Qlik Analytics Recognized for Delivering AI, NLP, Automation, Alerting, Hybrid Cloud with a Full-Featured Cloud Platform
PHILADELPHIA, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Qlik® was recently named a Leader in the IDC MarketScape: U.S. Business Intelligence and Analytics Platforms 2022 Vendor Assessment (Doc# US48061021, July 2022). IDC MarketScape is the IT industry’s premier vendor assessment tool, providing in-depth quantitative and qualitative technology market assessments. In this report, IDC detailed the value of Qlik Analytics and its complete range of capabilities designed to help organizations drive more insights and value from their data, especially in hybrid cloud environments.
The market for business intelligence and analytics (BIA) continues to grow in both overall size and importance as every organization looks to drive more value from their data, especially in the cloud. As the report states, “Business intelligence and analytics software is one of the most visible pieces of the technology stack that enables data-driven or data-informed decision making and greater enterprise intelligence. While data warehouses, data lakes, lake houses, and various data integration and data intelligence software form the foundation of an organization's data and analytics technology architecture, it is BIA software that data analysts, business analysts, and others in the organization interact with daily.”
Qlik’s one-of-a-kind associative technology brings unmatched power to the core of our industry-leading analytics experience. Qlik goes beyond the limits of query-based analytics and dashboards, with the ability to connect and combine data for analysis from hundreds of on-premises and cloud sources. And with AI-generated analysis and insights, automated creation and data prep, search and natural language, and AutoML and predictive analytics baked directly into the experience, employees from the C-Suite to every level in the organization can better leverage and drive impact through data-driven insights from Qlik.
“Qlik Sense is the analysis tool our analysts and data engineers always dreamed of. Any BI tool offers data integration and standardization and can display select indices on a dashboard, but we need to understand user trends to mine data and plan our next moves. I’m confident that Qlik delivers exactly what we need to achieve that,” said Kazutaka Yorozu, Data Analysis Infrastructure Engineer at SEGA.
The IDC MarketScape report identifies several strengths of Qlik Analytics:
End-to End Platform: Qlik has a broad range of data visualization, automated analytics workflows informed by AI and machine learning, alerting, collaboration, and embedded analytics.
Automation: Qlik provides automated connectivity to hundreds of the leading cloud and on-premises data sources. Qlik also extends automation by enabling insights both via alerts and triggering downstream activities in various applications (e.g., creating ServiceNow Tickets or updating recordings in Salesforce).
Data Governance and Sovereignty: Qlik FortsTM, a hybrid service that securely extends Qlik analytics capabilities to wherever customers' data reside, be it on premises, a private cloud or a public cloud.
Extended Platform Value: Qlik analytics platform is enhanced by the company’s additional solutions, including data integration, data management, automation and collaboration.
"Demand for business intelligence and analytics software remains high, especially in the current time of uncertainty that demand visibility into data and data-driven or data-informed decision making," added Dan Vesset, group vice president of Analytics and Information Management and head of IDC's Global Future of Enterprise Intelligence practice.
“Organizations in every industry are looking to leverage cloud analytics to drive more insights and value from data across their entire business,” said Josh Good, VP Analytics at Qlik. “We’re pleased to be recognized by IDC MarketScape as a Leader with our modern cloud analytics experience that helps everyone in an organization access and activate insights that have a real impact on business outcomes.”
To find out more about Qlik’s modern cloud analytics platform, visit Qlik Sense | Modern Cloud Analytics.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Qlik
Qlik’s vision is a data-literate world, where everyone can use data and analytics to Boost decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud®, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, Boost revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.
© 2022 QlikTech International AB. All rights reserved. All company and/or product names may be trade names, trademarks and/or registered trademarks of the respective owners with which they are associated.
The information provided herein is subject to change without notice. In addition, the development, release and timing of any product or functionality described herein remain at the sole discretion of Qlik and should not be relied upon in making a purchasing decision, nor as a representation, warranty or commitment to deliver specific products or functionality in the future.
Media Contact:
Derek Lyons
derek.lyons@qlik.com
617-658-5310
Leading Australian fashion retailer, Accent Group has partnered with Qlik to roll out a user-friendly data analytics platform across hundreds of retail outlets.
