Guide for data science consulting companies in 2025

Edited by Hanna Anokhina
Published: December 22, 2023Updated: November 21, 2024
7 min to read
Guide for data science consulting companies in 2025

If you deal with a large amount of data of varying quality in your daily business, you must be able to benefit from it.

This is where data science consulting companies emerge. They make the use of the interaction between computer systems and human language meaningful, train your employees in how to handle data, and accelerate your digital transformation.

Want to know how your company will benefit from data science? Hire a consulting company. When you have a clear view of what to do, some consulting companies also provide developers.

Today we’ll discuss the best data science consulting companies on the market.

How does data science consulting help you use data effectively?

Making data-driven decisions is what many companies strive for. Because data is the basis for long-term success and a head start in development. But when does a company need a data science consulting agency and how can it help get answers from your data?

Learn how to leverage AI, ML, and Big Data. See how businesses transform with data science consulting companies. From machine learning development to BI analytics.

When: you have tons of data but don’t know what to do with it.

Most enterprises store tons of data about customers and production. Consultants make sense of it to improve operations and productivity.

Let’s say you track user actions with xAPI. Not all data is useful, a lot of it is irrelevant. So you need to cleanse. Once that’s done, it’s time to analyze the data. 

Other problems that can addressed by data science consulting may include:

  • When a company needs to identify high-potential technologies.

Data science consulting helps by leveraging advanced analytics to assess market trends, performance metrics, and potential risks, ensuring informed investment decisions that drive growth.  

  • When a company’s data is fragmented across departments.  

Many organizations face challenges in collecting and integrating high-quality data from various sources. Data science consulting aids in developing a cohesive data strategy, enabling departments to share insights seamlessly.  

  • When data is prepared and analyzed inefficiently.

Many companies’ problems stem from incorrect and thus inefficient data handling. Data science consulting optimizes data pipelines, ensuring data is clean, well-structured, and ready for advanced analytics, improving operational efficiency.

This list could go on for a long time, but each point boils down to one thing: when the untapped potential of data prevents a company from growing qualitatively. So, how do you deal with this situation?

Learn how to leverage AI, ML, and Big Data. See how businesses transform with data science consulting companies. From machine learning development to BI analytics.

How: data science consultants with relevant experience help you find patterns and trends in it.

Here’s what they can do:

  • Find insights. Data scientists will dive deep into your data, uncovering hidden patterns, trends, and correlations that may not be apparent on the surface. By understanding your business and customers, consultants can provide tailored recommendations for marketing, product development, and customer engagement.
  • Build predictive models. Using advanced techniques to trace unobvious patterns, they predict future outcomes, thus helping you make proactive decisions and create added value from existing data streams.
  • Optimize operations. Through hands-on experience, consultants identify inefficiencies in your processes and suggest data-driven improvements that can increase productivity and save resources. Unless you have extensive experience with data science, consultant companies can help you avoid the common pitfalls of practical implementation.
  • Spot the right tool. With over 20 data science tools on the market, choosing new technologies can feel overwhelming and lead to potential underperformance. Consultants analyze your existing systems and requirements to recommend the best tools and technologies tailored to your project’s unique needs.
  • Lower risks. Have an idea but not sure if it’s viable? Or don’t want to put your technology investments at risk? Back your plan up with a data-driven strategy to manage uncertainties. Data science consultants also offer guidance on team structure and vendor selection to streamline project execution and estimate requirements and budgets correctly.
  • Lend a helping hand. You can have your data collected and analyzed but need assistance with a specific data-related task. Such assistance may include narrow expert vision and guidance, data privacy and compliance consulting for a specific project or product, and more.

The most common goals of our customers in the areas of BI, data analytics, and AI include:

Learn how to leverage AI, ML, and Big Data. See how businesses transform with data science consulting companies. From machine learning development to BI analytics.

While these align with a company’s long-term objectives, customers are often hesitant to embrace data science due to several myths circulating in the market. We’ve debunked the top three in a special feature – check it out.

Don’t have time to browse long listings? Check out the selected companies below.

  1. Aristek Systems

Location: Vilnius, Lithuania

Data science expertise: Aristek provides all-around data science consulting and development. Solutions range from simple integrations with prepackaged services to developing custom AI projects.

