According to the MarketsandMarkets study on Cloud Analytics Market, at present more than 13% of companies have cloud analytics and BI solutions. This is expected to reach 50% by 2018 across the globe....
The cloud business intelligence market is growing rapidly as compared to the on-premise BI solutions. The major driving factor for this market is the tremendous growth of structured and unstructured data. Cloud analytics helps businesses deal with large amounts of data, as well as data analytics. Both small and large enterprises are major adopters of cloud analytics services and this trend is expected to continue for the next few years.
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