Source Name : TheMathCompany

Category Name : General, High Technology

TheMathCompany Emerges as a Leader for Data Engineering Services in PeMa Quadrant 2023 by Analytics India Magazine (AIM)

Updated: 31/05/2023

The company also wins the Data Engineering Transformation Award at the Data Engineering Summit 2023

Bengaluru, Karnataka, India – Business Wire India 

TheMathCompany, Illinois-headquartered leading global data analytics and engineering firm, has emerged as a leader in AIM’s Penetration and Maturity (PeMa) Quadrant 2023 for Data Engineering Services. This achievement is a testament to the company's exceptional data engineering capabilities, as well as the successful project deliveries to many Fortune 500 companies worldwide.

TheMathCompany also won the Data Engineering Award 2023 by AIM under the Data Engineering Transformation Category at the AIM Data Engineering Summit (DES 2023). The award celebrates excellence in digital transformation, innovation, operational efficiency, and customer satisfaction.

AIM’s PeMa Quadrant for Data Engineering Services evaluates leading service providers based on Penetration (Pe) and Maturity (Ma) parameters, plotting the relative positions of these firms in the quadrant. According to the report, companies positioned in Leaders’ Quadrant represent strong market presence across industries or geographies and exhibit consistent growth. They have well-established teams that can deliver end-to-end services using state-of-the-art technologies.

Sayandeb Banerjee, Cofounder & CEO, TheMathCompany, said, "The effectiveness of AI/ML solutions depends solely on the ability to design and assemble systems for gathering, storing, and analyzing data at scale. Being recognized as a Leader in AIM's PeMa Quadrant 2023 for Data Engineering Services and winning the Data Engineering Award is a testament to MathCo's robust data engineering capabilities and our long-standing commitment to creating self-sufficient, full-stack solutions."

Bhasker Gupta, Founder and CEO, Analytics India Magazine, said, "This recognition is a testament to the hard work and dedication of TheMathCompany, who have relentlessly focused on delivering best-in-class data engineering solutions to their clients. The company's expertise, combined with its cutting-edge technology stack and agile methodologies, has allowed them to stay ahead of the curve in a rapidly evolving industry. The company is committed to driving innovation and excellence in data engineering and understands that data is modern businesses' lifeblood. Whether it is building scalable data pipelines, optimizing data architectures, or intelligent automation of pipelines, TheMathCompany is capable of providing unique solutions by understanding well their customer's needs." 

Based in Illinois, TheMathCompany was founded in 2016 by industry leaders, Sayandeb Banerjee, Aditya Kumbakonam, and Anuj Krishna. The company has more than 50 Fortune 500 companies as clients across industry verticals like consumer-packaged goods, retail, pharma, automotive, technology, and manufacturing industries in the US, UK, and EU. Its proprietary flagship platform Co.dx helps businesses solve problems through low-code, custom artificial intelligence applications. With a team comprising scientists, data engineers, visualization experts, consumption specialists as well as analysts and consultants, TheMathCompany goes beyond what traditional consultancies, pure-play service providers, and information technology services providers offer in terms of data insights to solve specific problems for companies.

In 2022, the company raised USD 50 million in a funding round led by Brighton Park Capital, an investment firm that specializes in collaborating with growth-stage software, healthcare, and tech-enabled services businesses.

About TheMathCompany

TheMathCompany is a global data analytics and engineering firm that partners with Fortune 500 and equivalent organizations to enhance their analytics capabilities, using IP-led assets, talent, and processes to deliver accelerated and human-centric solutions. TheMathCompany has been recognized as one of the fastest-growing data analytics and engineering firms in the world and has been featured among global high-growth firms by Nikkei-FT-Statista's Growth Champions list. Other recognitions include being ranked as the fastest-growing company in Inc.5000, 2022 list, Great Place to Work® Certified™, India, July 2022-23, Honorary mention under D&A specific service providers in 2022 Gartner® Magic Quadrant™ for Data and Analytics Service Providers Report, and the Everest Group's PEAK Matrix® Assessment 2021. Providing a holistic range of services across data engineering, science, and unique project delivery, the company is disrupting the analytics industry. For more information about TheMathCompany, please visit

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Media contact details:

Chandni Bose, TheMathCompany,, +91-7710835967