DUBLIN, Mar. 05, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/pj4lqh/global_social) has announced the addition of the "Global Social Business Intelligence (BI) Market 2015-2019" report to their offering.
The Global Social Business Intelligence Market to grow at a CAGR of 33.79% over the period 2014-2019
This report covers the present scenario and the growth prospects of the Global Social Business Intelligence Market for the period 2015-2019. To calculate the market size, the report considers revenue generated from social business intelligence solutions, software, tools, applications, services, support, and maintenance.
One major trend being witnessed in this market is the emergence of social media. Many SMEs are increasingly embracing this trend and integrating their BI software with social media platforms. This helps organizations access a large volume of data, which helps in the business decision-making process.
According to the report, the increase in the volume of information generated from social networking sites is a key driver of this market. Social BI helps organizations make optimum decisions with the use of data obtained through social networking sites. The demand for social BI applications is increasing because it generates a large volume of data available on social sites and analyzes them to enable informed decision making in an organization.
Further, the report states that one of the major challenges in the market is the high implementation costs. After purchasing software licenses, organizations need to hire resources for proper implementation of the software. In addition, post implementation, BI tools have to be upgraded according to the current market trends, which is one of the major challenges in terms of cost for SMEs.
Key Vendors
- IBM Corp.
- Oracle Corp.
- SAP AG
- SAS Institute, Inc.
Other Prominent Vendors
- Adobe Systems
- Attensity Group
- Beevolve
- Clarabridge
- Crimson Hexagon
- Evolve24
- HP
- Kapow Software/ Kofax
- Lithium Technologies
- etBase Solutions
- Radian6/Salesforce
- Sysomos
- Visible Technologies
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/pj4lqh/global_social
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
