Global Business Intelligence (BI) and Analytics Platforms Market 2018-2022
|出版商||TechNavio (Infiniti Research Ltd.)||商品編碼||295873|
|出版日期||內容資訊||英文 122 Pages
|商業智慧(BI)及分析平台的全球市場:2018年∼2022年 Global Business Intelligence (BI) and Analytics Platforms Market 2018-2022|
|出版日期: 2018年11月09日||內容資訊: 英文 122 Pages||
The growth in the medical tourism industry is identified as one of the key trends that will gain traction in the market for the next four years. Business analytics help doctors to club the data into electronic dashboards. This simplifies the decision processes. The implementation of business analytics in this industry reduces administrative costs and prevents unauthorized transactions in medical billing. Technavio's analysts have predicted that the business intelligence (BI) and analytics platforms market will register a CAGR of almost 8% by 2022.
The implementation of business analytics helps companies to improve the productivity of business with the help of predictive mechanisms and risk-averting models. Business intelligence and analytics enables them to reduce the failure and error rates that takes place during the development of new categories of products and services.
A predictive model is vulnerable to security attacks as it has access to all the sensitive data of an organization. This leads to costly insurance claims, expensive lawsuits, and reduces the brand loyalty.
For the detailed list of factors that will drive and challenge the growth of the business intelligence (BI) and analytics platforms market during 2018-2022, view our report.
The market appears to be fragmented with the presence of many companies. Factors such as the growth in the medical tourism industry and rising need to improve the business efficiency, will provide considerable growth opportunities to business intelligence (BI) and analytics platforms manufacturers. IBM, Microsoft, Oracle, SAP, SAS Institute, and TABLEAU SOFTWARE are some of the major companies covered in this report.