San Francisco, California, July 06, 2018 – TMR Research presents a new market study on the global insights engines market for the forecast period between 2017 and 2025. The report, titled “Insights Engines Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, looks into each and every aspect that could have a bearing on the growth of the said market through 2025.
As businesses expand, it becomes increasingly important for them to provide the workforce with real-time information. In the past few years, enterprises have been employing question answering systems such as Siri to enhance workplace communication among employees.
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Insight engines are perfect for emerging technologies such as natural language processing (NLP) and chatbots, which is an integral element of artificial intelligence.
Some of the key growth drivers of the global insights engines market include constant need for organizations to sustain a robust and strategic risk management protocol. At present, data security is paramount with frequent incidences of breach. This requires regulations and compliance deadlines to be overhauled on a regular basis for businesses.
On the contrary, factors such as privacy concerns, data quality and data source validation, and alck of trained personnel are hampering the insights engines market.
The global insights engines market could be segmented in terms of component, application, and region. By component, the market could be segmented into professional services, tools, deployment and integration, managed services, consulting, and support and maintenance. Application-wise, the insights engines market could be classified into operations management, customer experience management, sales and marketing optimization, business process and product management, workforce management, risk and compliance management, and network efficiency.
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Key companies operating in the global insights engines market include IBM, Oracle, Sinequa, IntraFind, Expert System, Comintelli, Microsoft, Coveo, Celonis, Insight Engines, BA Insight, and ActiveViam.