Data science consulting they provide: Aristek helps introduce data science. They will create a strategy to improve operations and save resources. The experts will check for weak spots in your operations, and suggest practical solutions to:

  • Evaluate the viability of data science initiatives through in-depth studies and specialized research, tailored to your needs.
  • Conduct an in-depth audit of existing scope and data formats to understand project potential.
  • Develop MVPs and PoCs to showcase their potential in addressing challenges, then scale successful concepts into fully developed solutions.
  • Establish a robust data governance framework to ensure data quality, compliance, and security across all systems and operations.

Here are just a few examples of how expert consulting contributes to high-tech initiatives in different industries: 

  • In eLearning, Aristek experts apply data science techniques to personalize learning paths, predict student performance, and recommend relevant content to improve it.
  • Advanced data science models optimize supply chains in logistics and enhance operational efficiency by predicting delays and adjusting routes.
  • With the help of AI, Aristek expanded sales forecasting capabilities that now allow it to analyze customer data, purchase patterns, and store insights to provide actionable recommendations in retail.

In retail, data science helps optimize product placement and forecast buyer conversion rates and future sales. Data-driven predictive models identify patterns in product demand and shelf layout to improve both placement efficiency and the company’s revenue potential.

AI-based sales forecast for a retailer with over 3 million customers

Check out how a custom AI-driven forecasting solution allowed for a 7% visitors-to-buyers conversion rate increase and a 35% monthly infrastructure costs decrease.

Preview
Read the case study

Industry focus in data science: Education, Healthcare, Logistics, Retail and eCommerce, and more.

If you would like to find out how feasible DS initiatives are in your company, just contact us

2. Artefact

Location: Global, headquarters in France

Data science expertise: Artefact is a data & AI company. On top of consulting, they do engineering, data analysis, and marketing.

Artefact has 1000+ customers worldwide, including Nissan, Heineken, and Loreal. The projects range from BI visualizations to business transformation.

Data science consulting they provide: Artefact provides end-to-end consulting expertise. Here’s what the consulting encompasses: data strategy, demand forecasting, data factory, call center AI, and data for private equity. 

Industry focus in data science: No particular focus, they serve clients regardless of the industry

3. InData Labs 

Location: Vilnius, Lithuania

Data science expertise: InData Labs is a custom data science development firm. They do all sorts of data science solutions: from big data and predictive analytics to NLP and computer vision. Most of their customers are in industries like marketing, e-commerce, and healthcare.

Some of their data science projects include a neural network that does women’s cycle prediction and a movie recommendation engine for smart TVs.

Data science consulting they provide: InData Labs consults customers at every stage of AI development. It can be both from the business and technology perspectives. But you can also get general consulting or QA sessions.

Industry focus in data science: marketing, e-commerce, healthcare, logistics, finance, banking, and automotive.

4. Miquido

Location: Krakow, Poland

Data science expertise: Miquido is a full-cycle software development company. Data science is just a part of what they do, along with application design and development. 

Still, they are good at business intelligence and big data solutions. They help with ETL, data mining, and exploratory data analysis.

Some of their projects include data collection for streaming services, and a fintech analytics tool.

Data science consulting they provide: They are good at analyzing your data. Miquido will help you find the right solution for your business case.

Industry focus in data science:  healthcare, e-commerce, entertainment, and fintech.

5. Mosaic

Location: Virginia, United States

Data science expertise: Mosaic is a data science consultancy. They develop all sorts of AI and ML solutions. 

Some of their projects include manufacturing optimization and ML-based development for an IoT company. They partner with major brands like Boeing, United Airlines, Exxon, etc. 

Data science consulting they provide: They will look at your business processes and find ways to improve them with data science. The consulting can start at different stages from concept and data discovery to development and AI augmentation. 

Industry focus in data science: Transportation, Utility, Consumer Products, Manufacturing, Healthcare, Biotech, Retail, Oil, Services, and Aviation.

6. ITRex

Location: Kyiv, Ukraine

Data science expertise: ITRex is a software development company with a focus on high-tech solutions: from data science and AI to blockchain and the Internet of Things.

They are great at both big data and ML. Some of the projects include data management for a haircare brand and a business intelligence solution for a major retail company.

Data science consulting they provide: They consult companies in need of digital transformation. They’ll help you make sense of messy data and automate your operations.

Industry focus in data science: biotech, retail, education, transportation, and more.

