The Major Issue Retraining the Growth of the Risk Analytics Market is the Upfront Cost of the Solution

Date: 2015-08-10

“The risk analytics solutions are widely being adopted by businesses across a broad spectrum of verticals, such as Banking and Financial services, Insurance, manufacturing, logistics & transportation, retail & consumer goods, telecommunication & IT, media & entertainment, government, healthcare, energy & utilities, and others.

With the rising acknowledgements to risk analytics, this software applications, solutions and services is fast gaining momentum in the market. This has in turn benefited the risk analytics software providers, risk analytics service provider, and as well as emerging cloud-based risk analytics service vendors to leverage and expand their provisions in this market. Considering this, the risk analytics offerings has also been chiefly accountable for increasing the average revenues for these stakeholders in the risk analytics ecosystem. Thus, these augmentations have also observed the rise in risk analytics market.  

The complete risk analytics market analysis evaluates various types, solutions, services, applications, verticals, and regions of the risk analytics market. The overall market size is found by adding up the individual market sizes of all the applications including fraud detection and prevention, liquidity risk analysis, credit risk management, real-time situational awareness, industry benchmarking and validation, and others applications.

The risk analytics solution is currently offered by numerous vendors such as IBM, Oracle, SAP, SAS, Teradata, WNS, Accenture, Moody’s Analytics, Crisil, Mu Sigma, and many more. These vendors are selling variations of risk analytics applications and managed services. 

Nowadays, the major issue retraining the growth of the risk analytics market is the upfront cost of the solution. Thus, the risk analytics vendors as well as resellers and systems integrators are working together to make sure that the maximum features are provided with the minimum cost. The risk analytics vendors are also engaged in delivering advanced applications with lower cost to enhance business efficiency.

Contact With Us
Join templatemonster at google+
Customized Research
Request Sample