“It’s never been more important to be first and smartest in market, which is why we didn’t waste any time. Qlik came on board as our analytics partner in October 2021 and we quickly rolled out our dashboards across Australia and New Zealand. Our vision quickly took shape and the rollout started to match our own enthusiasm and pace,” Accent Group head of data and analytics, Betty Thai said.
Across Australia and New Zealand, Accent Group operates 738 stores, 32 websites and nearly 40 brands including Hype, Platypus, Saucony, Skechers, Vans and Timberland. Through the partnership with Qlik and partner Inside Info, Accent Group was able to develop a central data analytics hub, which could provide real-time sales and performance information.
Accent Group’s vision for the central data analytics hub is to continually Boost visibility of business performance and efficiencies, streamline the onboarding process for new Accent Group markets, teams and brands, and upskill the company’s workforce in data literacy and analytics.
Qlik has tangibly improved Accent Group workers’ skills in data analytics, aiding them in making quick decisions that boost sales while increasing their data-literacy skills. Since the rollout, the company has seen a significant increase in cross-store collaborations, healthy competition and skill building.
“Betty operates a lean data analytics team inhouse, but with Qlik as partner she was able to rapidly scale up development and rollout a project that has not only upskilled an entire workforce, but also fundamentally changed the way Accent Group operates and monitors performance,” Qlik country manager for Australia and New Zealand, Paul Leahy said.
“Investing in workforce data literacy is the most important thing that corporations can do for employees today. We believe everyone should be able to use data and analytics to Boost decision-making and solve problems, and we are immensely proud to be partnering with companies like Accent Group that share that vision.”
TYSONS CORNER, VA, Aug. 4, 2022 — Qlik and Grey Matters Defense Solutions have received a five-year, $46M contract from the U.S. Navy to help the Naval Sea Systems Command deploy the Naval Maritime Maintenance Enterprise Solution Business Intelligence Platform to replace its legacy technology, ExecutiveBiz reported.
The integration of NMMES-BIP is aimed at supporting NAVSEA’s ship maintenance mission through modernized IT platform.
“Accessible data is no longer a nice-to-have when it comes to making critical operational decisions within the U.S. military – it’s absolutely essential, said Andrew Churchill, vice president of federal at Qlik.
Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships.
Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA.
You know you’re onto must-have technology capability when there isn’t a single person in the business who questions ROI from the investment. And that’s exactly what’s happened at Australian fashion retailer, Accent Group, when it began overhauling its data management, reporting and analytics systems.
Over the past two years, Accent Group has been on a data development journey to modernise its tech stack and build real-time data access and reporting capability into its ways of working. The retail group operates 738 stores, 32 websites and nearly 40 brands across A/NZ including Hype, Platypus, Saucony, Skechers, Vans and Timberland.
Historically, Accent Group operated an on-premise technology environment, using Microsoft SQL for its database and data management platform. Its head of data and analytics, Betty Thai, told CMO the ambition was to find a more scalable, flexible data and analytics approach that could support the growth and needs of the business.
“Over time, our technology was just getting old – our data platform and data visualisation tools weren’t serving the business or helping us achieve our sales targets,” she said. “Another impetus was delivering capability. There were plenty of [data and analytics] use cases across the board to address.”
Building fresh data foundations
One of the first things Thai and the team did was review all of Accent’s business use cases to show the value of standing up a new data platform. “It was a consistent need across sales, customer experience, and in our planning and strategic departments as well,” she said.
“We put together a strategy and roadmap to acquire the platforms and deliver the transformation that would make it happen.”
Accent Group chose Microsoft Azure as its cloud-based data management platform, and opted for the Qlik Analytics platform for data dashboards, analytics and reporting. The first program of work was spending nine months to stand up the Azure platform, creating the ETL [extract, transform, load] processes required to get its data centralised and accessible across systems.
“We identified opportunities we could take to Boost and enhance what we have, plus against our known issues and what people had been asking for,” Thai said. “We previously were doing a daily data update, which had fed into the Qlik View product, but that was very limited. Azure gives us access to change data, which means we’re a lot closer to real-time data to stores, and planning departments as well.”
