There are 6 Companies in Bosnia and Herzegovina
that provide BI & Big Data Consulting Services!

Bosnia’s possible entrance into the EU will be a key driver of ICT growth, facilitating increased trade between European markets. Over the next years, the process of EU convergence, which still has far to go, will drive spending on IT projects. Funds such as the EU Cohesion fund are already providing funding for IT projects related to modernization initiatives in both public and business segments. As the government remains the major investor in ICT in Bosnia

The combined government sector also remains the largest spender on IT products and services, unsurprising bearing in mind that the state still owns a wide range of companies across sectors like transport, telecoms, oil and gas, and insurance. Despite all the difficulties, the ICT sector in Bosnia is one of the best sectors of the Bosnian economy, especially since a large part of it is focused on exports. The ICT sector in Bosnia has annual revenues of around 1,9M Euros.

Why working with Bosnian IT companies

IT companies from Bosnia are relatively new to the market and rely on the already existing infrastructure when providing web & software services and solutions to the local and international markets. Bosnian IT companies managed to implement the newest IT standards and are specialized in the subsector of software development more than the web, and cloud computing. 

The choice is based on local market demand, as 35% of products and services provided by Bosnian IT companies are sold to the government and implemented in the local public sector, which is supposed to increase the digitalization rate of the country overall. Nonetheless, some other 65% of IT services are designed for regional export and are considered a part of the regional IT backbone in the western Balkans. 

What to pay attention to when working with Bosnian IT companies

It is important to know that most Bosnian IT companies were at the startup phase in 2015, and this makes them new and probably inexperienced in providing competitive services on the global IT market. However, working with Bosnian IT companies may be an interesting experience after all. 

How reliable are Bosnian IT companies

Bosnian IT companies are at an early stage of creating their reputation on the global market. Since not so many IT companies located in  Bosnia managed to highlight their performance, it is challenging to relate to how reliable they are.  But taking into account that in the XXI century all companies have a chance to create a name for themselves, most probably Bosnian IT companies will manage to break the ice, and why not - make out of their country an important regional IT hub. 

How well does the Bosnian IT industry relate to the neighboring countries?

On the regional background, the Bosnian IT industry is neither a shiny country nor an underdeveloped IT environment. But is one of the promising destinations for international clients and foreign companies ready to invest or work with Bosnian IT companies and bring the entire region closer to what the Western-European IT industry is.

Businesses increasingly need BI & Big Data Consulting services to unlock their data's potential. And this is the main problem that BI & Big Data Consulting services step in, offering valuable guidance and solutions to help businesses unlock actionable insights, make informed decisions, and drive meaningful outcomes. 

BI & Big Data Consulting services include a comprehensive range of expert solutions designed to help businesses optimize their data management processes. From data acquisition and storage to analysis and visualization, these services cover the entire data lifecycle. Key components of BI & Big Data Consulting include data strategy development, data warehousing, data analytics, data mining, data reporting, and data entry and processing among others

To deliver decent BI & Big Data solutions, consulting companies use a range of specialized tools and technologies. These may include popular Big Data frameworks like Apache Hadoop and Spark, data visualization platforms such as Tableau and Power BI, cloud-based analytics solutions like Amazon Redshift and Google BigQuery, and machine learning libraries like TensorFlow and sci-kit-learn.

When a company requires BI & Big Data Consulting, it can choose to engage with specialized IT companies or digital agencies. Specialized IT companies often possess deep expertise in data management, analytics, and Big Data technologies. Digital agencies, on the other hand, may offer a broader suite of digital services, including BI & Big Data Consulting, making them a great option for businesses seeking a comprehensive digital transformation.

Investing in BI & Big Data Consulting yields substantial benefits for businesses. These services enable companies to make data-driven decisions, identify untapped opportunities, and anticipate customer preferences more accurately. The ability to extract actionable insights from data helps optimize processes, reduce operational costs, and enhance overall efficiency. Additionally, data-driven decision-making empowers businesses to stay ahead of competitors, adapt to market trends, and drive innovation.

Selecting the right BI & Big Data Consulting partner is crucial for a successful project. Consider the following criteria: 

• Expertise and Experience: Look for a provider with a proven track record in delivering successful BI & Big Data projects and a strong understanding of your industry. 

• Scalability: Ensure the provider can handle the volume and complexity of your data as your business grows. 

• Customization: Seek a partner who can tailor solutions to match your unique business needs and objectives. 

• Security and Compliance: Verify that the provider adheres to industry security standards and data privacy regulations.

TechBehemoths.com is your one-stop platform for finding the best BI & Big Data Consulting companies. With over 697 companies listed across 45+ countries, the platform offers a vast selection of reliable consulting partners. TechBehemoths.com provides essential information such as client reviews, ratings, and detailed profiles, enabling you to make an informed decision and select the perfect BI & Big Data Consulting partner for your project.