Business intelligence and analytics is a tool which analyze, optimize and manage exponential surge in data and streamline the business process of organizations. All these functions with single console helps organizations to evaluate right data at right time to analyze changing customer preferences and monitor performance of resources. Hence all the industry vertical are adopting this tool. and Customized solutions to fulfill need of specific department or process is driving the market. In addition, increasing applications in healthcare, media and entertainment and others, increasing adoption of cloud, growth of advanced analytics, evolving big data and emergence of location and social based business intelligence analytics will grow the market potentially for the forecasted period.
Rising Adoption of Location Based Business Intelligence and Rising Acceptance of Mobile Business Intelligence and Analytics
Rising Demand for Cloud-Based Deployment and Availability of Customized Business Intelligence and Analytics Solutions
Emerging Social Business Intelligence and Analytics Market and Developing Big Data
The Players Covered in the Study are:
IBM Corporation (United States), Information Builders Inc. (United States), Microsoft Corporation (United States), Micro Strategy (United States), Oracle Corporation (United States), SAS Institute, Inc. (United States), Tableau Software, Inc. (United States) and Tibco Software (United States)
List of players that can be included in the study on immediate basis are SAP AG (Germany) and Qlik Technologies, Inc. (United States).