Thai said Accent Group chose Qlik Analytics over PowerBI because the platform had been part of the retailer’s set-up for data visualisations and reporting for more than six years and was a well-known tool to its more than 600 users.
“Using a product that our users were comfortable with of most important to us,” she said. “A lot of these tools are similar, and it was also important to pick a partner that made us felt supported. We have had a long-term relationship with Qlik and with more than 600 users across very different parts of the business, it made sense to continue with the next-gen platform.”
Azure was rolled out about 12 months ago, with transformation work then focused on standardisation of data, solving data integrity issues and so on. Qlik’s latest platform was rolled out next, with the first data reporting dashboards for stores rolled out in December 2021.
“Stores were the big opportunity, as we didn’t have real-time reporting in place. We wanted to start there rather than replace what we were doing – this was a new piece to deliver,” Thai explained. “So it was store dashboards first, then modernising what we have already.”
Thai said there are about 500 users of the dashboards across Accent’s store network. There are an additional 50 users in head office who initially required access to the dashboards.
“As we integrate this into our platform for all reports, we’ll have even more users in head office,” Thai said. “That’s now the plan to take us to the end of 2022. Then we get to move onto the really fun stuff, which is machine learning and advanced analytics. This is also the business case we started with two years ago. But again, this requires very good data to be in place.”
The Azure platform is also set to be integrated with Accent Group’s customer data platform (CDP), which it’s using Adobe Experience Platform (AEP) for. From a customer-facing perspective, Accent is an Adobe shop, using AEP as well as Campaign and Analytics within the Adobe Experience Cloud portfolio.
Combining the data warehouse with the CDP is about getting a true single customer view. “With more than 20 brands, so this will provide powerful information for us,” Thai said. She estimated go-live was less than a month away.
“We will be able to send information coming in from AEP back into the Qlik dashboard at some point and build out centralised dashboards there. We also have three ERPs, which is a big challenge. We had to have product that could integrate into all these. As we acquire, this will add more flexibility to that too.”
Once Azure, Qlik Analytics and AEP are hooked up, the next cab off the rank is connecting the data dots into forecasting and planning tools, which Accent uses Foresight for.
“That enables real-time allocation of product, replenishment and forecasting,” Thai said. “Once we tackle these two big pieces, we’ll go back to do phase two of our store reporting. That’s about giving more productivity information.
“At the moment, we have sales and product information but we’re looking to integrate team members’ rostered hours to help see productivity by individual and to cross-reference with sales. Then it’s onto the data science piece from October-November.”
Accent Group’s big vision for the central data analytics hub is to continually Boost visibility of business performance and efficiencies, streamline the onboarding process for new markets, teams and brands, and upskill the company’s workforce in data literacy and analytics.
Measuring ROI
Thai hasn’t stopped to measure hard ROI from the data development work so far, but she said anecdotal feedback suggested it’s game changing. More importantly, there isn’t even really any need to measure it – the benefit is so obvious.
“No one is asking that question,” Thai said. “What we have been able to deliver already is game changing for stores. There hasn’t been visibility of sales and product info to our store in an easy way. It has resolved a lot of those questions.”
Thai also noted significant increase in cross-store collaborations, healthy competition and skill building.
“It has motivated more one-to-one conversations between store managers and teams. That was difficult to do that in the past,” she continued. “We can also merchandise better, as we can distinguish between what has been sold in-store versus fulfilled from stores for online sales. They [online sales] all go through to stores, but this way the customer can differentiate between the sale being because a customer walked in versus a sales picked up and sent off for online.”
Having such productivity information to hand will allow Accent to build individual targets into the Qlik dashboards for each person. That will help people understand what they are driving towards, leading to stronger productivity measures of success.
An unexpected benefit Thai cited was around Accent better defining what a ‘added value’ sale consistently across brands and stores.
“When you buy shoes in our stores, added value could be socks or a product care pack. But without information shared across the board, everyone had a different definition of added value for each brand,” Thai said. “We’re now calculating and putting that on our dashboard, and it’s become apparent that it [the concept of added value] is different in each store. We’re going through a process now of standardising and setting benchmarks around that.
“The information was always there in the point-of-sale, but someone had to manipulate, calculate by brand and interpret. This is saving teams time in-store and gives them time back to serve customers or Boost the stores. We are uncovering those insights through our dashboard.”
