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Global Predictive Analytics Category - Procurement Market Intelligence Report

Global Predictive Analytics Category - Procurement Market Intelligence Report

About Predictive Analytics

The increasing focus of businesses to use big data for forecasting customer behavior is a key growth driver for the predictive analytics market. The increase in the number of data sources of a business has led to the proliferation of user-generated data. By using predictive analytics, businesses can leverage this data to build statistical models that offer forward-looking statements on consumer behavior.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Predictive Analytics Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Predictive Analytics Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Use big data for forecasting customer behavior
  • For a full, detailed list, view our report
Category constraints
  • Data standardization and integration
  • For a full, detailed list, view our report
Procurement best practices
  • Seeking training and implementation support
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers ?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Predictive Analytics Category - Procurement Market Intelligence Report 2017-2021.

SpendEdge recognizes the following companies as the key suppliers in the Global Predictive Analytics Category - Procurement Market Intelligence Report: SAP, SAS, IBM, Oracle, and Microsoft.

Commenting on the report, an analyst from SpendEdge said: “Buyers should ensure that suppliers offer role-specific training through interactive sessions and provide an active platform for the exchange of ideas and clearing of doubts.”

According to the report, the increasing focus of businesses to use big data for forecasting customer behavior is a key growth driver for the predictive analytics market.

Further, the report states that a major procurement challenge experienced by buyers in the predictive analytics markets is the high costs involved in data standardization and integration

Companies Mentioned

SAP, SAS, IBM, Oracle, Microsoft

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
SAP
SAS
IBM
Oracle
Microsoft
PART 8: APPENDIX
Glossary
Key Notes
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