(PharmaNewsWire.Com, January 08, 2018 ) Increase in usage of mobiles, cloud computing, growing healthcare information exchange accelerates the growth of Healthcare BI market. Market analysis, clinical analysis, patient analysis, quality performance and safety analysis are the applications of Healthcare BI market which enhances the growth. Cloud BI is expected to have a tremendous increase during the forecast period as they are hosted on a virtual network and used to provide organizations access to Business Intelligence related data and other business analytics.
Based on function, online analytical processing holds the colossal market in future
Online analytical processing is an approach by which it can answer multi-dimensional analytical queries and enables a user to extract data easily from different points of view. Data warehousing also a function which is constructed from multiple sources that support analytical supporting and considered as a core component of business intelligence. Dashboards, data mining, also holds a considerable share during the forecast period.
North America is expected to hold the largest market during the forecast period
North America especially the U.S is expected to have the large market due to increase in various treatment methods, clinical treatments and other IT-based testing methods enhance the growth. APAC also accelerates the growth of demand due to increasing Hospital BI in developing countries like India, China, etc. Major key players in the market are IBM Corporation (U.S.), Information Builders (U.S.), Microsoft Corporation (U.S.), MicroStrategy (U.S.), Oracle Corporation (U.S.), Qlik Technologies, Inc. (U.S.), SAP AG (Germany), SAS Institute, Inc. (U.S.), TIBCO Software Inc. (U.S.), Tableau Software (U.S.), and other players such as Accenture (Ireland), CitiusTech (U.S.), Computer Sciences Corporation (U.S.), Dimensional Insight (U.S.), Jaspersoft (U.S.), Klipfolio Inc. (Canada), Perficient, Inc. (U.S.), Agilum Healthcare Intelligence, Siemens Healthcare (Germany), Tata Consultancy Services (TCS) (India), Infosys (India), Wipro Limited (India), Hexaware Technologies Limited (India), among others.
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