Press release
Industrial Analytics Market Analysis, Key Company Profiles, Types, Applications and Forecast
Global Industrial Analytics Market
Industrial analytics is the procedure of analysis, collection, and usage of data generated during industrial operations. Industrial analytics is used to measure and address faults to increase uptime and reduce repair costs. Results of analytics are used to support human decisions. Industrial analytics majorly incorporate traditional methods such as data gathering and statistical modeling. Vital applications of industrial analytics across the industrial value chain include research & development, manufacturing process, supply chain, and marketing.
Industrial analytics is the tool that turns machine data into actionable insights, thereby promoting efficient industry operations and business processes. Industry analytics tools use traditional methods of data capture and statistical modelling and pair them with advanced analytics algorithms.
The rising integration of advanced technologies such as Internet of Things and big data are the key growth drivers for the global industrial analytics market.
In the years to come, the demand for industrial analytics may also rise as a result of the adoption of new techniques for data collection in statistical modelling.
Government programmes and actions that support the use of industrial analytics may in the future increase demand for the technology.
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Global Industrial Analytics Market: Major Players
General Electric Company
Tibco Software, Inc.
Oracle Corporation
Alteryx, Inc.
Intel Corporation
Hitachi, Ltd.
Microsoft Corporation
AGT International GmbH
Bridgei2i Analytics Solutions
Cisco Systems, Inc.
PTC, Inc.
International Business Machines Corporation,
Hewlett Packard Enterprise
SAP SE, SAS Institute, Inc.
Global Industrial Analytics Market: By Types
Software
Service
Global Industrial Analytics Market: By Applications
Large Enterprises
Small and Medium-sized Enterprises
Global Industrial Analytics Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Industrial Analytics market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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