While Accent’s data development journey has clearly required technology investment and change management, Thai also highlighted the people aspect of the work and attributed success at record -time rollouts to both the retailer’s teams as well as partners.
“We had good people with an in-depth knowledge of the data, then good relationships with Qlik and integration partner, Inside Info. Having a lean model allowed us to move quickly and implement faster,” Thai added.
You can also follow CMO on Twitter: @CMOAustralia, take part in the CMO conversation on LinkedIn: CMO ANZ, follow our regular updates via CMO Australia's Linkedin company page
The MarketWatch News Department was not involved in the creation of this content.
Aug 03, 2022 (Reportmines via Comtex) -- Pre and Post Covid is covered and Report Customization is available.
As the global economic trends, the growth of the "Data Visualization Tools market" retail will have significant change from the previous year. According to our latest study, the Data Visualization Tools market size change 2022 - 2028. The report on the Data Visualization Tools market provides qualitative and quantitative analysis. The study focuses primarily on the most up-to-date information on the Data Visualization Tools market.
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The Data Visualization Tools Market Industry Research by Application is segmented into:
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The market is semi-concentration with the presence of certain global players as well as numerous regional industry participants. The companies significantly invest to innovate their offering and launch new products to strengthen their market presence. Furthermore, the adoption of competitive strategies such as mergers, acquisitions, partnerships, joint ventures, etc., is also prominent in this market. Geographic breakdown and analysis of each of the previously mentioned segments include regions comprising the North America: United States, Canada, Europe: GermanyFrance, U.K., Italy, Russia,Asia-Pacific: China, Japan, South, India, Australia, China, Indonesia, Thailand, Malaysia, Latin America:Mexico, Brazil, Argentina, Colombia, Middle East & Africa:Turkey, Saudi, Arabia, UAE, Korea. The report is of 104 pages.
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- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data by Type
- Data by Application
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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Retail Analytics Market
Dublin, July 25, 2022 (GLOBE NEWSWIRE) -- The "Retail Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global retail analytics market reached a value of US$ 6.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 18.2 Billion by 2027, exhibiting a CAGR of 19.98% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Retail analytics is the process of providing analytical data on inventory levels, sales, consumer demand and supply chain movement. It helps companies to identify customer insights, such as emerging trends and changing preferences, by combining data from different areas with scope and need for improvement. Retail analytics has emerged as one of the most powerful tools to maintain procurement levels and empower businesses by enabling a quick and effective decision-making process.
As the coronavirus disease (COVID-19) pandemic continues to spread around the world, there has been a significant impact on consumer behavior, product demand and the availability of logistics services. Consequently, store owners are adopting retail analytics solutions to assess risks and create suitable re-opening strategies.
For instance, Tango, a US-based Integrated Workspace Management System firm, is enabling retailers to analyze how exposed their stores have been to the coronavirus during the lockdown using its retail location-visualization tool. Apart from this, with the growing e-commerce and retail industries, cloud-based retail analytics solutions are widely being deployed as they offer retailers the on-demand computing power to handle large volumes of data and deliver useful insights within a short timeframe.
Besides this, the emergence of big data and predictive analytical models has allowed merchants to predict future outcomes through data integration across apps, sensors, social media platforms and other channels. The leading companies in the retail industry are opting for advanced analytics solutions, which is positively impacting the market growth. For instance, Gap Inc., a global fashion retailer, has deployed the Retail Merchandising Foundation Cloud Service (RMFCS) offered by Oracle Corporation to simplify its store operations and increase customer satisfaction.
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 1010data Inc. (Advance Publications Inc.), Adobe Inc., Altair Engineering Inc., Flir Systems Inc., Fujitsu Limited, International Business Machines Corporation, Information Builders Inc., Microsoft Corporation, Microstrategy Incorporated, Oracle Corporation, Qlik Technologies Inc. (Thoma Bravo LLC), SAP SE, SAS Institute Inc., Tableau Software LLC (Salesforce.com Inc.) and Tibco Software Inc.
Key Questions Answered in This Report:
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How has the global retail analytics market performed so far and how will it perform in the coming years?
