Reportstack has announced a new market research report on the Global Financial Analytics Market 2014-2018. The emergence of innovative business models is the most important trend in the market. B2B and B2C are the two innovative business models that capture huge amounts of data. Therefore, financial analytics plays an important role in extracting meaningful information from data. The Global Financial Analytics market is expected to grow at a CAGR of 13 percent during the forecast period of 2013-2018.
Financial analytics is a set of tools or a software system that can be used to increase a company's financial productivity, improving its profitability. It assesses the individual or detailed aspects of a business opportunity and then combines all the relevant information to make an overarching, financially beneficial decision. It allows business executives to be up-to-date with the current financial environment and helps business professionals proactively seek out ways to change and enhance their business models to enhance productivity and avoid any financial losses.
“The development of innovative business models such as B2E, B2C, and B2B has offered new opportunities to financial analytics companies,”. “These models garner large amounts of data from consumers, employees, and other business organizations.”
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
To access full report with TOC, please visit Global Financial Analytics Market 2014-2018.