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Augmented Analytics Market Size Worth $22.4 Billion by 2025: Grand View Research, Inc.SAN FRANCISCO, Aug. 7, 2019 /PRNewswire/ -- The global augmented analytics market size is expected to reach USD 22.4 billion by 2025, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 25.2% from 2019 to 2025. Data has become one of the most critical assets for any organization. Every organization's progress depends on how correctly the data resources are being used. Key suggestions from the report:
Read 111 page research report with TOC on "Augmented Analytics Market Size, Share & Trends Analysis Report By Enterprise Size, By Component (Software, Services), By Deployment Type, By Industry Vertical, By Region And Segment Forecasts, 2019 - 2025" at: https://www.grandviewresearch.com/industry-analysis/augmented-analytics-market To ensure that data resources are appropriately used, enterprises are depending on data scientists, which are rare resources, to get actionable insights. This has driven the adoption of augmented analytics among organizations, which eliminates the dependency on data scientists. The augmented analytics technology allows enterprises to get consistent data with fewer errors in lesser time. It also accelerates data preparation and discovery with the help of advanced tools such as machine learning and artificial intelligence. In addition, it eliminates the requirement of any technical person to write algorithms for creating data analysis models that can determine insights The field of data analytics has evolved significantly in recent years. The increasing requirement of data scientists to analyze massive volumes of data to derive actionable insights has generated the need for augmented analytics. The technology automates the data science steps and analysis used in the process of advanced analytics, thereby providing actionable insights from data. This is done by using linguistic and statistical technologies to break down big data into small chunks that are more usable. The augmented analytics technology has helped in delivering more detailed and relevant insights from the copious amount of data stored within an organization or generated during everyday operations and procedures. Factors such as rising demand of intelligent business tools in the field of data analytics, increasing adoption of smart discovery tools for business users, rising need for an increase in productivity, and the growing adoption of technology across diversified industry verticals are propelling the growth of the augmented analytics market. Grand View Research has segmented the global augmented analytics market on the basis of enterprise size, component, deployment type, industry vertical, and region:
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Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg |