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Global Advanced Analytics Market to Reach US$ 13,500 Mn by 2022 - FMIVALLEY COTTAGE, New York, October 5, 2017 /PRNewswire/ -- Future Market Insights (FMI) has offered an exhaustive analysis on the global advanced analytics market, for the forecast period 2017 to 2022, in its one of the recent research reports. FMI's report projects the global market for advanced analytics to reflect a steady 5.5% CAGR through 2022. Revenues from the global advanced analytics market will exceed US$ 13,500 Mn by 2022-end. (Logo: http://photos.prnewswire.com/prnh/20161020/430874LOGO ) Advanced Analytics to Witness Huge Demand for Addressing Diverse Business Requirements Adoption of advanced analytics solutions has witnessed a considerable surge over the recent past, with increased demand for addressing diverse business requirements. With increasing competition, businesses are focusing on rapid expansion for gaining higher market shares along with retaining their customers. These businesses require intelligence, which will help in predicting future scenarios, identifying opportunities, improving processes and anticipating problems. Advanced analytics helps in meeting all these business requirements by analysing structured as well as unstructured data. A number of niche players are entering the market with the provision of advanced analytics solutions at a relatively lower costs, which in turn has fuelled the adoption of these solutions. In addition, several medium- and small-sized industries are now offering updated services & solutions to optimise business efficiency at low costs. The introduction of advanced analytics is helping various organisation in incorporating efficient techniques including big data analytics, location intelligence, and data mining. The organisations are able to extract valuable information, and make better business decisions. Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-5087 Key Takeaways from FMI's Report on Global Advanced Analytics Market
Vendors being Encourages to Integrate Analytics Solutions with Technically Advanced Features Several enterprises in the market viewed advanced analytics to be an expensive technique. However, this perception is witnessing a rapid transformation, as enterprises are realising the advantages of analytics in developing market strategies that are customer-oriented. This is further encouraging vendors to integrate these solutions with technically advanced features. Key companies profiled by FMI's report, who are actively contributing to expansion of the global market for advanced analytics, include CA Technologies, Oracle Corp., Teradata Corporation, Infor Inc., SAS Institute Inc., Microsoft Corp., Intel Corp., and IBM Corporation. Preview Analysis on Advanced Analytics Market: APEJ to Remain Most Lucrative Market for Advanced Analytics: Global Industry Analysis & Opportunity Assessment (2017 - 2022): https://www.futuremarketinsights.com/reports/advanced-analytics-market More from FMI's Reports:
About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. Browse More Electronics, Semiconductors, and ICT
SOURCE Future Market Insights |