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AI-powered Analytics for Growth
Introduction
In today’s digital era, data analytics has become an essential component of business strategies. Companies around the world are leveraging AI-powered analytics solutions to gain valuable insights and drive growth. Apar Technologies, a Singapore-based technology services and solutions provider, has recently announced its strategic investment in BigTapp Analytics, a data analytics services provider powered by artificial intelligence (AI). This investment marks a significant milestone for Apar Technologies as it aims to expand its data analytics offerings and double its customer base within the next three years. By joining forces with BigTapp Analytics, Apar Technologies plans to fuel digitization in various sectors and support Singapore’s Smart Nation vision.
The Importance of Data Analytics in Business Strategies
In the increasingly competitive business landscape, data analytics plays a crucial role in decision-making. Companies rely on data insights to seek out new opportunities and mitigate risks. With the rise of AI, personalized consumer experiences have become a significant focus for businesses. As a result, the global data analytics market is expected to grow at a compound annual growth rate of around 30 percent. This positive outlook underscores the significance of AI-powered analytics in driving business growth.
Apar Technologies’ Investment in BigTapp Analytics
Apar Technologies’ investment in BigTapp Analytics demonstrates its recognition of the potential of AI-driven data and analytics solutions. The scalability and impact potential of BigTapp Analytics have been evident to Apar Technologies, leading to this strategic partnership. By leveraging BigTapp Analytics’ expertise in data analytics, data engineering, and data science, Apar Technologies aims to achieve its growth objectives. This collaboration will enable organizations to become more agile in their strategies and operations by embracing generative AI.
The Vision for the Partnership
Rohit Gandhi, Group Chief Executive Officer of Apar Technologies, expresses excitement about the possibilities this partnership opens for both organizations. Leveraging Apar Technologies’ strong global presence, BigTapp Analytics will be able to deliver its deep technology expertise to customers worldwide. This collaboration will help unlock valuable insights from data, foster innovation, and provide a competitive advantage to customers. Furthermore, Sai Sudhakar, Co-Founder and Chief Executive Officer of Apar Technologies, highlights the potential to build upon complementary portfolios and offer a comprehensive suite of services and solutions. This will enhance the competitive edge of both organizations in the industry.
The Impact on Industries
Venkata Narayanan, Founder and Chief Executive Officer of BigTapp Analytics, emphasizes the strong market traction of the firm’s generative AI-powered solutions across various industries. With Apar Technologies’ investment, BigTapp Analytics can further develop AI and generative AI capabilities to meet the unique needs of customers in industries such as finance, manufacturing, and FMCG. This partnership will accelerate innovation, drive growth, and deliver enhanced value to customers and employees alike.
BigTapp Analytics and Apar Technologies
BigTapp Analytics, as a data engineering and analytics service provider, empowers businesses to transform data into actionable insights. The company’s expertise enables better decision-making and improved business outcomes. Following the investment, BigTapp Analytics will continue to operate as an independent company within the Apar Group. Apar Technologies, on the other hand, is a technology services and solutions provider known for its innovative and cutting-edge offerings. With a portfolio spanning automation, CRM, cloud, IoT, custom application development, and more, Apar Technologies serves customers worldwide.
In conclusion, Apar Technologies’ strategic investment in BigTapp Analytics reinforces its commitment to expanding its data analytics offerings and driving growth. By embracing AI-powered analytics solutions, businesses can unlock valuable insights, enhance customer experiences, and gain a competitive advantage. This collaboration between Apar Technologies and BigTapp Analytics will accelerate innovation, fuel digitization, and deliver enhanced value to customers in various industries.
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