The global advanced analytics market is growing at an accelerating rate which is being driven by increased enterprise data. The major players in this space are SAS Institute, SAP SE, IBM Corporation, Oracle Corporation, KNIME AG, Statsoft, and Microsoft Corporation. Cloud technology and its accessibility enables the ease at which data and application is shared, hence making it a major driving force behind the growth in the advanced analytics market.
- Current revenue growth rate is less than the average of the last 3 years, indicating that the market may be flattening or declining
- 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