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August 2018
Advanced Analytics
Sectorwatch
The growth of enterprise data is a major factor driving the the global advanced analytics market. Advanced analytics assist companies in making informed business decisions by having complete insights of the market and provides in-depth analysis of the market. The increasing demand for big data analytics is also set to drive the growth of the advanced analytics market.
Industry Trends:
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin exceeds the average of the last 3 years gross profit margin, indicating supplier pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation
