Procurement Business Analytics Market May See a Big Move | Oracle, Cisco Systems, Zycus

Advance Market Analytics added research publication document on Worldwide Procurement Business Analytics Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Procurement Business Analytics market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2022 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Microsoft Corporation (United States), SAP SE (Germany), IBM Corporation (United States), Oracle Corporation (United States), Cisco Systems Inc (United States), Amazon Web Service Inc. (United States), SAS Institute Inc. (United States), Coupa Software Inc. (United States), Rosslyn Data Technologies Inc. (United Kingdom), Zycus Inc (United States), BRIDGEi2i Analytics (United States), Rosslyn Data Technologies (United Kingdom), JAGGAER (United States), Genpact (United States), Proactis Holdings Plc (United Kingdom).

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Procurement business analytics refers to the utilization of data analysis and advanced statistical techniques within the field of procurement to gain insights, optimize strategies, and enhance decision-making processes. In the context of business procurement, analytics involves the collection, processing, and interpretation of data related to sourcing, purchasing, supplier performance, spend management, and supply chain operations. Procurement business analytics platforms provide tools to transform raw data into actionable insights, enabling organizations to identify patterns, trends, and opportunities for improving procurement practices and driving cost savings.

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Influencing Market Trend

·       The Impending Need to Handle Compliance Policies and Contracts

·       Increasing Demand for Data-Driven Solutions

Market Drivers

·       The Rising Focus on Enhancing Procurement Channels

·       The Rising Need for Highly Efficient Procurement Solutions to Improve Operational Performance

·       The High Demand for Cloud-Based Procurement Solutions

Opportunities:

·       The Rapid Technological Developments Like IoT And Cognitive Computing

Challenges:

·       Unwillingness to Adopt Advanced Analytical Technologies

·       Various Complexities in Streamlining the Processes and Concerns Regarding Data Privacy

Analysis by Type (Service, Software), Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management), Organization Size (Large Enterprises, Small and Medium Enterprises), Deployment Type (On-Cloud, On-Premises), End-Users (Manufacturing, Transportation & Logistic, Retail, BFSI, IT & Telecommunication, Other (Education, Healthcare))

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution

• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Microsoft Corporation (United States), SAP SE (Germany), IBM Corporation (United States), Oracle Corporation (United States), Cisco Systems Inc (United States), Amazon Web Service Inc. (United States), SAS Institute Inc. (United States), Coupa Software Inc. (United States), Rosslyn Data Technologies Inc. (United Kingdom), Zycus Inc (United States), BRIDGEi2i Analytics (United States), Rosslyn Data Technologies (United Kingdom), JAGGAER (United States), Genpact (United States), Proactis Holdings Plc (United Kingdom)]

• Business overview and Product/Service classification

• Product/Service Matrix [Players by Product/Service comparative analysis]

• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)

• Consumption, Capacity & Production by Players

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The regional analysis of Global Procurement Business Analytics Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.

Table of Content

Chapter One: Industry Overview

Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis

Chapter Three: Production Market Analysis

Chapter Four: Sales Market Analysis

Chapter Five: Consumption Market Analysis

Chapter Six: Production, Sales and Consumption Market Comparison Analysis

Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis

Chapter Eight: Competition Analysis by Players

Chapter Nine: Marketing Channel Analysis

Chapter Ten: New Project Investment Feasibility Analysis

Chapter Eleven: Manufacturing Cost Analysis

Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/51712-global-procurement-business-analytics-market#utm_source=IndustryToday/Suraj

Highlights of the Report

• The future prospects of the global Procurement Business Analytics market during the forecast period 2023-2028 are given in the report.

• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.

• The emerging technologies that are driving the growth of the market are highlighted in the report.

• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.

• The report studies the leading manufacturers and other players entering the global Procurement Business Analytics market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.