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November 2020
Advanced Analytics
Advanced analytics solutions, including AI and machine learning, have grown four-fold since 2016, according to Grandview Research. Going forward, the industry is expected to grow at a double digit CAGR, as these capabilities are being applied to a wide range of data. Intelligent data mining and predictive analytics are playing an increasingly important role in todays’ businesses, as these help them to gain insights from vast amounts of data. We expect M&A activity in the space to remain healthy due to the strong growth in the industry and its fast-evolving landscape.