What is Advanced Analytics Platform Market?
The advanced analytics platform helps to analyze any data set using sophisticated techniques and tools with ease. These platforms can help drive innovative business decision making. It gives deeper insights into data, turning that data into actionable information. The factors such as Increasing Demand for Analytical Solutions in the Retail Sector and Rise in the Need to Address Vertical Specific Challenges are driving the global advanced analytics platform market. However, Increasing use of Advanced Analytics Platform for Demand Forecasting also fueling the matket growth.
The market study is being classified and major geographies with country level break-up.
Microsoft (United States), Oracle Corporation (United States), Google (United States), IBM (United States), Vertica Systems (United States), Signals Analytics (United States), Sisense (Israel), Actuate Corporation (United States), Dataiku (United States), DataRobot, Inc. (United States), Dell (United States), FICO (United States), Informatica (United States) and Information Builders (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Izenda (United States), Netcracker Technology (United States), Looker (United States) and Megaputer Intelligence Inc. (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Advanced Analytics Platform market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Advanced Analytics Platform market by Type, Application and Region.
On the basis of geography, the market of Advanced Analytics Platform has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Analytical Solutions in Retail Sector
- Rise in the Need to Address Vertical Specific Challenges
- Increasing use of Advanced Analytics Platform for Demand Forecasting
- Technological Complexities Associated with Advanced Analytics Platform
- Growth in the E-commerce Industry
- Increasing Demand from End-users
- Lack of Skilled IT Professionals
Key Target AudienceAdvanced Analytics Platform Developers, Emerging Companies, Research Professionals and End-users
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