—
Financial Analytics Market 2019The term financial analytics refers to the innovation and development of critical research techniques to resolve complex business issues and forecast feasible future financial scenarios. The objective of financial analytics is to construct the proper strategy for business through factual and reliable knowledge rather than intuition. Factors like continuous technological advancements, surging need for on-demand cloud-based solutions, and the rising demand for efficient financial analytics software across numerous industry verticals are expected to stimulate the growth of the financial analytics market. Financial analytics offer services related to financial planning, management, and revenue forecasting.
Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/3397376-global-financial-analytics-market-size-status-and-forecast-2018-2025
The following key players are covered in this report:
IBM
Deloitte
Microsoft
SAP
Oracle
Microstrategy
Symphony Teleca
Fico
Tableau Software
Hitachi Consulting
Teradata Corp
SAS
Tibco
Information Builders
Rosslyn Analytics
In this economic environment of surging volatility and rising uncertainty, financial analytics software solutions provide the user with agility, speed, and detailed insight about the business to sustain in the competitive market. Using financial analytics, business organizations can synthesize information, uncover recent trends witnessed by the market, and provide insights to improve decision making throughout the business. Financial analytics solutions are expected to encounter rapid growth over the forecast period due to increased demand for enhanced technologies in business intelligence and business analytics across the world. Financial analytics is utilized to handle certain business-related undertakings and to predict future financial situations.
This tool presents the financial data in an executive dashboard and speeds up reporting by demonstrating the data in a graphical/chart form, which is easier to read and interpret rather than a spreadsheets series with complex pivot tables. The global financial analytics market is anticipated to prosper at a considerable CAGR during the forecast period due to its critical role in analyzing an organization's micro and macro-financial environments. Financial analytics is a collective term which involves an in-depth analysis of an organization's performance, financial statements, competitive advantages, and future growth prospects.
Market Segmentation
According to market research, the global financial analytics market can be evaluated on the basis of the following factors-
Based on the mode of deployment, financial analytics software can be classified into two types including on-premise software and on-demand cloud-based software. The on-demand cloud-based software segment is gaining traction owing to its cost-effectiveness and ease of maintenance. However, the on-premise financial analytics software segment is expected to prosper at a steady rate.
With respect to components, financial analytics can be classified into software, solutions, and services. The common services offered by financial analytics system providers include installation services, integration services, and maintenance services.
Based on the applications, the financial analytics market can be segmented into-
Assets & Liability
Budgetary Control
General Ledger
Payables
Receivables
Profitability
Regional Analysis
North America, Europe, Asia Pacific, Southeast Asia, Central & South America, and the Middle East and Africa are the major regions driving the financial analytics market. The Asia Pacific region is anticipated to notice considerable growth due to the presence of some of the prominent market players operating in the IT industry. IT enterprises operating in India and China are increasingly adopting big data analytics technology, which is further expected to support the demand for efficient financial analytics solutions to handle a large amount of financial data. Indian financial analytics market is still in its early stage of development. However, the financial analytics market in India has huge growth potential. IT enterprises are focusing on acquiring on-demand cloud-based analytical solutions.
Important Facts
In January 2019, SAP SE launched its new financial analytics system, called SAP S/4HANA. This advanced solution will provide organizations with a central hub to monitor and manage data flow between financial and operational systems. The system is developed with the motive to streamline accounting flows and support enhanced operational transparency and control.
Complete Report Details @ https://www.wiseguyreports.com/reports/3397376-global-financial-analytics-market-size-status-and-forecast-2018-2025
Table of Contents –Analysis of Key Points
1 Financial Analytics Market Overview
2 Manufacturers Profiles
3 Global Financial Analytics Market Competition, by Players
4 Global Financial Analytics Market Size by Regions
5 North America Financial Analytics Revenue by Countries
6 Europe Financial Analytics Revenue by Countries
7 Asia-Pacific Financial Analytics Revenue by Countries
8 South America Financial Analytics Revenue by Countries
9 Middle East and Africa Revenue Financial Analytics by Countries
10 Global Financial Analytics Market Segment by Type
11 Global Financial Analytics Market Segment by Application
12 Global Financial Analytics Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
List of Tables and Figures
Continued…..
Contact Info:
Name: Norah Trent
Email: Send Email
Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Address: Office No.528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune-411028.
Phone: +162 825 80070
Website: https://www.wiseguyreports.com
Release ID: 88929882
Google
RSS