The Advanced Analytics Market in Germany, Austria and Switzerland
Adoption of advanced analytics is on the increase across all industries, with a variety of different tools currently available. This report focuses on vendors offering advanced analytics and data mining platforms, and analyzes the strengths and challenges of all the leading vendors in the market as well as a number of smaller vendors that often have less visibility, but equally offer outstanding value to their customers.
The full report is available to BARC Access subscribers.
Selection of vendors
There are specific inclusion criteria for vendors to be listed in this BARC Score: the first is associated with the characteristics of the vendor’s product, the second is linked to the financial results and installed user base of those products and the third refers to the regional distribution and support of the software.
To be evaluated in this BARC Score, a vendor has to supply the following platform portfolio:
- The vendor has developed and maintains its own advanced analytics software
- The software is not tied to a specific database
- The software offers the ability to specify custom workflows for generating advanced analytic models
- The software offers algorithms in the areas of unsupervised learning, supervised learning and time series analysis
In addition, the vendor has to generate a minimum of 1 million EUR in license revenue per year with the above product set, spread across the DACH region (Germany, Austria and Switzerland). To include vendors with an open source business model that have also gained popularity with commercial applications, we included software that has an installed user base of at least 10,000 users.
Every vendor is evaluated on two dimensions, ‘Portfolio Capabilities’ and ‘Market Execution’, each representing one axis on the BARC Score chart. Click here to find out more about the BARC Score methodology.