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The global business analytics market is expected to be pushed by growth of Big Data, modern solutions by leading companies, and the need to analyse huge amounts of data (particularly unstructured data) in the digital age to make intelligent business decisions, and streamline and optimize processes. Use of data analytics pervades several domains, including marketing, healthcare, logistics, finance, ecommerce, food service and restaurants, professional sports, entertainment, casinos, and others. North America, Europe and Asia are expected to be key markets.
Over the years, business analytics applications have displayed significant growth in different sectors, including agriculture, finance marketing, stock marketing, medical, manufacturing, bond marketing, customer relationship management, human resources, and others.
Leading companies offer modern and high-quality business analytics software solutions to enable efficient business operations. For example, IBM offers data and analytics consulting services to enable organizations to put together organizational data for analytical, operational, data science, and AI models to optimize data-driven decision making and allow efficient business processes.
Wipro offers data, analytics, and AI services which help organizations generate novel business models and streams of revenue while enabling quality, security, and regulatory compliance of data.
In 2020, Oracle introduced cloud-based MySQL database service with a new analytics engine capable of carrying out transaction processing and business analysis projects within the same database system.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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