IBM Corporation introduced new software IBM Business Analytics Enterprise to give companies the instruments they need to support data-driven decision-making by removing data and analytics silos and enabling clients to execute analytics anywhere. Further, it has algorithms that can suggest role-based material to assist users in finding new stories, and it is made to let users access planning and analytics dashboards from numerous suppliers.
ALTERYX, Inc. acquired Trifacta to identify new possibilities to target new data and cloud transformation efforts that serve the needs of the whole organization, from data analytics teams and IT/technology teams to line-of-business users.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3926
Published Date: Jan 12, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing amount of data generation across the globe and the growing mergers and acquisitions are the major factors driving the growth of the market.
The market size of predictive analytics is anticipated to attain a CAGR of 25% over the forecast period, i.e., 2024-2036.
The major players in the market are Biofourmis Inc., Oracle Corporation, SAP SE, SAS Institute, Microsoft Corporation, ALTERYX, Inc., CyberLabs, Verimos, Inc., and others.
The BFSI segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.