'Make Data-Driven Decisions With Power BI Consulting & Implementation' cc: mparticle growthmarketing powerbi
will be produced by 2025. To understand this better, here’s simple math to follow - one zettabyte is roughly one billion terabytes. The rise in data presents an opportunity for enterprises to unlock new revenue streams, drive business growth, and gain a competitive advantage. However, the exponential rate with which data is churned out by enterprises, it becomes challenging for them to analyze the produced data, extract meaningful insights, and make informed business decisions.
Today, businesses are actively adopting BI and Analytics tools to analyze data and make informed decisions. According to a recent report, the global BI market was valued at 22.26 billion USD in 2020 and it reached 24.05 billion USD by the next year. Furthermore, it is estimated that by 2028, the global Business Intelligence market will reach 43.03 billion USD with a CAGR of 8.7% during the 2021-2028 period.
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