12 Data Analysis Service Success Stories [2023]

12 Data Analysis Service Success Stories [2023]
Start A Data Analysis Service

A data analysis service is a great way to help businesses make sense of their data. This type of service can be used to provide insights into customer behavior, improve marketing campaigns, or simply help businesses make better decisions.

If you're interested in starting up a data analysis service, You will need knowledge in data analysis and the ability to communicate effectively with clients so they can benefit from what insights have been found by analyzing their information properly - this way it's not just about making money but also helping others!

iTechArt is a leading custom software development company that helps both startups and enterprises streamline their analytics process. They also generated revenue of $209 billion in 2019, while creating more than a million jobs over the past three years.

Starting a data analysis service is a perfect business idea for those with analytical skills and a desire to help businesses to make better use of their data. This business is in high demand and can be very profitable, with data analysts earning high salaries.

Here are some real life success stories of starting a data analysis service:

1. PropertyData ($1.54M/year)

Michael Dent (from London, UK) started PropertyData almost 6 years ago.

Revenue
$128K / month
Team
1 founders / 1 employees

Case Study

My name is Michael Dent and I’m the founder of PropertyData, a subscription website for property investors and developers in the UK that helps them make better-informed decisions when buying a residential property.

I started the business in April 2017, and today it’s making $128,000 per month in recurring revenue.

i-built-1-54m-year-tool-that-finds-the-best-investment-properties-from-uk

2. PVM IT ($6M/year)

Pat Mack (from St. Petersburg, FL, USA) started PVM IT over 12 years ago.

Revenue
$500K / month
Team
1 founders / 50 employees

Case Study

My name is Pat Mack, and I am the founder and CEO of PVM, Inc. We offer software engineering services related to big data storage and analytics to customers in both the private and public sectors, ranging from local police departments to statewide public safety departments, to federal agencies like the Department of Defense and the Centers for Disease Control and Prevention. With this diversity of clients, we've gotten to work on some pretty exciting projects. They include:

Additionally, we plan to continue to build upon the deep relationships we have with our existing clients—our average length of tenure with a client is seven years.

this-former-us-navy-officer-started-a-6m-year-big-data-company

Learn more about starting a data analysis service:

Where to start?

-> How much does it cost to start a data analysis service?
-> Pros and cons of a data analysis service

Need inspiration?

-> Examples of established data analysis service
-> Marketing ideas for a data analysis service

Other resources

-> Data analysis service tips

4. Attributer ($54K/year)

Aaron Beashel (from Sydney NSW, Australia) started *Attributer * over 1 year ago.

Revenue
$4.5K / month
Team
1 founders / 0 employees

Case Study

how-my-marketing-tool-reached-50k-in-revenue-within-5-months-of-launching

5. Aucoin Analytics, LLC ($166K/year)

Kervin Aucoin (from Washington D.C., DC, USA) started Aucoin Analytics, LLC about 4 years ago.

Revenue
$13.8K / month
Team
1 founders / 1 employees

Case Study

Hello folks, my name is Kervin Aucoin and I am the founder of Aucoin Analytics, LLC, a private intelligence company that focuses on security trends by using data and predictive analysis to protect customers. Aucoin Analytics delivers highly specialized risk assessments and intelligence reports specially tailored to our customer's needs.

i-built-a-10k-month-online-community-where-we-fight-fake-news-stories

6. Electric Sauce ($90K/year)

Sean Gee and Sean Barnett (from Houston, TX, USA) started Electric Sauce almost 2 years ago.

Revenue
$7.5K / month
Team
2 founders / 0 employees

Case Study

Hey, we’re the Sean’s - Sean Gee and Sean Barnett. We started Electric Sauce, which is a data-driven, retention-focused, email marketing agency. Well, micro-agency since it’s just the two of us. But we like to think of ourselves as the sauce that businesses need to enhance their revenue and build loyal customers. Who doesn’t love some sauce on their food? We’re the digital sauce.

from-freelancing-on-upwork-to-building-a-90k-year-email-marketing-business

7. Helical Insight ($960K/year)

Nitin Sahu (from Hyderabad, Telangana, India) started Helical Insight over 6 years ago.

