Zion Market Research Global Analytics as a Service Market, 2016–2024 | Page 2

Analytics as a Service Market
Zion Market Research, the market research group announced the analysis report
titled ‘Analytics as a Service Market: Global Industry Analysis, Size, Share, Growth,
Trends, and Forecasts 2016–2024′
Global Analytics as a Service Market: Overview
The analytics as a service (AaaS) emerged from the integration of analytics solutions and cloud
computing. It is a service model that uses analytics software to analyze and is delivered through
web-based technologies. It offers services based on subscription. It comprises SaaS-based social
media AaaS and cloud-based BI solutions. Cloud-based BI solutions effectively deliver business
analytics solutions to the end-user at a lower cost. SaaS-based social media AaaS entail remote
positioning of a variety of tools that assist in analyzing trends, patterns of visitors, collect data,
and find better ways to serve customers. Analytics as a service helps to implement and manage
analytics infrastructure on-premises; it enhances operational efficiency, cuts preventable losses,
and creates new opportunities. It lowers cost of ownership, increases the ability to process huge
data through the cloud, and aids in business intelligence maturation.
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