Top 10 First Principles Alternatives & Competitors

First Principles is a data science agency established in 2019, based in India. The company specializes in helping businesses solve complex, cross-functional challenges using data science and AI techniques. With a focus on actionable solutions that drive performance, they cater to various industries looking to implement data-driven strategies.

Below are 10 agencies, including Informulate, Polosoft Technologies, Keplercode, Malvas, MindGap, BSBI Consultancy Solutions, Quosphere – A Technology Company, Modex Analytics, Northwood Consulting, Delv Global:

Top 10 Alternatives to First Principles by 7BE

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  • Informulate

    Custom software and digital product development

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    Pros:

    Established brand with strong reputation
    Offers high-quality custom software solutions
    Access to larger team for diverse projects

    Cons:

    Higher minimum project size than First Principles
    Hourly rate is significantly higher
    Limited geographic reach compared to First Principles

    $100 - $149

    10 - 49

    Founded in 2006

    $50,000+

    Orlando

    Verified

    Focus

    50% Custom Software

    50%50% Custom Software

    5%5% BI & Big Data Consulting & SI

    5%5% Cloud Consulting & SI

    5%5% IT Staff Augmentation

    5%5% IT Strategy Consulting

    5%5% Artificial Intelligence

    5%5% eCommerce

    5%5% Application Testing

    5%5% Enterprise App Modernization

    5%5% Application Management & Support

    5%5% Business Consulting

  • Polosoft Technologies

    Digital Transforming Ideas Into Reality

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    Pros:

    Lower minimum project size attracts diverse clients
    Affordable hourly rates for small businesses
    Versatile tech stack for innovative solutions

    Cons:

    Lacks the same level of established reputation
    U.S. clients may find communication challenges
    Smaller team results in less bandwidth for projects

    $25 - $49

    50 - 249

    Founded in 2016

    $1,000+

    Essex

    Verified

    Focus

    30% Custom Software

    30%30% Custom Software

    10%10% UX/UI Design

    10%10% Artificial Intelligence

    10%10% Internet of Things

    10%10% Application Management & Support

    10%10% Business Consulting

    5%5% BI & Big Data Consulting & SI

    5%5% Cloud Consulting & SI

    5%5% eCommerce

    5%5% Architectural Design

  • Keplercode

    Keplercode

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    Pros:

    Very competitive minimum project size
    Affordable hourly rates suitable for startups
    Strong focus on client needs and custom solutions

    Cons:

    Limited brand recognition compared to others
    Location in Ukraine may pose timezone issues
    Smaller team may lack certain expertise

    $25 - $49

    10 - 49

    Founded in 2017

    $5,000+

    L'viv

    Verified

    Focus

    20% Custom Software

    20%20% Custom Software

    10%10% Cloud Consulting & SI

    10%10% Internet of Things

    10%10% Application Testing

    10%10% Cybersecurity

    10%10% Business Consulting

    5%5% BI & Big Data Consulting & SI

    5%5% IT Managed Services

    5%5% IT Strategy Consulting

    5%5% Artificial Intelligence

    5%5% Content Marketing

    5%5% Corporate Training

  • Malvas

    IT team on demand

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    Pros:

    Lower minimum project size opens opportunities
    Rapidly growing team for scalable solutions
    Strong capabilities in various IT domains

    Cons:

    Relative new player in the market
    May lack brand trust compared to established firms
    Could have limited resources for large projects

    $25 - $49

    10 - 49

    Founded in 2019

    $1,000+

    Kyiv

    Verified

    Focus

    45% Custom Software

    45%45% Custom Software

    5%5% UX/UI Design

    5%5% BI & Big Data Consulting & SI

    5%5% Web Design

    5%5% IT Staff Augmentation

    5%5% IT Managed Services

    5%5% Artificial Intelligence

    5%5% Digital Strategy

    5%5% eCommerce

    5%5% Branding

    5%5% Enterprise App Modernization

    5%5% Business Consulting

  • MindGap

    Unleash the power of your data with Strategic AI

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    Pros:

    Expertise in strategy consulting and AI
    Competitive project size and hourly rate
    Small team allows for personalized service

    Cons:

    Geographic limitations as a UK-based agency
    May lack expansive technology offerings
    Smaller team may limit project scope

    $50 - $99

    2 - 9

    Founded in 2019

    $5,000+

    London

    Verified

    Focus

    50% Artificial Intelligence

    50%50% Artificial Intelligence

    30%30% BI & Big Data Consulting & SI

    20%20% Business Consulting

  • BSBI Consultancy Solutions

    Total Business Insight for Greater Success

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    Pros:

    Combination of IT recruitment and consultancy
    Good reputation in the London market
    Provides comprehensive business solutions

    Cons:

    Minimum project size may deter small clients
    Hourly rates can be limiting for startups
    Focus on London may limit broader outreach

