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SaaS-based business analytics market analyst says one trend in the market is emergence of advanced analytical tools. Advanced analytics solutions are one of the upcoming trends in the global SaaS-based business analytics market. These solutions help companies in comprehending data generated by multiple sources.Complete report on SaaS-based Business Analytics market spread across 68 pages, analyzing 5 major companies and providing 25 data exhibits are now available at http://www.reportsnreports.com/reports/1097688-global-saas-based-business-analytics-market-2017-2021.html.
According to the 2017 SaaS-based business analytics market report, one driver in the market is exponential increase in data. Large volumes of data are generated by numerous sources such as the Internet, mobile devices, and social media. Due to the increasing volume, variety, and velocity of data (commonly known as 3Vs) organizations find it challenging to analyze and manage large databases efficiently. In addition, veracity, the fourth component in the big data management systems, eliminates irrelevant data that involve high costs.
The following companies as the key players in the global SaaS-based business analytics market: Microsoft, Qlik, SAS, Salesforce.com, and TIBCO Software. Other prominent vendors in the market are: Birst, BOARD International (Business Intelligence Software Solution), BRIDGEi2i, GoodData, Host Analytics, IBM, Logi Analytics, MicroStrategy, Oracle, OpenText, SAP AG (SAP), Sisense, Tableau Software, Teradata, and Zoomdata.
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Global SaaS-Based Business Analytics Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market. The report covers the present scenario and the growth prospects of the global SaaS-based business analytics market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
Further, the report states that one challenge in the market is threat from open-source business analytics vendors. Open-source business analytics vendors pose a challenge to the global SaaS-based business analytics market. Vendors, such as Pentaho and Jaspersoft offer free business analytics solutions. The global business analytics market is characterized by several open-source vendors that provide a range of business analytics tools and applications. A combination of products from various open-source vendors provides approximately all the functions of on-premises or on-demand business analytics software.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key industry trends?
What is driving this market?
What are the challenges to industry growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Website: http://www.reportsnreports.com/reports/1097688-global-saas-based-business-analytics-market-2017-2021.html
Release ID: 213819
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