The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The major strategies adopted by the market players are Product launches and Partnerships, Collaborations & Agreements in order to remain competitive in the market. The Global Predictive Analytics Market size is expected to reach $13.8 billion by 2023, rising at a market growth of 21% CAGR during the forecast period.
KBV Cardinal Matrix – Predictive Analytics Market
Source: KBV Research Analysis
Based on the Analysis presented in the Cardinal matrix, Microsoft Corporation, IBM Corporation, Oracle Corporation, and SAP SE are the forerunners in the Predictive Analytics market. IBM has completed the acquisition of Promontory Financial Group. Promontory would help in accelerating IBM’s development of cognitive solutions for risk and compliance. Microsoft and Cognizant have expanded their strategic alliance to bring cloud analytics and big data to customers through Microsoft’s Cortana Analytics Suite and Cognizant’s BigDecisions Platform. Oracle has expanded Oracle Cloud Platform’s data integration offerings with the launch of Oracle Data Integrator Cloud. SAP has Introduced Machine Learning and Predictive Analytics to its Cloud-Based Integrated Business Planning Suite.
Companies such as SAS Institute Inc., NTT Data Corporation, Fair Isaac Corporation and Tableau Software, Inc. are the some of the key innovators in Predictive Analytics Market. Cisco and SAS together released Cisco SAS Edge-to-Enterprise IoT Analytics Platform. Guidewire Software, Inc. has entered into a strategic relationship with FICO. Guidewire and FICO would work together to help insurers identify and prevent personal auto claims fraud in the U.S. and Canada. Tableau Software has introduced Tableau 9.3 with new ways to analyze data and share findings faster. NTT DATA, Inc. has completed the acquisition of Dell Services. The newly acquired business, which on an interim basis will be called NTT DATA Services, that expands NTT DATA’s ability to deliver insights, solutions and outcomes. The detailed illustration of the recent strategic developments depicted in KBV Cardinal Matrix Chart is discussed in the report.
Global Predictive Analytics Market
Europe Predictive Analytics Market
LAMEA Predictive Analytics Market