Tredence Listed in Forrester Now Tech: AI Consultancies, Q1 2021 - Tredence

RECOGNITION

Tredence Listed in Forrester’s Now Tech: AI Consultancies, Q1 2021

Forrester listed Tredence as a midsize provider ($25M to $1B in annual revenue) with a focus on analytics services. The analysis of the AI consultancy market is based on two factors: market presence and breadth of services.

AI Consultancy Market Presence Segments

Vendors have been segmented in this market into three categories, based on annual AI consulting revenue: large established players (more than $1 billion in AI consulting revenue), midsize players ($25 million to $1 billion), and smaller players (less than $25 million)

AI Consultancy Functionality Segments

AI consultancies market is broken into five segments, each with varying capabilities

Analytics Service Providers

Industry
Consultancies

Management
Consulting Firms

Product Design
Firms

Systems
Integrators

Tredence has been listed as a midsize provider ($25M to $1B in annual revenue) with a focus on analytics services

Forrester defines the AI consultancy market as follows:

AI consultancies are service provider firms that bring a holistic approach across people, process, technology, and data science to help enterprises transform with AI-driven systems and experiences for competitive advantage.

AI consultancies help enterprises:

  • Accelerate impact and time-to-value with AI.
  • De-risk AI-driven business activities and offers.
  • Upskill the entire enterprise to be AI native.

Tredence’ s uniqueness is in bringing the right mix of technology and business analytics to create white-box solutions that are typically transitioned to our clients at the end of the engagement in a sustainable way. Tredence does this cost – effectively using a global execution model leveraging our clients’ existing technology and data assets.

We think this timely inclusion in AI Consultancies will propel our clients to take advantage of the cutting-edge analytics solutions and apply it to new & diverse data sources which they might not have been able to produce earlier.

To read the full report, click here (available to Forrester subscribers or for purchase)