-
What has been the impact of COVID-19 on the global retail analytics market?
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What are the key regional markets?
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What is the breakup of the market based on the function?
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What is the breakup of the market based on the component?
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What is the breakup of the market based on the deployment mode?
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What is the breakup of the market based on the end user?
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What are the various stages in the value chain of the industry?
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What are the key driving factors and challenges in the industry?
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What is the structure of the global retail analytics market and who are the key players?
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What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Retail Analytics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Function
6.1 Customer Management
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 In-store Operation
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Strategy and Planning
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Supply Chain Management
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Marketing and Merchandizing
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Component
7.1 Software
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Services
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Deployment Mode
8.1 On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Small and Medium Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Large Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 1010data Inc. (Advance Publications Inc.)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Adobe Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Altair Engineering Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4 Flir Systems Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Fujitsu Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 International Business Machines Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Information Builders Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Microsoft Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 Microstrategy Incorporated
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Oracle Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Qlik Technologies Inc. (Thoma Bravo LLC)
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 SAP SE
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 SAS Institute Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 SWOT Analysis
15.3.14 Tableau Software LLC (Salesforce.com Inc.)
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.15 Tibco Software Inc.
15.3.15.1 Company Overview
15.3.15.2 Product Portfolio
15.3.15.3 SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/xdcj1q
Attachment
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Identity & Access Management , Security Operations
Logan Takes Over as the Quest Subsidiary Prepares for Life as an Independent Entity
One Identity has tapped ex-LogRhythm CEO Mark Logan as its next leader and tasked him with standing up the Quest subsidiary as a stand-alone organization.
See Also: OnDemand | Zero Tolerance: Controlling The Landscape Where You'll Meet Your Adversaries
The Orange County, California-based company offers identity governance, privileged access, identity management and Active Directory management solutions thanks to its October acquisition of OneLogin, which added capabilities for single sign-on, multifactor authentication and customer identity and access management. Logan says One Identity has the broadest platform in the space.
Logan, One Identity's first-ever CEO, takes over for president and general manager Bhagwat Swaroop, who left the organization. One Identity has 1,000 employees, and Logan says he's open to additional acquisitions to make the company's identity platform even more robust.
"Listening to customers, listening to the market, driving toward market needs, always innovating and taking care of people, and recruiting and retaining best-in-class executives and teams are simple and fundamental principles," says Logan, who became CEO for the fourth time in the past 20 years. "They're not always easy to execute on, but I've found those principles to be key to drive successful companies."
In a video interview with Information Security Media Group, Logan also discusses:
- What piqued his interest in joining One Identity;
- The skills and experience he brings to the table;
- His plans and priorities as One Identity's first-ever CEO.
Logan is a proven leader with nearly two decades of C-suite experience at companies such as Emptoris (now part of IBM) and Attunity (now part of Qlik). He joined One Identity from LogRhythm, where he served as both CEO and board member. As president at Attunity, Logan played a critical role in boosting the company's stock value by more than 200% and its enterprise value by more than 330% when it was sold to private equity firm Thoma Bravo.
The MarketWatch News Department was not involved in the creation of this content.
A New Market Study, Titled "Business IntelligenceMarket Upcoming Trends, Growth Drivers and Challenges" has been featured on fusionmarketresearch.
The Business Intelligence Market report is latest report published by Fusion Market Research which provides comprehensive information, overview of the demands and describe Impact of Covid-19 on the market during the forecast period 2022-2028.
This report provides detailed historical analysis of global market for Business Intelligence from 2015-2020, and provides extensive market forecasts from 2021-2030 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Business Intelligence market.
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This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.
The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been Checked through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.
