Data analytics outsourcing is one of the most effective ways to build action plans, accelerate business growth, and cut costs of analytical staff. Some of the advantages of data analytics outsourcing include: Competitive advantages gained by data mining and analytics processes, access to a talent pool of highly skilled experts not limited by distance, cost savings by not having to hire in-house staff, faster, more precise data, improved customer relationships, and increased productivity by not burdening your in-house team.