Dallas, Texas (PRWEB) December 05, 2013
The cloud is fast becoming an important option for purchasing and deploying the software. Enterprises are increasingly investing in cloud-based offerings for their operational systems. A cloud-based deployment allows the embedding of predictive analytics in the solution. The target systems can be custom or packaged solutions and can be delivered in the cloud or on-premises. Cloud-based deployment is also used to embed 'customer churn' predictions in cloud-customer relationship management. The solutions based on cloud-based predictive analytics are well established in customer relationship management, human resources, and marketing. In addition, cloud-based predictive analytics (http://www.reportsnreports.com/reports/271325-global-predictive-analytics-market-2014-2018.html) is also used in the decision-making process and is known as Decision as a Service. Furthermore, the cloud empowers enterprises to deliver elastic computing power for building predictive analytics models.
Analysts forecast the Global Predictive Analytics market to grow at a CAGR of 30.19 percent over the period 2014-2018. According to the report, one of the major growth drivers in the market is the increasing need of enterprises to remain competitive in the market, which they achieve by implementing predictive analytics in their business processes.
Further, the report states that one of the major challenges is lack of awareness. It is often observed that enterprises are not aware of the potential benefits of implementing predictive analytics in their business processes.
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The report recognizes the following companies as the key players in the Global Predictive Analytics Market: IBM Corp., SAP AG, SAS Institute Inc., and TIBCO Software Inc.
Other vendors mentioned in the report are Angoss Software Corp., KXEN Inc., Megaputer Intelligence Inc., PegaSystems Inc., Pitney Bowes Inc., Revolution Analytics, and StatSoft Inc.
Key questions answered in this report:
1. What will the market size be in 2018 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the key vendors?
7. What are the strengths and weaknesses of the key vendors?
Global Healthcare Data Analytics Market 2012-2016 (http://www.reportsnreports.com/reports/270713-global-healthcare-data-analytics-market-2012-2016.html):
Global Healthcare Data Analytics market to grow at a CAGR of 22.30 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growing need for effectively using patients' information. The Global Healthcare Data Analytics market has also been witnessing the increasing use of cloud computing technology. However, the increasing cost of implementing analytics could pose a challenge to the growth of this market.
The key vendors dominating this market space are MEDai Inc., MedeAnalytics Inc., OptumHealth Care Solutions Inc., and Verisk Analytics Inc.
Other vendors mentioned in the report are Allscripts Healthcare Solutions Inc., Cerner Corp., Hewlett-Packard Co., IBM Corp., McKesson Corp., Oracle Corp., Truven Health Analytics, and VitalSprings Technologies Inc.
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Global SaaS-Based Business Analytics Market 2012-2016 (http://www.reportsnreports.com/reports/269420-global-saas-based-business-analytics-market-2012-2016.html): Analysts forecast the Global SaaS-based Business Analytics market to grow at a CAGR of 24.51 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve efficiency and reduce overall operational costs. The Global SaaS-based Business Analytics market has also been witnessing the emergence of advanced analytics. However, the presence of a large number of open-source analytics vendors could pose a challenge to the growth of this market.
The key vendors dominating this market space are Microstrategy Inc., Oracle Corp., QlikTech Inc., and TIBCO Software.
Other vendors mentioned in the report are Actuate Corp., Adaptive Planning Inc., Bime, Birst Inc., Cloud9 Analytics, Gooddata Corp., Host Analytics, IBM Corp., Indicee, Inc., Infor Global Solutions Inc., Jaspersoft Corp., Microsoft Corp., SAP AG, SAS Institute Inc, Tableau Software, Teradata Corp., and Vmware Inc.
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Global Data Analytics Outsourcing Market 2012-2016 (http://www.reportsnreports.com/reports/268081-global-data-analytics-outsourcing-market-2012-2016.html):
Analysts forecast the Global Data Analytics Outsourcing market to grow at a CAGR of 31.68 percent over the period 2012-2016. One of the key factors contributing to this market growth is the rapid expansion of data. The Global Data Analytics Outsourcing market has also been witnessing the emergence of social analytics. However, the lack of awareness about data analytics could pose a challenge to the growth of this market.
The key vendors dominating this space include Fractal analytics Ltd., Tata Consultancy Services Ltd., WIPRO Ltd., and ZS Associates Inc.
The other vendors mentioned in the report are American Express, Capgemini S.A., Citigroup Inc., Cognizant, Credit Rating Information Service of India Ltd., Eclerx Services Ltd., Evalueserve Ltd., EXL Services Holding Inc., Fractal Analytics Ltd., Genpact Ltd., Mu Sigma Inc., Opera Solutions, Infosys Ltd., TCS Ltd., UBS AG, and WNS Holdings Ltd.
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