Leading players of Business Intelligence including:
Alteryx, Board International, Cisco Systems, ESRI, Galigeo, GoodData, Google, HPE, IBM, Infor, Information Builders, Locomizer, Logi Analytics, Microsoft, MicroStrategy, Oracle, Panorama Software, Pentaho, Pitney Bowes Inc, Prognoz, Pyramid Analytics, Qlik, Salient Management Company, SAP, SAS institute, Spatial Plc, Tableau, Teradata Corp, Tibco Software, Yellowfin
Market split by Type, can be divided into:
On-premises, Cloud-based
Market split by Application, can be divided into:
BFSI, Healthcare and Life Sciences, Retail and Consumer Goods, Telecommunications and IT, Transportation and Logistics
Market split by Sales Channel, can be divided into:
Direct Channel
Distribution Channel
Market segment by Region/Country including:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
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Table of Contents
Chapter 1 Business Intelligence Market Overview
Chapter 2 Business Intelligence Market Segment Analysis by Player
Chapter 3 Business Intelligence Market Segment Analysis by Type
Chapter 4 Business Intelligence Market Segment Analysis by Application
Chapter 5 Business Intelligence Market Segment Analysis by Sales Channel
Chapter 6 Business Intelligence Market Segment Analysis by Region
Chapter 7 Profile of Leading Business Intelligence Players
Chapter 8 Upstream and Downstream Analysis of Business Intelligence
Chapter 9 Development Trend of Business Intelligence (2021-2030)
Chapter 10 Appendix
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
? Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client’s interest (Note: Depends on feasibility check)
? Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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Mini
Based on-demand drivers and hiring scenarios in the past two quarters, TeamLease Digital has identified 15 skills that are likely to lead the way in the India IT-BPM industry in the current fiscal year.
The number of people employed in the information technology (IT) and business process management (BPM) workforce will grow by 7 percent in 2022-2023 as close to 300,000 job opportunities are to be created in the sector, according to a report.
“Digitally skilled professionals are paid a notch above the developers working with traditional IT skills. In FY23, at least seven out of 10 IT companies will be searching for these digital skills to hire from emerging locations,” the report said.
According to the TeamLease Digital report, recruiters are looking for the below-mentioned 15 skills, with MarTech and IoT being the two new additions.
| Skills | Skills assumptions | FY23 growth indicator |
| E-Commerce | Tech and product development in e-commerce talent pool in India. These numbers are FTE numbers in e-commerce players and do not include vendor numbers | 5-10% |
| Data Engineering | Talent pool who work on Data Modeling, ETL, Database Engineering, Analytics, Data Warehouse, Data Lakes, Visualization, etc. | 4-6% |
| Data Analytics | This includes data cleaning, analysing to draw insights using BI & advanced analytics tools Data science – Python, R programming, ML, Apache Spark, Apache Flink, Apache Kafka, SAS | 6-10% |
| Data Visualization | Tableau, PoweBI, Qlikview | 4-6% |
| RPA | Automation Anywhere, UiPath, Blue prism | 6-8% |
| Full Stack Development | Front end + Backend DB + API/SOA + Cloud + Microservices & DevOps | 8-10% |
| Data Science | Includes Statistical Modeling, Machine Learning, Data Mining, Unstructured Data Analytics, and Natural Language Processing | 4-6% |
| Cyber Security | Cyber security area includes forensics, SIEM, vulnerability assessment, Threat Intelligence, InfoSec, Endpoint, Network Security, Encryption Tools, Web Vulnerability, Network Defence Wireless, Packet Sniffer, Antivirus Software, Firewall, PKI Services, Managed Detection Services, Penetration Testing | 4-6% |
| Cloud & DevOps | This includes Cloud implementation (40%) & support pool (60%) - AWS, Aure, GCP, Docker, puppet, checf, Jenkins, Splunk | 6-8% |
| Mobility (Mobile App Development) | iOS, Android, and Mobile Application Development, Testing & Support pool | 6-8% |
| Artificial Intelligence | All Artificial Intelligence, Deep Learning, and Cognitive areas considered | 5-7% |
| Machine Learning | ML tools include Tensorflow, Scikit, Pytorch, Knime, etc | 6-8% |
| UI/UX | Angular, React, User research/experience, Wireframing, Prototyping, Adobe XD, Figma | 5-7% |
| MarTech | Advertising & Promotion, Content & Experience, Social & Relationships, Commerce & Sales, Data, Management | 5-7% |
| IoT | Device hardware, device software, communications, cloud platforms, cloud applications | 4-6% |
| Source: TeamLease Digital's 'Digital Employment Outlook Report' | ||
Moreover, the report said that digital skills talent is prominently available in emerging locations, thanks to the work-from-home model.