7. RTS Labs

Location: Virginia, United States

Data science expertise: This is an AI consulting company. They develop custom software with AI/ML, and they specialize in content generation ML models.

Some of the projects are an NLP model for a telecom company and predictive maintenance in the energy sector. 

Data science consulting they provide: RTS Labs will find a way to apply data science to automate operations and reduce costs. 

Industry focus in data science: Customer service, fintech, energy.

8. Data ART

Location: Global, but mostly Eastern Europe

Data science expertise: Data ART is a custom software engineering company. Along with data science, they design and develop all sorts of solutions, from mobile apps to IoT.

Data science consulting they provide: Data strategy, data management capability consulting, data platform consulting, solution design, and BI consulting.

 

Industry focus in data science: fintech, healthcare, retail, and travel.

9. Soft Formance

Location: Lviv, Ukraine

Data science expertise: Soft Formance is a small software development company. Data science consulting is just a part of what they do.

Data science consulting they provide: The company will help you become data-driven. They assist in data mining, management, and visualization. With Soft Formance’s help, you’ll make your employees more productive and will make customer experience personal.

Industry focus in data science: Digital Marketing, healthcare, retail, education, business services, cleaning services, waste recycling, and green energy.

10. Addepto

Location: Warsaw, Poland

Data science expertise: This is an AI solution provider. Adepto is fully focused on developing ML models, performing advanced analytics, and consulting companies in need of digital transformation.

The projects they do are plentiful. They’ve implemented ChatGPT API for text summaries, developed an image quality detector, and made compliance analyses for retail. 

Data science consulting they provide: AI, MLOps, and big data consulting. Basically, they provide the full range of data science consulting services.

Industry focus in data science: Manufacturing, retail, finance, logistics, aviation, and tech companies.

11. InData Labs 

Location: Vilnius, Lithuania

Data science expertise: InData Labs is a custom data science development firm. They do all sorts of data science solutions: from big data and predictive analytics to NLP and computer vision. Most of their customers are in industries like marketing, e-commerce, and healthcare.

Some of their data science projects include a neural network that does women’s cycle prediction and a movie recommendation engine for smart TVs.

Data science consulting they provide: InData Labs consults customers at every stage of AI development. It can be both from the business and technology perspectives. But you can also get general consulting or QA sessions.

Industry focus in data science: marketing, e-commerce, healthcare, logistics, finance, banking, and automotive.

    How not to make the wrong choice: stick to this checklist

    Hold onto this checklist for decision-making time. When seeking vendors, refer back to these insights.

      Learn how to leverage AI, ML, and Big Data. See how businesses transform with data science consulting companies. From machine learning development to BI analytics.
      1. Partner with a company that offers a preliminary data science strategy and details exactly how the technology will help you achieve your business goals.
      2. Consider a concrete plan for implementation and advice on data acquisition, management, and evaluation.
      3. The design and implementation of data science solutions should be tailored to your company to generate added value through targeted use, management, and evaluation of your data.
      4. As part of data science consulting, specific data science training for your company will be an advantage.
      5. Make sure that any solutions are implemented in a legally compliant and compliance-safe manner.

      For those who have read to the end, here’s a surprise offer for your engagement.

      We’ll give you a complimentary consultation. Since we not only provide services in the area of ​​data science consulting but also offer various services in the area of ​​AI, data engineering, and programming, we know how to handle the data correctly. 

      With expertise across data science, we’ll find the best solution to your issue – contact us today.

      Share:
      Be the first to receive our articles

      All about us in OnePager

      Download

      AI-based software development cost estimation

      Request price

      Relevant Articles

      Data warehouse vs data lake

      Data warehouse vs data lake

      May 24, 2024 - 9 min to read

      Breakdown of AI compliance in 2024. Why focus on privacy?

      Breakdown of AI compliance in 2024. Why focus on privacy?

      February 29, 2024 - 5 min to read

      Your Guide 2024 to Machine Learning. Finally Get It

      Your Guide 2024 to Machine Learning. Finally Get It

      January 18, 2024 - 10 min to read

      Simple AI guide for elearning. Everything you need to know

      Simple AI guide for elearning. Everything you need to know

      August 23, 2023 - 8 min to read


      We use cookies to ensure that we give you the best experience on our website.
      We also use cookies to ensure we show relevant content.