    $50 - $99

    10 - 49

    Founded in 2014

    $5,000+

    Watford

    Verified

    Focus

    50% BI & Big Data Consulting & SI

    50%50% BI & Big Data Consulting & SI

    30%30% Artificial Intelligence

    20%20% Business Consulting

  • Quosphere – A Technology Company

    Helping you Disrupt and not be Disrupted

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    Pros:

    Tech agnostic approach favors development flexibility
    Established presence in India with international reach
    Affordable project size and hourly rates

    Cons:

    Competes in a crowded market in India
    Not as specialized in B2B compared to First Principles
    May lack the same deep data expertise

    $25 - $49

    50 - 249

    Founded in 2011

    $5,000+

    Mumbai

    Verified

    Focus

    30% UX/UI Design

    30%30% UX/UI Design

    15%15% BI & Big Data Consulting & SI

    15%15% Artificial Intelligence

    15%15% Business Consulting

    10%10% Internet of Things

    10%10% Application Management & Support

    5%5% IT Managed Services

  • Modex Analytics

    Turn ideas into data-driven reality

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    Pros:

    Focus on data analytics aligns with industry trends
    Established in Netherlands which holds tech value
    Strong project understanding with senior management

    Cons:

    Higher minimum project size compared to First Principles
    Potentially limited resources if scaling up
    Could face challenges in terms of custom solutions

    $50 - $99

    10 - 49

    Founded in 2016

    $10,000+

    Den Haag

    Verified

    Focus

    80% BI & Big Data Consulting & SI

    80%80% BI & Big Data Consulting & SI

    10%10% Artificial Intelligence

    10%10% Business Consulting

  • Northwood Consulting

    Where strategy meets execution

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    Pros:

    Incredibly cost-effective hourly rate
    Focus on strategy execution with strong direction
    Good fit for smaller projects with limited budgets

    Cons:

    Not established in the consulting space
    May not have deep data science expertise
    Limited services for larger B2B needs

    < $25 / hr

    10 - 49

    Founded in 2017

    $1,000+

    Sri Jayawardenepura Kotte

    Verified

    Focus

    15% Custom Software

    15%15% Custom Software

    10%10% BI & Big Data Consulting & SI

    10%10% Web Design

    10%10% Artificial Intelligence

    10%10% Search Engine Optimization

    10%10% Social Media Marketing

    10%10% Business Consulting

    10%10% Non-Voice BPO & Back Office Services

    10%10% Finance & Accounting Outsourcing

    5%5% IT Strategy Consulting

  • Delv Global

    Data driven solution delivery in finance.

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    Pros:

    Strength in data solutions for finance sector
    Established in U.S. with a good reputation
    Expert consulting for specific industry

    Cons:

    Undisclosed hourly rates could raise concerns
    Minimum project size unknown makes it vague
    Less versatility in project types compared to others

    Undisclosed

    10 - 49

    Founded in 2007

    $1,000+

    New York City

    Verified

    Focus

    25% BI & Big Data Consulting & SI

    25%25% BI & Big Data Consulting & SI

    25%25% Business Consulting

    15%15% Cloud Consulting & SI

    10%10% IT Strategy Consulting

    5%5% Artificial Intelligence

    5%5% Blockchain

    5%5% Application Testing

    5%5% CRM Consulting and SI

    5%5% ERP Consulting and SI


Comparisons

Cost of services

  • First Principles has a lower minimum project size of $10,000 compared to Informulate's $50,000.

  • With an hourly rate of $50-$99, First Principles is more affordable than Informulate and comparable to both MindGap and Modex Analytics.

  • First Principles has a competitive hourly rate in the $50-$99 range when compared to other similar agencies like BSBI Consultancy Solutions.

Geography

  • Operating in India, First Principles offers competitive services close to other emerging markets like Ukraine and Sri Lanka.

  • Competing with local agencies like Quosphere, First Principles benefits from a growing tech landscape in India.

  • As the only company from India in this comparison, First Principles provides a unique perspective for clients needing solutions from Asian markets.

Technologies

  • First Principles focuses on data science and AI, which is a growing trend across the industry amidst competitors like MindGap also emphasizing AI solutions.

  • Compared to Polosoft Technologies, which has a versatile tech stack, First Principles strictly excels in data science applications.

  • First Principles utilizes standard industry technologies that align closely with the digital needs of businesses, similar to Modex Analytics' approach.


Recommendations

  • Launching on a limited budget

    Consider Polosoft Technologies or Malvas for lower project sizes starting from $1,000, ideal for startups and smaller enterprises.
  • Collaborating with U.S.-based agencies

    Informulate or MindGap would be suitable due to their strong reputations and established presence in the U.S. market.
  • Looking for long-term digital partnership

    Choose Modex Analytics or BSBI Consultancy Solutions for ongoing projects as they offer scalable solutions and experienced teams.
  • Requiring niche B2B industry expertise

    Delv Global specializes in financial analytics and is apt for clients needing deep industry-specific insights.
  • Solving business problems with custom solutions

    First Principles and Keplercode excel in custom data science-led solutions, making them ideal for complex business challenges.

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