Reportstack has announced a new market research report on the Global Social Business Intelligence (BI) Market, which is expected to grow at a CAGR of 33.79 percent from 2014-2019.

About the Report

According to the report, social media applications and social networking sites are generating a large volume of information. The majority of corporate data sources include data generated from enterprise applications along with newly generated cloud-based data, social network data and device data.

“Social business intelligence tools are useful for retrieval and analysis of a vast and growing volume of diverse data,”. “These tools help optimize business decisions, discover and fix weaknesses and develop indicator patterns to identify opportunities and threats.”

The report also emphasizes the integration of BI with social media as one of the major market trends expected to continue through the projected period. Social media has evolved over the years to provide better solutions to integrate with BI software.

“Many SMEs are adopting this technology to integrate and upgrade software so as to obtain the best ROI from their social platforms,”.
 

Key Information Covered in the Report:

Market segmentation, size and forecast through 2019

Market Growth Drivers:

Increase in Information from Social Networking Sites
For a full detailed list, view our report.

Market Challenges:

High Implementation Costs
For a full detailed list, view our report.

Market Trends:

Emergence of Social Media
For a full detailed list, view our report.

Key Vendors:

IBM Corp.
Oracle Corp.
SAP AG

Other Prominent Vendors:

Adobe Systems
Beevolve
Clarabridge
Crimson Hexagon

Complete report available @ Global Social Business Intelligence (BI) Market 2015-2019.