The most exciting here, is to see that, the market is driven by factors such as sophistication of artificial intelligence software and converging robotics technology with mobile technologies.
For those who are unfamiliar, Enterprise search technology is used to search necessary information, which can be located at and accessed from any end of an enterprise. The technology facilitates users to access information in efficient manner.
According to Research and Markets, the technology is becoming increasingly popular across BFSI industry. One can observe that, it assists in efficiently managing the information access, adherence to security policies, overcome human constraints and optimizes time-cost by saving HR efforts.
The firm reveals that while the technology adds competitive value to companies and facilitates effective business planning, however, the market faces limitations due to time-consuming activities such as R&D, manufacturing and marketing.