Strategy research is one of the most important functions a company undertakes. However, it may not a

Strategy research is one of the most important functions a company undertakes. However, it may not always have the in-house resources or time to conduct the research on its own. This makes choosing the right service provider to outsource research to important.

Research plays a pivotal role in carrying out an organisation’s operations smoothly, whether the organisation is small or big. Research conducted with the organisation’s goals in mind and using suitable methods leads to timely and accurate decision making.

However, due to a lack of resources (such as time, money and technology) and expertise, many companies prefer outsourcing the task of conducting strategy research to agencies that specialise in this field.

Without such research, companies could find it difficult to plan properly to achieve its goals. Therefore, it is extremely important to outsource this task to an agency or firm that is well reputed in the industry. An organisation would find it helpful to follow these steps when choosing a firm: (1) List all research outsourcing companies that offer services to organisations similar to yours or offer services to other organisations in your region. (2) Shortlist a few using criteria such as experience, location and reputation. (3) Carefully choose the one that best suits your needs and budget.

Strategy research outsourcing companies you should know about

The process of evaluating research service providers can become tedious and time-consuming. We list the top five service providers below, for your convenience.

Acuity Knowledge Partners

Formerly, a Moody’s company, with a strong and proven pedigree in research. It supports three of the world’s five consulting companies with their research needs. Its clients include some of the world’s largest investment banks, asset managers and private equity firms. It has access to a global talent pool based in its four delivery centres – India, Sri Lanka, Costa Rica and Beijing.

Cascade Insights

Cascade Insights helps companies seize opportunities in the B2B technology sector, providing B2B-focused market research and marketing services. Its clients range from enterprise tech giants to startups, in fields such as finance, healthcare and education and who have initiatives relating to the B2B tech sector.

DC Analytics

DC Analytics provides companies the flexibility and ensures timely, accurate and nuanced competitive intelligence. Its professional and effective communication systems facilitate smooth end-to-end delivery with a high level of organisation and attention to detail.

Eminenture

Eminenture ensures quality and transparency at every stage and is focused on creating a better future for businesses using the latest technology and methods.

ase Market Intelligence Inc.

ase specialises in designing and implementing qualitative and quantitative studies nationally and internationally. It offers research-based consultancy across disciplines. It works in partnership with clients, setting achievable goals, developing open communication and offering interpretation and advice based on a detailed understanding of the market and cultural differences.