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December 2020
Advanced Analytics
Advanced analytics solutions, including AI and machine learning, grew four-fold since 2016, according to Grandview Research, and have further solidified their importance in 2020. 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. 2020 has seen deal count remain stable as compared to the previous year and rapid growth in the years prior.