Press release
Global Performance Analytics Market to Witness Heightened Growth During the Period 2017-2025
Performance analytics helps to manage consistency in performance across all divisions of the organizations. Graphical analysis contributes to identify the gaps and potential problems. Performance analytics helps in streamline preparation for self-inspection or upcoming onsite inspection with an online review of past deficiencies and corrective action plans. Performance analytics contributes to bench mark the performance of the organization. Performance analytics also helps in workload planning.
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Performance Analytics Market: Market Drivers and Restraints
Performance analytics market is driven by simplicity and integrated business applications. Unprecedented growth in metrics-driven business performance assessments also drives the performance analytics market. Performance management system has operational efficiency benefits, direct and indirect benefits. The highly competitive environment drives the need to promote and manage sales and marketing activities to build brand awareness and increase overall profitability.
Data privacy and security are one of the primary restraints for performance analytics market. Lack of skilled analytical workforce is another restraint for the Performance analytics. A major factor that is restraining the growth of the market is concerns about the positive ROI.
Performance Analytics market: Market Segmentation
By Component
Services
Software
Managed services
Professional services
Support and maintenance
Consulting services
Request For Report Table of Content (TOC):
By Application
Sales and marketing performance analytics
Financial performance analytics
Supply chain performance analytics
IT operations performance analytics
Employee performance analytics
Others(Engineering and R&D performance analytics)
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