DUBLIN--(BUSINESS WIRE)--The "Business Analytics Software Market by Deployment Model, End User, and Application - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to Research and Markets' offering.
Business analytics software conducts predictive analysis to derive decision-making inputs and insights through the application of statistical tools and methods in business performance data. It analyses business data and information through continuous investigation and exploration of historical business performance data to obtain decisive insights for business planning.
A business analytics software helps an organization to optimize business operations and facilitates strategic decision-making. The outputs are mostly used by financial analysts, managers, security personnel, and key decision-makers of organizations. The demand for cloud-based business analytics software is increasing among small- & medium-sized enterprises due to its low cost and enhanced usability.
The growth of the business analytics software market is driven by increase in adoption of predictive analytics software by large & small organizations to gain strategic and competitive advantage over competitors. In addition, ability of business analytics software to deliver better & faster decision-making and to provide competitive advantage by analyzing and acting upon information in a timely manner propel the growth of the market. However, budget constraints in small- & medium-sized businesses to provide effective data warehousing and lack of skilled and proficient workforce limit the growth of this market. Conversely, emerging trends such as social media analytics & text analytics and increase in future need to gain insights for business planning are expected to provide numerous opportunities for this market to grow.
Key Market Players
- Oracle Corporation
- SAS Institute Inc.
- SAP SE
- International Business Machines (IBM) Corporation
- Microsoft Corporation
- Adobe Systems Incorporated
- Tableau Software.
- Salesforce.com, Inc.
- QlikTech International AB
- Fair Isaac Corporatio
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Global Business Analytics Software Market, by Deployment Model
5 Business Analytics Software Market, by End User
6 Global Business Analytics Software Market, by Application
7 Business Analytics Software Market, by Region
8 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/4l3fjr/business