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Data Science Outsourcing

Comprehensive Data Administration & Analytics Consulting

Unless you have a team of data managers and analysts, it may be more complicated than you think – and less successful – to pull data into reports and make major decisions. That’s why we wrote this Guide to Outsourcing Database Administration & Analytics.

Data analysis is a straightforward science for those who do it every day, but can be a challenge to those who aren’t masters in the field.

Whether or not you must answer to a board of directors, your decisions can impact the company for years to come; you must be confident that your decisions are based on trusted information.

How do you get reliable data to support your decision-making process? Read on to see why you should consider hiring an expert business process outsourcing (BPO) company that specializes in data science to manage your data, help keep them safe, and give you the trusted information reporting you need.

Information Technology Outsourcing: Good Decisions Start with Good Data

If your data are not carefully curated and verified for accuracy, they have little value to you for decision-making… or anything else! So here are the most important data DOs and DON’Ts:

  • Do make sure your data are correct
  • Don’t allow information into your database unless you know it is accurate. 

Most organizations have information that comes from a variety of sources and can be manually entered, imported from an outside source, collected from users, or from automatically generated through the use of an algorithm.

Regardless of the source or method of entry, information technology outsourcing experts can help keep your data reliable so you can make decisions with confidence.

What is Database Administration Outsourcing?

Database Administration Outsourcing is defined as the practice of sharing or turning over the responsibility for assuring an organization’s data security and integrity to a third party for remote data management.

Offshore remote database administration outsourcing is particularly popular because it can provide maintenance and other services during low-use times. For example, an IT BPO like RAINBOW SOFTECH™ in India can update software and upload/process large batches of data at 2:00 am local time in Canada, the UK, the US, and Australia.

“Administration” in our definition encompasses all of the critical management and maintenance tasks needed to keep your data in top shape. Therefore, database maintenance outsourcing experts typically handle the following:

  • Extracting and/or loading data
  • Setting up cybersecurity measures
  • Ensuring all hardware and software are updated
  • Authenticating data
  • Monitoring the performance of hardware and software
  • Configuring servers and databases
  • Preserving data integrity
  • Maintaining the confidentiality of private data
  • Handling legal, financial, and medical information ethically and in compliance with applicable laws
Guide Outsourcing Data Maintenance & Analytics - Database Administration

What is Business Data Analytics Consulting?

Business Data Analytics Consulting can be defined as the expertise to help decision-makers achieve goals and solve problems by providing customized, reliable reporting and insights from the organization’s data.

In other words, we can study your company’s history to summarize its current status and identify trends and give recommendations to guide your business strategies.

To help you get the most important decision-support data, business data analysts typically perform the following:

  • Work with you and your leadership team to collect and analyze data
  • Help you find patterns that show opportunities for growth and other improvements
  • Provide customized reports as requested, including visuals like infographics and charts
  • Develop tools for establishing and monitoring key performance indicators (KPIs) to assess the effectiveness of programs, policies, services, and products

The Benefits of Outsourcing Database Administration & Analytics to a Full-Service BPO

There are many reasons to use an independent, third-party BPO firm to supplement or replace your IT department. To go a step further, there is every reason to outsource your IT processes to a BPO that also provides outsourcing services for routine business processes like bookkeeping and document management.

It's Hard to Get In-Depth Data Analysis From an Overwhelmed IT Department

Whether you have a huge Information Technology team or the “IT department” is just you (in a small business setting), delving into your data for insights and strategic guidance can put a strain on your day-to-day operations.

Even the most highly qualified IT professional may be hard-pressed to render the best possible, actionable report if they are overwhelmed and if they don’t do data analytics tasks every day.

You may be able to get the reporting, but be forced to sacrifice timeliness and depth of insights in the process.

It goes without saying that if your IT personnel are working overtime to get your reporting completed, there is a financial cost – as well as the missed-opportunity cost of having personnel tied up in a one-off project like data analytics.

The Consequences of Incomplete or Inaccurate Decision-Support Data

Garbage in, garbage out – GIGO. In computer terms, this means that sloppy information cannot be reshaped into a high-quality report.

Here are some of the unwanted outcomes of using data of questionable quality:

Guide Outsourcing Data Maintenance & Analytics - Consequences of Unreliable Data
  • Any conclusions drawn are unreliable
  • You’re left with weak evidence to support a viewpoint or proposal
  • The perceived trustworthiness of you and your organization can plummet
  • Bad data equals bad decisions
  • Customer satisfaction and employee moral drop
  • A new strategic plan can fail before it gets much of a start

Hire an IT BPO Company for Outsourcing Database Administration & Analytics

You may be surprised to find out how effective and affordable it can be to outsource your data management and data reporting processes.

How It Works: Hiring an Outsourcing Company

Your first step is to get educated (if you are not already) about outsourcing in general. Learn about the benefits of outsourcing, as well as the mistakes you should avoid. 

Here are some good sources of knowledge about the BPO industry and the characteristics of a top BPO company that may be a good fit for your organization:

Your second step is to see how it works to outsource your data maintenance and analytics reporting.

Step three – start your online research to look for the top BPO company that is right for you. There are some free downloadable PDFs below that may help.

Speak With an Expert About Outsourcing Database Administration & Analytics Consulting

If you are ready to explore the possibilities for using your company’s data to expand your business and find opportunities for improvement, get expert advice from the seasoned outsourcing experts.

If you are ready to explore the possibilities for using your company’s data to expand your business and find opportunities for improvement, get expert advice from the seasoned outsourcing experts.

Suresh and Murthy at RAINBOW SOFTECH™, have been in the business for over 15 years, and they are ready for a complimentary brainstorming call with you about your organizational goals and decision-making processes.

Speak to an Expert - Outsourcing Data Maintenance and Analytics

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  • Work with you and your leadership team to collect and analyze data
  • Help you find patterns that show opportunities for growth and other improvements
  • Provide customized reports as requested, including visuals like infographics and charts
  • Develop tools for establishing and monitoring key performance indicators (KPIs) to assess the effectiveness of programs, policies, services, and products
Free Downloads

White Paper & Checklist: Find the Right Information Technology Outsourcing Provider

Suresh has put together this step-by-step guide and checklist to help you through the process – from concept to contract – for hiring a top BPO and implementing your custom outsourcing plan.

Decision Support Systems - Free Download

Make the Best Outsourcing Choices for Your Organization

by Suresh Rao M.
Step-by-step guide to outsourcing - from data analytics and planning to BPO company selection and contracting

Interview Checklist Tool to Compare BPO Firms

from the RAINBOW SOFTECH™ Team
Use this tool to collect the information you need from each BPO to make informed vendor decisions
Outsourcing Database Administration & Business Data Analytics