DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7n8q7t/business) has announced the addition of the "Business Intelligence Platform Market by Deployment, by Industry - Global Forecasts to 2019" report to their offering.
The overall business intelligence platform market size is expected to grow from $8.9 billion in 2014 to $14.21 billion in 2019, at an estimated CAGR of 9.7%.
The business intelligence platform can be understood as a software platform which provides the IT developers with infrastructure and architecture required to develop, deploy, and execute business intelligence solutions. Businesses today generate huge amount of unstructured data and they look for solutions which can handle this data and transform it into useful and meaningful insightswhich can help them to take better decisions and enhance the overall business value. Companies have to spend huge amount of money on these business intelligence solutions, and this has acted as a restraint to the adoption of these solutions among SMBs and large enterprises.
Business intelligence platform provides the companies with infrastructure required to develop solutions for specific business problems, and help them take better business decisions via timely, precisely, and more comprehensive analysis of the available information at an economical and affordable price. Business intelligence platform has made it affordable for SMBs to use business intelligence solutions in order to improve the overall business efficiency and stay competitive in the market.
Increase in data generation, low cost of data storage, affordability, increasing competition, the need to take better business decisions, analytics, and mobile business intelligence-are some of the factors driving the adoption of business intelligence platforms. Complexity of technology and lack of skilled workforce are some of the factors hindering the growth of the business intelligence platform market. Integration of business intelligence and analytics solutions with marketing channels, and cloud based deployment offer new opportunities to the vendors. Finding the right data, competition from big software companies, and a lot of vendors offering big data and analytics solutions are some of the challenges being faced by the vendors.
The study is done to understand the structure of the business intelligence platform ecosystem and is intended to help the business intelligence platform providers, IT developers, and independent software vendors to better serve their clients - SMBs and large enterprises. The overall market size in this study has been defined as the revenues generated by the business intelligence platform providers in the form of license fees from SMBs and large .The overall business intelligence platform market size has been further segmented into industry verticals which include healthcare, retail, government, BFSI, telecom & IT, media & entertainment, education, energy & power, manufacturing, and others such as hospitality; transportation; real estate across various regions, namely North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
Key Topics Covered:
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Business Intelligence Platform Market Size, By Deployment
8 Business Intelligence Platform Market Size, By User Type
9 Business Intelligence Platform Market, By Industry
10 Geographic Analysis
11 Competitive Landscapes
12 Company Profiles
- IBM Corporation
- Micro strategy Incorporated
- Microsoft Corporation
- Oracle Corporation
- Pentaho Corporation
- QLIK Technologies Inc.
- SAS Institute, Inc.
- Sap Ag
- Tableau Software, Inc.
- Tibco Software, Inc.
For more information visit http://www.researchandmarkets.com/research/7n8q7t/business