Business Analytics Market Growing at 10.3% CAGR Globally to 2019

Business Analytics Market by Software by Deployment Type, End User, Vertical and Geography – Global Forecast to 2019. New research report available at RnRMarketResearch.com.

(PRWEB) March 19, 2015

The Business Analytics Market is getting a hold globally due to the increasing demand by businesses to get insight from the huge volume of data. These data are arising due to the activities of the customers, products, competitors and through various digital channels involved in business giving rise to the big data trend. All this helps business to reduce gaps in the business processes by reducing errors and chances of failures. Complete report is available at http://www.rnrmarketresearch.com/business-analytics-market-by-software-query-reporting-and-analysis-tools-content-analytics-data-warehousing-platform-and-others-by-deployment-type-by-end-user-by-vertical-and-by-geography-market-report.html .

In the market segment of Business Intelligence and Analytic Tools, SAP leads the position with a 17 % market share, even if the growth rate is less than the market average. Among the top 5 vendors, Tableau Software holds the place for fastest growth rate with 84% in 2013 which is now 1.7% of the market share. There are very minimal chances to find changes in vendor ranking in the market of business intelligence and analytic tools, but Tableau seems to be an exception with the jump of sixth largest vendor for intelligence and analytic tools in 2014.

Business Analytics Market plays an important role in helping organizations to automate their various business operations and thus reduce risks related to the errors in business operations such as supply chain management, marketing management, human resource management and others. In the last five years, IBM was one of the most active vendors in the sector of business analytics and big data spaces with the investment of more than $14 billion in acquisitions. IBM is empowering its business analytics solutions with an investment in SPSS, Clarity, OpenPages, i2 and Algorithmics and others to provide capabilities for controlling fraud, risk and threat. Companies profiled in this research report are Oracle, SAP SE, IBM, SAS Institute, Microsoft Corporation, Infor, Tibco, Tableau Software, Informatica, and Microstrategy. Order a copy of this research report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=310466 .

The increasing need for customer analytics, increasing big data trends and increasing need to analyze the change in business environment are clearly driving the Business Analytics Market globally. In the sector of Data Warehouse Platform, Oracle continued its leading position with 31% share and 4% growth rate in 2013. It was followed by the persistent data warehousing market leaders such as IBM, Microsoft, and Teradata. Although, in terms of performance SAP has the greatest growth rate in recent years, which is now 7.5% of the data warehouse platform market. Amazon and EMC are currently holding small market share, but showed an outstanding growth rate in 2013. Both vendors are supplying the greater demand in cloud-based data warehousing.

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