Press release
Global Business Intelligence Market to Witness Dynamic Shift from On-premise Deployment to Cloud-based Deployment in Near Future
Some of the key factors to have positively influenced the overall growth prospects of the global business intelligence market include the increasing usage of social media platforms as a way to reach to consumers and gather essential information about their purchasing habits and other rich data. The vast rise in business data gathered from enterprise applications and mobile devices integrated into business networks are also leading to the increased need for effective business intelligence tools as a way of optimizing growth strategies, identifying growth opportunities for businesses, and discovering weak links.
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From a geographical perspective, the market for business intelligence is presently dominated by North America. The region houses some of the world’s leading vendors operating in the field of business intelligence, along with Microsoft, which unanimously continues to hold a significant share in the global market through products such as the Microsoft Office and Microsoft Excel. The market in Asia Pacific is poised to exhibit growth at a promising pace in the near future owing to the presence of a large number of small and medium sized enterprises and technology companies.
The report states that the market also has robust growth opportunities owing to the increased demand for mobile and social media business intelligence solutions. These opportunities could allow new entrants enough scope for strengthening their base before moving on to the global market.
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The report presents a detailed overview of the completive landscape of the global business intelligence market. The report profiles some of the leading vendors in the market, presenting before the reader a comprehensive overview of the level of competition.
Some of the key vendors operating in the market are Infor Global Solutions Inc., Microsoft Corporation, IBM Corp., Adaptive Planning, SAS Institute Inc., Birst, Cloud9 Analytics, Actuate Corporation, Indicee Inc., Tibco Software, Informatica, Panorama Corp., Information Builders, Oracle Corp., Jaspersoft, Microstrategy, Google Inc., SAP and Tableau Software.
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About TMR Research
TMR Research is a premier provider of customized market research and consulting ser-vices to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
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