Worldwide Business Analytics Services Spending
Business Analytics Services and technologies are revolutionizing how businesses, government agencies and individuals address their issues, fix problems, improve systems, generate new value and revenue streams, to improve working and living conditions anywhere and anytime.
So it is encouraging to observe
that, worldwide business analytics services spending will reach $58.6 billion
in 2015 and $101.9 billion in 2019, representing a compound annual growth rate
(CAGR) of 14.7%; according to IDC.
Among key divers, one can
feature the desire to consume the entire lifecycle of business analytics services;
the adoption of new technologies and lack of internal skill sets.
In fact, Business analytics is
becoming a backbone technology in our connected age where data is the most critical
asset.