For instance, Thiruvananthapuram, Coimbatore, Cochin, Chandigarh and Ahmedabad are building digital skills owing to the strong presence of large tier 1 players, product companies, GICs, and startups, he explained.
As attrition rates continue to remain high in the IT services space, the TeamLease report also points to an increase in contractual staffing headcount, which is expected to grow by 21 percent during the fiscal year.
“Currently, IT services companies, Global Capability Centers (GCC), and Product Development companies are the top contract staffing consumers, contributing in excess of 70 percent of this trend. In fact, by itself, GCC headcount is growing over 10 percent year-on-year,” it said.
The healthcare business intelligence market is projected to grow at a healthy CAGR of 8.1%. The market valuation is forecasted to reach US$ 7.4 Bn by 2032 from US$ 3.4 Bn in 2022. The amount of healthcare business data acquired by various healthcare establishments has expanded as various technological devices and platforms have become more integrated into the healthcare industry. The data collected from a variety of healthcare facilities must be managed in order to get the most useful information. The healthcare industry is expected to profit greatly from the widespread healthcare business intelligence market adoption trends. Owing to the government measures to encourage EHR adoption and the growing number of patients, the healthcare business intelligence market size is projected to experience substantial growth. Due to the execution of government measures to encourage EHR adoption, the growing number of patient registries, and the rise of big data in the healthcare business, the healthcare business intelligence market is likely to experience rapid expansion.
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The global healthcare business intelligence market study shows that patient data is rapidly being recognized by healthcare decision-makers as a source of commercial insight. When patient data is analyzed with business intelligence tools, it can aid in improving clinical performance, patient management, illness management, and cost and waste reduction. The adoption of healthcare business intelligence platforms is being boosted by government legislation in numerous nations, including the United States and Europe. The federal government’s increased spending is expected to boost demand for healthcare business analytics. Furthermore, the growth and expansion of the healthcare business intelligence industry, which is driven by both public and private actors, would generate profitable healthcare business intelligence market growth possibilities, particularly in developing economies. The study by future market insights quotes an increase in personal disposable income, increased awareness of the numerous benefits of healthcare business intelligence among small and medium-sized players, increased awareness of the benefits of advanced analytical solutions, and increased investment in the development of advanced and innovative technology all contribute to the market’s positive growth rate.
The sales of healthcare business intelligence are expected to be hampered by high costs associated with research and development initiatives, insufficient knowledge in developing economies, limited physical infrastructure, increasing instances of inaccurate and misappropriated data, and a scarcity of skilled medical professionals and researchers.
In addition, the growing healthcare business intelligence market is expected to face challenges in the forecast period due to a lack of favorable regulatory scenarios, technological penetration in developing nations, and the demand for high-end capital investment to present and sustain such services.
Key Takeaways
- In 2021, the cloud-based delivery mode segment had the biggest healthcare business intelligence market share, accounting for 47.5 percent.
- In 2021, healthcare payers contributed 39.0 percent of total revenue. The market is expected to grow due to a rising requirement for provider network optimization, as well as the adoption of various healthcare business intelligence solutions to efficiently reduce operating costs and increased competition among payers.
- Over the projection period, the healthcare manufacturers category is expected to increase at a significant rate. The existence of a significant number of pharmaceutical and medical device producers in both developed and emerging nations is one of the main reasons for the segment’s strong revenue growth.
- The Indian market size is expected to grow at a CAGR of 12.8%, with the global healthcare business market valuation likely to reach US$ 684 Mn by 2032.
- As per the global industry analysis, due to increased policy measures, Asia Pacific is expected to be the most lucrative regional market throughout the projected period, as healthcare providers and businesses become more aware of business intelligence tools.
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Competitive Landscape
The healthcare business intelligence market is moderately competitive, with a number of large and growing firms. The market’s expansion has been aided by product innovation and continuous R&D activities to produce improved technologies.
Due to their strong global footprints, large product portfolios, and a greater focus on innovations in healthcare business intelligence solutions, Oracle Corporation, Microsoft, and Sisense Inc. are among the few main competitors accounting for the majority of the market share.
Qlik Technologies Inc. bought Knarr Analytics LLC in August 2020 to expand Qlik’s Cloud Platform Active Intelligence capability, which provides complete insights to enable data-driven operations.
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