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(IT-NEWSWIRE.COM, October 02, 2018 ) Advanced & predictive analytics is a group of analytic techniques, based on mathematical principles used to anticipate the future outcomes. Application of advanced & predictive analytics techniques which started its application to illustrate statistics which was used to count and quantify past occurrences, which can be crucial in a reactive and course correction manner. These advanced & predictive analytics technologies are extensively utilised in various industry verticals, including marketing, risk management, economics and healthcare. In the recent years, many new diverse business domains have shown a legitimate interest in these technologies to cultivate better decision making and improved business outcomes.
The growth of the Advanced and Predictive Analytics (APA) software market is primarily driven by the implementation of Big Data repositories, such as NewSQL, NoSQL, Hadoop databases and other platforms, to enhance the ability of computing data and business value from APA. Additionally, the shift in preference of business analysts towards becoming data scientists is also contributing in boosting the growth of the global Advanced and Predictive Analytics software market.
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The key players covered in this study International Business Machines Corporation (IBM) SAS Institute Microsoft Corporation SAP Tableau Software Information Builders Fair Isaac Corporation (FICO) Teradata Corporation Acxiom Corporation Oracle Corporation TIBCO Software
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Market segment by Type, the product can be split into On Premise Cloud Based
Market segment by Application, split into Banking and Financial Services Insurance Government Public Administration and Utilities Pharmaceuticals Telecom and IT Retail Transportation Logistics Healthcare
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The study objectives of this report are: To analyze global Advanced and Predictive Analytics (APA) Software status, future forecast, growth opportunity, key market and key players. To present the Advanced and Predictive Analytics (APA) Software development in United States, Europe and China. To strategically profile the key players and comprehensively analyze their development plan and strategies. To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Advanced and Predictive Analytics (APA) Software are as follows: History Year: 2013-2017 Base Year: 2017 Estimated Year: 2018 Forecast Year 2018 to 2025
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Source: EmailWire.Com
Source: EmailWire.com
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