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Augmented Analytics Market Growth, Analysis, Outlook by 2019 - Trends, Opportunities and Forecast to 2025 | IBM, Logi Analytics, Looker, Microsoft Corporation, MicroStrategy, Oracle, Pyramid Analytics, Salesforce, SAP

11-15-2019 10:51 AM CET | IT, New Media & Software

Press release from: Global Market Insights

Augmented Analytics Market

Augmented Analytics Market

Augmented analytics market will assist the manufacturing sector by helping them visualize the data and offering them with actionable insights related to the product before its production. It is used in the IT sector for processing data and embedding the results. It allows businesses to monetize on hundreds of data sources in real-time and uses it for the growth of the business by using tracking and reports.

The augmented analytics market is characterized on the basis of technologies into machine learning and natural language generation. Machine learning is used to understand data by itself without depending on rule-based programs. Natural language generation helps to convert the result of data analysis into language that humans can easily understand. It simultaneously uses machine learning and natural language generation mechanisms to generate automated results that are data-oriented and detailed.

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In the industrial sector, augmented analytics market is bringing about a fundamental shift by providing companies with detailed and real-time insights into various manufacturing tenancies. For instance, it provides a clear understanding of the reasons associated with the decline in sales. It automatically analyzes all the potential parameters that can impact the decrease in sales, such as employee performance details, not limited to parameters including price and quality of the product alone.

The North America region has dominated the augmented analytics industry due to the rapid adoption of various new & innovative emerging technologies, particularly in the U.S. Technology players, such as Oracle and Microsoft, have also been investing highly in various R&D activities to further accelerate the advances of the augmented analytics landscape. The strong financial condition of the companies in the region is allowing the investment in augmented analytics solutions to increase their operational efficiency.

The Asia Pacific augmented analytics market will grow significantly over the projected time span due to the widespread digitalization across various industry verticals. The rising need among the regional companies to better compete with their western counterparts has been driving the usage of augmented analytics solutions in the region.

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Some of the top players in the augmented analytics market are Birst, Board International, IBM Corporation, Logi Analytics, Looker, Microsoft Corporation, MicroStrategy, Oracle, Pyramid Analytics, Salesforce, SAP SE, SAS, Sisense, Tableau Software, Tibco Software, Qlik, and Yellowfin.

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Arun Hegde
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Global Market Insights, Inc.
Phone: 1-302-846-7766
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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, Application, renewable energy and bio Application.

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