterfully engages in optimizing, implementing, and maintaining data solutions tailored to meet the unique business goals of their clients.
Furthermore, with Google-level software engineers, DevsData LLC’s team possesses an in-depth understanding of data science and analytics, and the company offers quality business intelligence solutions for multinational enterprises and fast-growing startups, including those from the US and Israel.
In addition, the highly skilled and globally diverse professionals at DevsData LLC, including specialists from the US, have profound field experience working for FAANG-level companies. Thanks to their extensive knowledge and skills in the field, they hold the necessary toolkits and capacities to effectively use analytical techniques such as machine learning and provide the most remarkable outcomes for enterprises. The delightful client satisfaction on Clutch, GoodFirms, and public testimonials illustrate their efforts to ensure that services exceed customer expectations.
To elevate your business intelligence experience, contact DevsData LLC at [email protected] or visit their website at www.devsdata.com.
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“I interviewed about a dozen different firms. DevsData LLC is truly exceptional – their backend developers are some of the best I’ve ever worked with. I’ve worked with a lot of very well-qualified developers, locally in San Francisco, and remotely, so that is not a compliment I offer lightly. I appreciate their depth of knowledge and their ability to get things done quickly. “
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