Discover 2 companies in Iceland that specialize in Big Data & BI services!

Leading agencies include Gallup and Gangverk. A total of 2 Big Data & BI providers in Iceland are ready to help. They serve clients such as Travel, Finance, Commerce and Healthcare. Local internet speeds average 295.55 Mbps, supporting fast development and collaboration. Average local salaries are around $90,055, reflecting market rates.

Average starting budget
$100,000
while min. project budget is $500
based on 2 profiles
Average hourly rate
$125
and starting from $100 / hr
based on 2 profiles
Also specialize in
Big Data & BI (2)Product Design (1)Cloud Consulting (1)App Designing (UI/UX) (1)IT Staff Augmentation (1)
Complementary specialties
validated by client feedback
Big Data & BI (Business Intelligence) turns large volumes of raw information into easy-to-understand insights. Services include setting up systems to collect and store data from multiple sources, building dashboards and reports that highlight key trends, and running analyses to uncover patterns that help you make smarter choices. Sub-services may cover real-time data pipelines, data cleansing, visualization design, automated alerting for important changes, and training staff on how to explore and use the reports.
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Trusted by
Google
Microsoft
Airbnb
Spotify
Netflix

Found 2 matching agencies

G
Reykjavik, Iceland

At Gallup, we provide expert consultancy to help organizations make data-driven decisions. Our services include Big Data & BI and IT Services & Consulting, which enable clients to gain valuable insights and improve their operations. By leveraging our expertise, clients can enhance customer engagement, drive business growth, and mitigate risks. With a focus on delivering actionable recommendations, Gallup helps clients navigate complex challenges and achieve their goals.

team of 26 - 50 people

unknown

contact for pricing

contact for pricing

G
Reykjavik, Iceland

Gangverk delivers digital transformations, helping clients take their operations to the next level. With a commitment to ideal solutions and real results, they provide web and software development, mobile app development, e-commerce development, big data and BI, cloud consulting, IT staff augmentation, app designing (UI/UX), and product design services. These services enable businesses to improve efficiency, enhance customer experience, and gain competitive edge. By leveraging immersive collaboration approaches and cutting-edge technologies, Gangverk's clients can achieve faster delivery times and higher quality products.

team of 26 - 50 people

10+ years of industry experience

rate $100 - $150 / hr

min project budget $100k

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Digital agency industry and ecosystem in Iceland

The digital agency industry in Iceland has experienced notable growth in recent years, driven by the country's strong emphasis on innovation, digital infrastructure, and tech-savvy population. Iceland boasts one of the highest internet penetration rates globally, with around 99% of its population actively online, providing a solid foundation for digital agencies to flourish.

Key statistics and trends

The Icelandic digital marketing and advertising sector has expanded steadily, reflecting broader European trends. According to Statistics Iceland, digital advertising spending accounted for over 60% of total advertising expenditure in 2022, marking a clear shift from traditional media to digital platforms. Additionally, the rise of mobile device usage—with approximately 95% of Icelanders owning smartphones—has pushed agencies to prioritize mobile-first strategies.

A notable trend in the Icelandic market is the growing demand for specialized digital services, such as UX/UI design, SEO, content marketing, and video production. This specialization has led to the emergence of boutique agencies focused on niche markets.

Challenges and opportunities

Despite steady growth, digital agencies in Iceland face several challenges, including a relatively small domestic market and intense competition for skilled professionals. The limited talent pool in specialized areas like data analytics, software development, and digital strategy is a significant constraint. Furthermore, economic fluctuations and currency volatility occasionally create budget uncertainties for both agencies and their clients.

Nevertheless, the Icelandic market presents considerable opportunities:

  • Government support: Strong governmental initiatives aimed at boosting innovation and digital entrepreneurship.
  • Global expansion: Opportunities to leverage Iceland's strategic location between Europe and North America to expand internationally.
  • Sustainability: Rising demand for digital solutions aligned with sustainability and eco-friendly practices.

Overall, Iceland's digital agency ecosystem continues to mature, driven by innovation, digital adoption, and a supportive business environment that fosters growth and international potential.


Understanding big data & BI services for your business

Big data and business intelligence (BI) services help organizations collect, analyze, and visualize large volumes of data to make informed decisions. Today, these services encompass the extraction of actionable insights from massive datasets, allowing businesses to optimize processes, identify market opportunities, and enhance customer experiences.

Current state of the industry

The global big data and BI market continues to grow rapidly, projected to exceed $270 billion by 2026 (IDC). Businesses across sectors leverage these technologies to maintain competitiveness, adopting advanced analytics and machine learning algorithms to predict trends and streamline operations.

Common questions companies ask when hiring a provider

  • What specific tools and technologies does the agency specialize in?
  • How secure is our data during analysis and storage?
  • Can the agency demonstrate measurable outcomes from past projects?
  • What level of post-deployment support and training is provided?

Key benefits and potential pitfalls

Benefits: Enhanced decision-making capabilities, improved operational efficiency, customer insights, and gaining competitive advantage.
Pitfalls: Underestimating project complexity, potential data security risks, integration challenges, and unclear business objectives.

Project duration and timelines

Typically, big data and BI projects range from 3 months for simpler data visualization solutions, up to 12 months or more for comprehensive analytics and machine learning integrations. Timelines depend heavily on data complexity, project scope, and organizational readiness.

Technologies and tools commonly used

Providers often use technologies such as Apache Hadoop, Apache Spark, cloud-based solutions like AWS or Azure, and BI tools including Tableau, Power BI, and Looker. Selecting an agency proficient in the right tools for your data needs is essential for project success.

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