Revenue
$80K / month
Team
2 founders / 42 employees

Case Study

Hello! My name is Nitin Sahu and I am co-founder of the open-source BI product Helical Insight. Our product is a B2B focused enterprise software product and it can be used by any company which is generating data and is wishing to generate insights from the generated data, thus making more correct data-driven business decisions.

from-several-failed-startups-to-building-a-960k-year-enterprise-bi-business

8. Decidable ($12K/year)

Craig Smith (from London, UK) started Decidable almost 2 years ago.

Revenue
$1K / month
Team
2 founders / 2 employees

Case Study

We are Team Decidable. Myself, Craig Smith, Co-founder and Chief Brand Officer and Mike Bugembe, Chief Executive Officer and Head of Product and whose brainchild the original vision for Decidable belongs to.

how-we-launched-a-business-intelligence-solution-united-kingdom

9. Ivee ($120K/year)

Chelsea Rhoads (from Arvada, Colorado, USA) started Ivee about 3 years ago.

Revenue
$10K / month
Team
2 founders / 3 employees
Location
Arvada, Colorado, USA

Case Study

My name is Chelsea Rhoads and I am the CEO/Co-Founder of pup-eeze, the smartest device on four legs. pup-eeze is a wellness tracker for dogs that tracks activity, monitors location and automates our dog’s lives by connecting them with hundreds of smart home devices giving ourselves and our dogs the ability to monitor, maintain and change the environment of the home if we’re concerned about separation anxiety or well-being.

We’ve had great success speaking with and testing the wellness tracker among those who love their dogs and love technology. We thought, “we bring our dogs on every other journey with us, why not include them in the technology journey as well?” With the overwhelming support from the technology community we were able to strategically partner with an emerging leader in the IoT enterprise solution field; Fathym.

how-i-created-and-launched-a-fitbit-for-dogs

10. TerminusDB ($240K/year)

Subscribe: https://www.youtube.com/c/NathanLatkawatchTerminusDB CEO Luke Feeney: Git for data... Visit them: www.terminusdb.comSee more of Luke's data: https...

Luke Feeney (from Dublin, Ireland) started TerminusDB about 4 years ago.

Revenue
$20K / month
Team
2 founders / 10 employees

Case Study

In 2019 Luke Feeney founded TerminusDB, an open-source knowledge graph database that offers dependable, private, and effective revision control & collaboration.

TerminusDB is for people who love coding and aspire to make fundamental changes regarding how data is curated, managed, or stored.

Kevin Feeney and Gavin Mendel-Gleason came on board to help the idea for TerminusDB turn into reality. The former is the company's CEO, while the latter, having extensive programming and software specification knowledge, is the CTO.

TerminusDB, a Trinity College Dublin spinoff, has raised €3.6 million in seed funding for its open-source collaboration platform for large and complex data.

TerminusDB joined the AI Infrastructure Alliance earlier this year, a nonprofit organization and industry group created to promote greater cooperation among artificial intelligence and machine learning start-ups worldwide.

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Listen to the full podcast on soundcloud.com ➜

11. Compound ($210K/year)

Alistair Wilson (from Loughborough, UK) started Compound almost 2 years ago.

Revenue
$17.5K / month
Team
1 founders / 3 employees

Case Study

I’m the founder of Compound. We are an ecommerce automation agency headquartered in the UK with a globally distributed team. Our clients are D2C/D2B businesses in the Shopify ecosystem.

One of the major areas of growth for us is driven by the demand for sleek, automated D2B business processes. B2B sales are behind the times in eCommerce, and business owners are aware of the massive efficiencies possible - but until recently hadn’t had many options to improve it. Now we’re delivering systems that reduce labor costs by 90% in processing a B2B ecom order. It’s a game changer that is leading to unprecedented demand for our services.

how-i-started-a-17-5k-month-no-code-automation-agency-for-e-commerce

Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

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