Financial Analytics Market Growth 2024 By Key Players: Oracle, TIBCO, SAP AG, Deloitte Touche Tohmatsu Limited, Microsoft Corporation, IBM
Financial Analytics Market - Industry Analysis Report and Regional Outlook by 2024
(EMAILWIRE.COM, August 14, 2018 ) Market Overview: -
Financial Analytics Market set to increase in size exponentially during the forecast timeframe. Equity and corporate bond markets extensively employ financial analytics for investigating their financial statements and competitive market analysis. These models help to predict the future outcomes based on the present and historical data analysis that lacks in traditional aspect. Financial Analytics Market support businesses in implementing tools and Business Intelligence (BI) technology to obtain accurate financial insights from the collected data, which ultimately aids in the formulation of business decisions. The implementation of predictive analytics in regular finance function also helps in monitoring the financial as well as the non-financial performance indicators.
The accounting function has undergone a transformation in its role of data collection and reporting to a more value-added analysis of the implementation of business analytics tools to back its strategic decision. The emerging industry trends demonstrate the transition of focus from business to customer profitability by use of activity-based costing.
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Top Key Players: -
The key players in financial analytics market include Oracle, TIBCO, SAP AG, Deloitte Touche Tohmatsu Limited, Microsoft Corporation, and IBM. These vendors offer solutions in the form of individual solutions or incorporated into BI suites. Players operating in the industry are coming up with latest innovative strategies to maximize the market share. For instance, in April 2016, Deloitte Introduced SolutionPrint for cloud financial analytics market that is based on Oracle Planning and Budgeting Cloud Service. This provides a roadmap for expanding business performance management.
Market share calculation in this report is not done based on companies covered in it. The calculation of financial analytics market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
North America financial analytics market is predicted to account for the maximum revenue share in the global market due to high adoption across multiple industries along with quick technology adaptation rate. It also has a huge penetration rate for BI and business analytics market.
The APAC and Latin American regions are expected to experience growth in this industry due to favorable government initiatives and increasing awareness of its benefits including improved efficiency across the business, cost saving, and real-time visibility.
Request for customization of this report @ https://www.gminsights.com/roc/1923
The visualization software implements numerous methods to display complex data into graphical presentations, thus reducing complexity and increase understanding of financial performance without having prior knowledge of financial techniques. Application segment in the financial analytics market is broadly classified to include budgetary control management, assets and liability management, profitability, payables and receivables management, and governance, risk and compliance (GRC) management.
Financial analytics market on the basis of verticals include BFSI, consumer goods & retail, healthcare & life sciences, government, transportation & logistic, manufacturing, telecommunication & IT and travel & hospitality. The BFSI sector makes use of these services for refining standard financial functions namely strategy map development, budgetary control, governance, asset and liability, profitability, payable, receivable, compliance management, risk and general ledger.
Browse Full Report @ https://bit.ly/2vdgOM4
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Financial Analytics Market set to increase in size exponentially during the forecast timeframe. Equity and corporate bond markets extensively employ financial analytics for investigating their financial statements and competitive market analysis. These models help to predict the future outcomes based on the present and historical data analysis that lacks in traditional aspect. Financial Analytics Market support businesses in implementing tools and Business Intelligence (BI) technology to obtain accurate financial insights from the collected data, which ultimately aids in the formulation of business decisions. The implementation of predictive analytics in regular finance function also helps in monitoring the financial as well as the non-financial performance indicators.
The accounting function has undergone a transformation in its role of data collection and reporting to a more value-added analysis of the implementation of business analytics tools to back its strategic decision. The emerging industry trends demonstrate the transition of focus from business to customer profitability by use of activity-based costing.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1923
Top Key Players: -
The key players in financial analytics market include Oracle, TIBCO, SAP AG, Deloitte Touche Tohmatsu Limited, Microsoft Corporation, and IBM. These vendors offer solutions in the form of individual solutions or incorporated into BI suites. Players operating in the industry are coming up with latest innovative strategies to maximize the market share. For instance, in April 2016, Deloitte Introduced SolutionPrint for cloud financial analytics market that is based on Oracle Planning and Budgeting Cloud Service. This provides a roadmap for expanding business performance management.
Market share calculation in this report is not done based on companies covered in it. The calculation of financial analytics market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Regional Segmentation: -
North America financial analytics market is predicted to account for the maximum revenue share in the global market due to high adoption across multiple industries along with quick technology adaptation rate. It also has a huge penetration rate for BI and business analytics market.
The APAC and Latin American regions are expected to experience growth in this industry due to favorable government initiatives and increasing awareness of its benefits including improved efficiency across the business, cost saving, and real-time visibility.
Request for customization of this report @ https://www.gminsights.com/roc/1923
The visualization software implements numerous methods to display complex data into graphical presentations, thus reducing complexity and increase understanding of financial performance without having prior knowledge of financial techniques. Application segment in the financial analytics market is broadly classified to include budgetary control management, assets and liability management, profitability, payables and receivables management, and governance, risk and compliance (GRC) management.
Financial analytics market on the basis of verticals include BFSI, consumer goods & retail, healthcare & life sciences, government, transportation & logistic, manufacturing, telecommunication & IT and travel & hospitality. The BFSI sector makes use of these services for refining standard financial functions namely strategy map development, budgetary control, governance, asset and liability, profitability, payable, receivable, compliance management, risk and general ledger.
Browse Full Report @ https://bit.ly/2vdgOM4
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results