Press release
Visual Analytics Market Deployment Model and Research Analysis 2019: Tableau Software, SAP SE, Qlik Technologies, TIBCO Software, ADVIZOR Solutions Pvt. Ltd
Visual Analytics Market
Technology is projected to be the key driver of retail industry transformation. The success of the industry participants highly depends upon the relentless focus on the application of various technologies for enhancement of the value-added services to consumers. The following disruptive technologies have played a critical role in the transformation of retail and adoption of artificial intelligence: the Internet of Things (IoT), autonomous vehicles (AV)/drones, robotics, augmented reality (AR)/virtual reality (VR), digital traceability, 3D printing, and blockchain. Over the next ten years, all of these technologies are expected to attain significant maturity in the retail industry, creating an unprecedented level of disruption.
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Visual analytics to witness robust growth in its Asia Pacific Market
APAC region presents a huge opportunity for the visual analytics market. Several companies in the region are already having a vision and strategy for the implementation of visual analytics solutions in the next coming years; whereas, numerous enterprises are still under planning phase. The region is considered as the growth engine for the visual analytics market with countries like China, India, Japan, Singapore, growing remarkably technology wise. The region has become a global manufacturing hub with the presence of diverse manufacturing industries. Among China's evolution into a high-skilled manufacturing hub, other developing countries such as China, India, South Korea, Taiwan, and Vietnam among others are attracting several businesses that are in a quest to relocate their low to medium skilled manufacturing facilities to neighbouring countries, offering lower labour cost. The Asia-Pacific region is expected to drive the growth of visual analytics market in the coming years.
Company Profiles
• Tableau Software
• SAP SE
• Qlik Technologies
• TIBCO Software
• ADVIZOR Solutions Pvt. Ltd
• SAS Institute
• Oracle Corporation
• MicroStrategy
• IBM Corporation
• Alteryx, Inc.
Strategic Insights
New product development was observed as the most adopted strategy in the global visual analytics market. Few of the recent strategies by some of the players in visual analytics market landscape are listed below-
• 2018: Alteryx announced the opening of its new office in France. With this expansion, the company boost the growth and offers its analytical solution to its customers present in Southern Europe namely: Renault and Caisse d'Épargne.
• 2018: Oracle announced the opening of new innovation lab in Deerfield, Ill for exploring the digital transformation and latest technologies. This new Construction and Engineering Innovation Lab permits the users to interact with pioneering solutions which includes visualization, autonomous vehicles, connected devices, drones, augmented reality, and artificial intelligence tools.
• 2018: Tableau Software partnered with Swinburne University for launching a course related to data visualization and business analytics. Through this partnership the university enhances the digital literacy of students and thus, successfully reducing the analytics skills gap by promoting analytics technology.
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