Information Communication and Technology Reports Business Intelligence Industry Research Report

leveraging on information-intensive technologies, and BI is one of the leading technology trends. Countries such as China, Singapore, Japan, and India are expected to show high growth rates in the BI market. Increasing volume & variety of business data and the growing need for competitive insights across different industry verticals drive the growth of BI market Banking, Financial Services, and Insurance(BFSI) BI helps financial institutions monitor customer-facing resources, such as sales teams and tellers and come up with solutions using advanced analytics to avoid discrepancies. BI enables financial organizations to analyze vast amounts of customer data to gain insights about the customers regarding banking, which can be used to improve products and services. The management team in financial organizations can make use of BI to monitor sales performance in selling loans or opening accounts and determine the sales team’s efficiency. Retail and Consumer Goods The retail and consumer goods verticals needs to manage the information on products across multiple departments, different portfolios, and varied prices. In addition, they need to maintain large quantities of data entries made manually or in an automated procedure on a regular basis. Telecommunications and IT The telecommunications and IT sector faces challenges related to improving response time, analyzing traffic, and studying product affinity to create a happy client base. BI helps overcome these challenges with self-service business analysis and discovery tools to monitor real-time data using advanced analytics. Data management needs to be improved to help avoid chaos and dissatisfaction among customers. Browse Complete Report @ intelligence-bi-market-1048.html https://www.marketsandmarkets.com/Market-Reports/social-business- About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:

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