Jsb Market Research : Business Intelligence Platform Market by Deployment , by Industry - Global Forecasts to 2019

Business Intelligence Platform Market by Deployment (Cloud, On-Premise), by Industry (Healthcare, Retail, Government, BFSI, Telecom & IT, Media & Entertainment, Education, Energy & Power, Manufacturing, Others) - Global Forecasts to 2019

Released On 6th February 2015

With continual businesses going on over the years, large amount of data has been generated among the organizations. For these organizations, suitably maintaining this vast amount of data is of utmost importance. To cater to this, companies are expansively considering the usage of the business intelligence platform to efficiently understand and analyze this large amount of data. This in turn would help them take timely business decisions, and also enhance their overall business value. Further, these business intelligence and analytics solutions expansively facilitate business organizations derive useful insights from this structured and unstructured data present with them, and eventually help them stay competitive in the market.

The enterprises and Small and Medium Businesses (SMBs) are largely considering the business intelligence platform in order to cost-effectively build certain analytics and business intelligence solutions which would specifically cater to their individual business needs.

Through comprehensive data analysis, these solutions also help organizations to solve their various business problems.

Increase in data generation, affordability, low cost of data storage, increasing competition, need to take better business decisions, analytics, and mobile business intelligence—are some of the factors driving the adoption of business intelligence platforms. On the other hand, complexity of technology and lack of skilled workforce are some of the restraining factors hindering the growth of the business intelligence platform market.

North America, Europe, and Asia-Pacific have the highest adoption and usage market of business intelligence platforms. The regions of Latin...