BI helps business users to query access to enterprise data and generate information. Providing business users with data display tools and technologies, as well as easy-to-use tools to explore, set up, and prepare data. Companies have started deploying BI tools to obtain larger amounts and types of large data sets and to get more information from the data. BI tools can provide actionable information for everyone, even if they are not smart. This information will help you make informed decisions quickly and provide business solutions. In recent years, big data has become more important in the technology environment. In addition, profitability and ease of use have pushed the BI market into advanced graphics.

The growth of advanced BFSI analytics strengthens the global business intelligence market.

BI provides solutions that financial institutions use in advanced analytics to monitor customer-related resources, such as sales teams and counters, and avoid discrepancies. BI enables financial institutions to analyze large amounts of customer data for customer banking information that can be used to improve products and services. BI's BI tools help customers create their own dashboards to monitor their investments and returns. Enhanced marketing, customer loyalty strategies and the development of new investment and risk reduction strategies are among the factors responsible for adopting BI by vertical BFSI.

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Key Market Segments:

Key Market Players:

The BI ecosystem comprises key vendors, such as Microsoft (US), IBM (US), SAP (Germany), Oracle (US), Tableau (US), SAS Institute (US), Qlik (US), MicroStrategy (US), Information Builders (US), TIBCO Software (US), Pentaho (US), Yellowfin (Australia), Sisense (US), and Panorama (Canada)

By Component:
  1. Platform
  2. Software
  3. Services
By Service:
  • Managed services
  • Professional services
    • Consulting services
    • Deployment and integration
    • Support and maintenance
By Data Type:
  • Unstructured
  • Semi-structured
  • Structured
By Application:
  1. Predictive asset maintenance
  2. Fraud detection and security management
  3. Supply chain optimization
  4. Network management and optimization
  5. Workforce management
  6. Sales and marketing management
  7. Operations management
  8. Others
By Organization Size:
  • Small and medium-sized enterprises
  • Large enterprises
By Deployment Model:
  1. On-premises
  2. On-demand
By Industry Vertical:
  1. Banking, Financial Services, and Insurance (BFSI)
  2. Telecommunications and IT
  3. Retail and consumer goods
  4. Healthcare and life sciences
  5. Manufacturing
  6. Government and defense
  7. Energy and utilities
  8. Media and entertainment
  9. Transportation and logistics
  10. Others
By Region:
  • North America
  • Europe
  • APAC
  • Latin America
  • MEA
Speak to our analyst for a discussion on the above findings, and ask for a discount up to 40% on the report: https://www.marketresearchinc.com/ask-for-discount.php?id=16158 Dynamics of the Business Intelligence Market Drivers:
  • Increasing adoption of Cloud
  • Growth of Advanced Analysis
  • Adoption of data-driven decision-making
  • The emergence of technologies based on IoT
Restraints:
  • Variable Structure of Regulatory Policies
  • High investment costs
Opportunities:
  • Positive ROI
  • Integrated business intelligence
  • Higher adoption by SMEs
  • Growing need to create knowledge from unused data
Challenges:
  • Lack of skilled labor
  • Management and maintenance of data quality 
Report Customization and Benefits: This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs. Table of Content: Chapter 1 Global Business Intelligence (BI) Software Market Overview Chapter 2 Global Economic Impact on Business Intelligence (BI) Software Industry Chapter 3 Global Business Intelligence (BI) Software Market Competition by Manufacturers Chapter 4 Global Business Intelligence (BI) Software Production, Revenue (Value) by Region (2012-2018) Chapter 5 Global Business Intelligence (BI) Software Supply (Production), Consumption, Export, Import by Regions (2012-2018) Chapter 6 Global Business Intelligence (BI) Software Production, Revenue (Value), Price Trend by Type Chapter 7 Global Business Intelligence (BI) Software Market Analysis by Application Chapter 8 Business Intelligence (BI) Software Manufacturing Cost Analysis Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers Chapter 10 Marketing Strategy Analysis, Distributors/Traders Chapter 11 Market Effect Factors Analysis Chapter 12 Global Business Intelligence (BI) Software Market Forecast (2018-2023) Chapter 13 Appendix About Us: Market Research Inc is farsighted in its view and covers the massive ground in global research. Local or global, we keep a close check on both markets. Trends and concurrent assessments sometimes overlap and influence the other.  When we say market intelligence, we mean a deep and well-informed insight into your products, market, marketing, competitors, and customers. Market research companies are leading the way in nurturing global thought leadership. We help your product/service become the best they can with our informed approach. Contact Us: Author Kevin US Address: 51 Yerba Buena Lane, Ground Suite, Inner Sunset San Francisco, CA 94103, USA Call Us: +1 (628) 225 1818 Email: sales@marketresearchinc.com