Business analytics software: benefits, major trends, drivers, bottlenecks, and key Vendors.
Aberrations related to the interpretation
of patterns; a time-consuming process; and the need for enterprises to identify
the business goals and then collect the required data, which is time-consuming,
are a set of challenges susceptible to discourage some among you.
However these bottlenecks are progressively overcame, and at
Connectikpeople.co, we are proud to observe an increasing demand because of the
various benefits it provides such as data management, advanced reporting and
analysis, knowledge discovery and decision making, performance management, and
presentation and reporting.
For those who unfamiliar, Connectikpeople.co recalls that, Business
analytics software enables enterprises to inter alia : collect, extract, store and
analyze data to make better decisions, improve and streamline processes, and
achieve the desired corporate goals.
According to Research and Markets, one of the major trends upcoming in this
market is the emergence of open-source solutions.
‘’These solutions are often used in the Education sector by academics and students. The solutions are available free of cost, which enables students to familiarize themselves with the solutions before they enter the workforce’’.
As you can imagine, one of the major growth drivers of the market is the
proliferation of a huge volume of data from different sources such as mobile
and web apps , social media, blogs, forums, and mails.
Key Vendors include :
