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Global Business Intelligence Market 2016-2020 - Expected to Grow at a CAGR of 10.38% - Research and Markets

[February 05, 2016]

Global Business Intelligence Market 2016-2020 - Expected to Grow at a CAGR of 10.38% - Research and Markets

Research and Markets (http://www.researchandmarkets.com/research/b7zwg8/global_business) has announced the addition of the "Global Business Intelligence Market 2016-2020" report to their offering.

The global BI market is expected to grow at a CAGR of 10.38% during the period 2016-2020.

BI is a combination of tools and techniques used to transform raw data into meaningful information for the critical business decision-making process. It helps users to analyze data, receive information from various channels or business activities, and use the information in organizational opportunities and to improve business efficiency.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, many organizations are adopting data analytics to understand consumption patterns, new customer acquistion, and various other factors to increase revenue, save costs, and maintain customer loyalty. Data analytics with the help of BI can be used to acquire customer information and details about their buying behavior.

The market is divided into the following segments based on technology: