Increased Adoption in BFSI, Healthcare Drives BI & Analytics Market in India
Summary
The factors hindering the market growth can be summarized to be deficiency of trained analysts and lack of operational and cultural readiness.The report concludes with a section on strategic recommendations with suggestions to focus on upcoming government projects and mobile based BI.SMBs operating in financial services, healthcare and retail sectors show significant interest in BI tools, fueling the growth of the Business Intelligence Market India.The factors hindering the market growth can be summarized to be deficiency of trained analysts and lack of operational and cultural readiness.The trends section in the report emphasizes the recent trends that are prevalent in the Indian BI and Analytics market which includes adoption of mobile BI, focus on in-memory analytics and emerging social media analytics.The competitive landscape section begins with the Porter’s Five Forces Analysis, illustrating the competitive rivalry, bargaining power of suppliers and buyers and threat of new entrants and substitutes.The report also features brief profiles of major domestic and foreign players in the market and a snapshot of their corporation, financial performance along with the key financial ratios, business highlights, their product portfolio and SWOT analysis, thus providing an insight into the existing competitive scenario.The next section of the report provides three case studies highlighting the requirements, solution and benefits of BI implementation in various organizations.The report concludes with a section on strategic recommendations with suggestions to focus on upcoming government projects and mobile based BI.
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