DUBLIN--(BUSINESS WIRE)--The "Global Business Intelligence (BI) and Analytics Platforms Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The business intelligence (BI) and analytics platforms market will register a CAGR of almost 8% by 2022.
The growth in the medical tourism industry is identified as one of the key trends that will gain traction in the market for the next four years. Business analytics help doctors to club the data into electronic dashboards. This simplifies the decision processes. The implementation of business analytics in this industry reduces administrative costs and prevents unauthorized transactions in medical billing.
Rising Need to Improve the Business Efficiency
The implementation of business analytics helps companies to improve the productivity of business with the help of predictive mechanisms and risk-averting models. Business intelligence and analytics enables them to reduce the failure and error rates that takes place during the development of new categories of products and services.
Rising Data Privacy and Security Concerns
A predictive model is vulnerable to security attacks as it has access to all the sensitive data of an organization. This leads to costly insurance claims, expensive lawsuits, and reduces the brand loyalty.
Market Trends
- Flourishing Medical Tourism Industry Globally
- Rising Demand for Data Integration and Visual Analytics
- Movement of Big Data to Cloud
Key Players
- IBM
- Microsoft
- Oracle
- SAP
- SAS Institute
- Tableau Software
Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Customer Landscape
8. Market Segmentation by End-User
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/ks6ll7/business?w=4