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New report shares details about the risk analytics market to become a breeding ground for investors in coming years

New report shares details about the risk analytics market to become a breeding ground for investors in coming years

the usage of real-time risk analytics and on-demand analytics enables quick and early detection of potential threats to prevent risking of cash flows. the market is divided into transform and load tools, dashboard & risk reporting tools, governance and compliance tools, risk calculation engines, visualization tools, and others.

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The focus area for enterprises has shifted from manual or intuition-based risk analysis to quantifiable data-based analytics. The changing dynamics of businesses make intuition-based decision making a complex option for enterprise-level businesses, even if the decisions are made by expert personnel.

This is where advanced analytical tools are used to identify and understand the risk with immense clarity. In the fast-paced and highly unstable market, the usage of real-time risk analytics and on-demand analytics enables quick and early detection of potential threats to prevent risking of cash flows.

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Based on software, the market is divided into transform and load tools, dashboard & risk reporting tools, governance and compliance tools, risk calculation engines, visualization tools, and others. Based on services, the market is sub-segmented into system integration, maintenance and support, and risk assessment.

The application segment is categorized into industry benchmarking, credit risk management, fraud detection & prevention, real-time awareness, and others. By industry, it is classified into BFSI, automotive, manufacturing, transportation & logistics, IT & telecom, retail, healthcare, government utilities, and others.

Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Access this Report @ bit.ly/2kKgZqn

Market Dynamics:

Drivers:

  • Increase in competitive pressure on SMEs
  • Increase in adoption of big data solutions across industry verticals

Restraints:

  • High initial cost for setup and integration
  • The lack of skilled and expert technicians as system integrators and service providers for risk analytics

MARKET PLAYERS:

The top players in the global risk analytics market include, IBM Corporation, SAP SE, SAS Institute, Inc., Oracle Corporation, FIS Global, Verisk Analytics, Inc., Moodys Analytics, Inc., Axiom SL, Accenture PLC, Fair Isaac Corporation (FICO)

MARKET LANDSCAPE

Get the sample PDF Brochure of market study @ bit.ly/2CDP2rH

By Software

  • Transform and load tools
  • Dashboard & risk reporting tools
  • Governance and compliance tools
  • Risk calculation engines
  • Visualization tools
  • Others

By Service

  • System integration
  • Maintenance and support
  • Risk assessment

By Application

  • Industry Benchmarking
  • Credit Risk Management
  • Fraud Detection & Prevention
  • Real-Time Awareness
  • Others

By Industry Vertical

  • BFSI
  • Automotive
  • Manufacturing
  • Transportation & logistics
  • IT & telecom
  • Retail
  • Healthcare
  • Government utilities
  • Others

By Geography

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Rest of LAMEA

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