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Prescriptive Analytics

Prescriptive Analytics

This report analyzes the Global market for Prescriptive Analytics in US$ Million. Annual estimates and forecasts are provided for the period 2015 through 2022. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 48 companies including many key and niche players such as -

Ayata
Frontline Systems, Inc.
IBM Corporation
Profitect, Inc.
River Logic, Inc.

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I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study
II. A GLOBAL MARKET REPORT
1. INDUSTRY OVERVIEW
The Power of Business Analytics: A Primer
Analytical Disruption Fuels the Emergence of the Era of Prescriptive Analytics
Prescriptive Analytics: Market Overview
Prescriptive Analytics Sits on Top of the Analytics Value Tree
Bright Prospects Ahead for Prescriptive Analytics
Major Factors driving Growth
Factors Hindering Growth
Working on Hybrid Data: The Cornerstone of Prescriptive Analytics Success
Scientific Tools: Critical to Effectiveness of Prescriptive Analytics
Operations Research: A Significant Contributor to Prescriptive Analytics’ Capabilities
Monte Carlo Simulation in Prescriptive Analytics Help Decision Making in Uncertainty
Business Process Definition: The Critical Step in Modeling Prescriptive Analytics Process
Ayata – The Leader in Prescriptive Analytics
Key Market Trends, Drivers & Issues
Machine Learning Drives Prescriptive Analytics
Tailored Approaches to Embedding Prescriptive Analytics in Organizations: A Key Trend Among Insight-Driven Enterprises
Decision-Based Approach Scores over Layer Based Deployment Strategies
Rising Popularity of Automated Business Decisions to Expand the Addressable Market for Prescriptive Analytics
Growing Prominence of Big Data Bodes Well for Prescriptive Analytics as the Future of Big Data Syntheses
Big Data Projects On the Roll
Why Prescriptive Analytics is the Future of Big Data Synthesis?
Table 1: Growing Commitment to Big Data As Measured by the Expenditure on Big Data Hardware, Software & Services to Benefit Adoption of Prescriptive Analytics as a Big Data Analytics Tool: Global Big Data Investments (In US$ Billion) for the Years 2015 & 2017 (includes corresponding Graph/Chart)
Proliferation of IoT to Benefit the Evolution of IoT-Enabled Prescriptive Analytics
Table 2: The Ballooning IoT Ecosystem Fuels Interest in Prescriptive Analytics as a Linchpin for Driving Value from IoT Data & Projects: Breakdown of the Installed Base of IoT Connected Devices (In Million Units) for the Years 2015 & 2020 (includes corresponding Graph/Chart)
Rise in Cyber Crime & the Need for Crime Prediction & Prevention to Spur Opportunities for Prescriptive Analytics
Table 3: As a Must-Have Security Technology, Growing Cybersecurity Investments to Benefit the Evolution of Prescriptive Analytical Models of Cybercrime Prevention: Global Cybersecurity Spending (In US$ Billion) for the Years 2014, 2016 & 2018 (includes corresponding Graph/Chart)
Prescriptive Analytics Simulations and Optimization Offer Far Reaching Benefits for Businesses
Limitations in Conventional BI to Foster Growth of Optimization-based Prescriptive Analytics
Growing Decision Complexity Drives Use of Prescriptive Analytics in B2B Settings
Few Takers as Yet for the Demanding Technology
Assembling Existing Tools and Services - The Other Ways Round to Address Resource Needs
Off-the-shelf Solutions – the Next Major Milestone
Large Enterprises Remain Major Beneficiaries of Prescriptive Analytics
2. A PEEK INTO HOW PRESCRIPTIVE ANALYTICS PROMISES TO CHANGE THE WAY BUSINESSES ARE OPERATED
Transportation – An Early Adopter of Prescriptive Analytics
Large Data Sets Make Travel and Transportation Industry Prime for Prescriptive Analytics Implementation
Optimization-Led Prescriptive Analytics Push Innovation Ahead in Supply-Chain
Prescriptive Analytics Takes S&OP to a Whole New Level
Healthcare Sector Transformation Augurs Well for Adoption of Prescriptive Analytics
Process Optimization – An Added Advantage of Prescriptive Analytics in Healthcare
Use Cases of Prescriptive Analytics in Healthcare Sector
Bringing Disparate Processes under One Umbrella
Data Prep – A Major Stumble Block for Adoption in Healthcare
Retailers Gain Big Way with Prescriptive Analytics
Oil & Gas – A Major Application Area
Prescriptive Analytics Optimizes Development of Unconventional Resources
Need for Optimal Fracking in Oil & Gas Sector Draws Attention towards Prescriptive Analytics
Equipment Maintenance and Pricing – the Other Application Areas with Significant Benefits
Prescriptive Analytics to Emerge as a Game Changer Analytical Tool in HR Functions
Growing Cyber Crimes to Drive Adoption of Prescriptive Analytics
3. TECHNOLOGY OVERVIEW
A Peek into Various Business Analytics Solutions
BI Tools
Predictive Analytics
Prescriptive Analytics
Defining Prescriptive Analytics
The Working of Prescriptive Analytics
Approaches to Prescriptive Analytics
Stochastic Optimization
List of Major Scientific Disciplines used in Prescriptive Analytics
A Peek into History of Prescriptive Analytics
Timeline for Evolution of Prescriptive Analytics at Ayata
4. RECENT INDUSTRY ACTIVITY
TOPS Markets Selects Profitect’s Prescriptive Analytics Sales Module
Profitect and Zebra Extend Their Relationship
Sally Beauty Supply Chooses Profitect’s Prescriptive Technology for Loss Prevention
SPINS Team Up with Compellon for Prescriptive Analytics
Absolutdata and GoodData Team Up for Predictive and Prescriptive Analytics
Mtell and OSIsoft Partner for Asset Prescriptive Maintenance
Massachusetts General Hospital and Rulex New Model for Predicting OSA
Boomerang Adds Prescriptive Optimization Capabilities to its Retail Solutions Suite
Warbler Launches Prescriptive Analytics-based Mobile Marketing Platform
YouEye Unveils DIY SaaS-based Prescriptive Analytics Platform
Intenda UK Takes Over MindsI Analytics
Cedar Gate to Incorporate River Logic’s EO for Improving Operational Planning Aspects
BAE Rolls Out COMMSREVEAL™ Prescriptive Analytics Solution
Bentley Systems Takes Over C3global
Profitect and Zebra Technologies Strike Reseller Deal
SoftServe to Implement River Logic’s Enterprise Optimizer® Prescriptive Analytics Platform
5. FOCUS ON SELECT PLAYERS
Ayata (US)
Frontline Systems, Inc. (US)
IBM Corporation (US)
Profitect, Inc. (US)
River Logic, Inc. (US)
SAP SE (Germany)
SAS Institute, Inc. (US)
TIBCO Software Inc. (US)
6. GLOBAL MARKET PERSPECTIVE
Table 4: World Recent Past, Current and Future Analysis for Prescriptive Analytics Software by Geographic Region - North America and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart)
Table 5: World 8-Year Perspective for Prescriptive Analytics Software by Geographic Region - Percentage Breakdown of Revenues for North America and Rest of World Markets for Years 2016 and 2022 (includes corresponding Graph/Chart)
III. COMPETITIVE LANDSCAPE
Total Companies Profiled: 48
The United States (38)
Canada (3)
Europe (6)
- Germany (1)
- The United Kingdom (3)
- Rest of Europe (2)
Asia-Pacific (Excluding Japan) (1)

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