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India News Releases
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(India.CityRegions.Com, August 07, 2018 ) Spend analytics has become a vital and a powerful asset for procurement departments that helps in strategic planning and evaluating total expenditure on products, services, and other commodities, thereby improving the overall business scenario by decreasing the procurement costs and enhancing efficiency. Spend analysis tools are increasingly becoming available in the market, thus easing and speeding up the process. Looking at these benefits, the enterprises are now rapidly adopting spend analytics software and services, which in turn is triggering the growth of the global market for spend analytics.
Top Manufacturer Detail-
Sap, Sas Institute, Ibm, Oracle, Coupa Software, Zycus, Proactis, Empronc Solutions, Jaggaer, Rosslyn Data Technologies, Ivalua, Bravosolution
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Geographically, the North American market for spend analytics is expected to dominate the global market with the highest market share, mainly because of the early adoption of new and emerging technologies and the presence of many major vendors for spend analytics in this region, which are further helping in securing revenues in the market. However, the market in Asia-Pacific is projected to grow at the highest CAGR over the forecast period, owing to the increased adoption of cost-effective spend analytics software and services among SMEs and rising technology expenditures in emerging economies such as China and India.
The spend analytics market by deployment model has been segmented into on-premises and cloud. The cloud deployment model is expected to witness a high CAGR during the forecast period, owing to its cost effectiveness, scalability, and ease of deployment. Cloud solutions support real-time visibility of the sourcing and procurement activities, enabling organizations to interconnect with employees and customers anytime, before, during, and after each appointment.
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Table of Contents
Section 1 Spend Analytics Product Definition
Section 2 Global Spend Analytics Market Manufacturer Share and Market Overview 2.1 Global Manufacturer Spend Analytics Shipments 2.2 Global Manufacturer Spend Analytics Business Revenue 2.3 Global Spend Analytics Market Overview
Section 3 Manufacturer Spend Analytics Business Introduction 3.1 Sap Spend Analytics Business Introduction 3.1.1 Sap Spend Analytics Shipments, Price, Revenue and Gross profit 2014-2017 3.1.2 Sap Spend Analytics Business Distribution by Region 3.1.3 Sap Interview Record 3.1.4 Sap Spend Analytics Business Profile 3.1.5 Sap Spend Analytics Product Specification
Section 5 Global Spend Analytics Market Segmentation (Product Type Level) 5.1 Global Spend Analytics Market Segmentation (Product Type Level) Market Size 2014-2017 5.2 Different Spend Analytics Product Type Price 2014-2017 5.3 Global Spend Analytics Market Segmentation (Product Type Level) Analysis
Section 6 Global Spend Analytics Market Segmentation (Industry Level) 6.1 Global Spend Analytics Market Segmentation (Industry Level) Market Size 2014-2017 6.2 Different Industry Price 2014-2017 6.3 Global Spend Analytics Market Segmentation (Industry Level) Analysis
Section 7 Global Spend Analytics Market Segmentation (Channel Level) 7.1 Global Spend Analytics Market Segmentation (Channel Level) Sales Volume and Share 2014-2017 7.2 Global Spend Analytics Market Segmentation (Channel Level) Analysis
Section 8 Spend Analytics Market Forecast 2018-2022 8.1 Spend Analytics Segmentation Market Forecast (Region Level) 8.2 Spend Analytics Segmentation Market Forecast (Product Type Level) 8.3 Spend Analytics Segmentation Market Forecast (Industry Level) 8.4 Spend Analytics Segmentation Market Forecast (Channel Level)
Section 9 Spend Analytics Segmentation Product Type 9.1 Predictive Analytics Product Introduction 9.2 Prescriptive Analytics Product Introduction 9.3 Descriptive Analytics Product Introduction
Section 10 Spend Analytics Segmentation Industry 10.1 Financial Management Clients 10.2 Risk Management Clients 10.3 Governance And Compliance Management Clients 10.4 Supplier Sourcing And Performance Management Clients 10.5 Demand And Supply Forecasting Clients
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Rajat Sahni
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Source: EmailWire.Com
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