No Match Found
To achieve this in today’s complex and connected economy requires a strategic and global approach to data management and operations.
In our whitepaper we focus on the strategic positioning of D&A resources around the world via nearshoring and offshoring. This allows your company to benefit from lower salary bands abroad, while solving the demographic barrier of recruiting the required talents via a global talent pool. Our analysis indicates that an intelligent combination of nearshoring and offshoring seems to benefit companies the most because it allows for proximity of analytics capabilities to business stakeholders while bridging corporate culture gaps and optimising costs.
In today’s competitive business environment, companies must think beyond just deploying D&A capabilities abroad; they must also consider a strategic approach to ensure quality, efficiency, and thus, success.
To address these questions, we studied the 60 largest companies in the DACH area to establish our D&A outsourcing framework. Furthermore, we have identified the best-suited nations for D&A nearshoring and offshoring. This was achieved by researching the 60+ most advanced countries in terms of digital talent. Thereby, we compared their capacity to generate high-quality D&A related output, like dashboards and prediction models, to the annual wage companies can expect to pay. This allowed us to derive a score that provides insights into the quality of work that can be expected for a given fee in each country.
While D&A is a great tool for businesses, implementing it comes with challenges such as high costs and the difficulty of finding the right person in light of global demographic shifts.
Tackling the talent shortage of key skills by accessing a global talent pool.
Expanding data operations quickly and balancing operational demands while using resources cost efficiently.
Lowering costs of D&A operations by relocating resources to countries with lower salaries.
Keeping key analytics resources close to business functions and establishing transparency where data is being processed.
“Data and analytics skills combined with cultural awareness are key for a global digital world.”
Our scrutiny of 60+ countries found that for most companies, D&A outsourcing to nearshore locations is appealing because they provide a high digital-talent score at a lower cost than most offshore locations. You can find the detailed overview in our whitepaper including pro's and con's about onsite, nearshore and offshore.
"Industry leaders must look beyond their main market and tap into the potential of a global workforce via D&A nearshoring and offshoring."
We found three distinct ways that businesses adopt to establish their outsourced D&A operations, each with its own set of advantages and disadvantages.
If you would like to discuss any of the issues raised in this article or find out how we can help your business drive more value, get in touch.
Partner and Data Strategy & Governance Leader, PwC Switzerland
Tel: +41 58 792 23 58
Senior Consultant Data Transformation & Analytics and Future Tech Institute Lead, PwC Switzerland
Tel: +41 58 792 20 66