Softengi, a global digital transformation partner for businesses that wish to drive innovation, was named one of the most esteemed companies profiled in the Augmented Analytics market by the Digital Journal.
In its latest article on the future of the Augmented Analytics market, the Digital Journal listed Softengi as one of the leading companies profiled in the industry. Other notable companies are Salesforce, SAP, IBM, Microsoft, Oracle, SAS, TIBCO Software, and Qlick, to name a few. Our company would like to express our sincere gratitude for being featured alongside such well-established enterprises that help move autonomous data analysis innovations forward.
According to a study provided by Future Market Insights that was mentioned in the article, the market for augmented analytics is expected to reach $7.2 billion as of 2023. It will be worth $50.9 billion by 2032, growing at a CAGR of 21.6%. It is predicted that an increasing number of organizations will consider augmented analytics solutions for data and survey analysis that will require less manual operations. Augmented analytics tools are expected to make data cleaning, insight production, and data collecting easier with the help of machine learning algorithms.
Augmented analytics can be used across various sectors and industries. For example, companies engaged in e-commerce will find advanced analytics most useful to improve customer personalization and quickly identify new trends based on raw data collected from their online advertising campaigns. It will be easier for them to better serve their customers and increase conversion rates. Retailers can rely on augmented analytics to track online behavior across a variety of platforms to build better relationships with consumers. It is predicted that deeper personalization in retail and e-commerce will contribute to the market’s expansion in the years ahead.
From a business perspective, the need for data scientists will reduce with time. Augmented analytics makes data more accessible for all types of companies, large and small, that can now gain vital intel from their data sources more freely. Unlike other solutions that only visualize data based on the analysis prepared by data scientists, decision-makers are given an opportunity to operate with data themselves using Augmented Analytics.
“Many thanks to The Digital Journal for featuring us in the list of major companies profiled in the Augmented Analytics market alongside such tech giants as IBM, Microsoft, and Salesforce. It is a great honor for Softengi to have our digital transformation accomplishments recognized by such a respectful media resource.” – Softengi Team.
About the Digital Journal
The Digital Journal is a global media platform and content partner that elevates voices in the news cycle by capturing and covering firsts. Today, the resource attracts millions of readers, including hundreds of thousands of social media followers, and publishes around 70,000 articles per month.
Founded in 1998 as an independent media company, it focuses on helping businesses share important news with those reading or searching, as well as empowering its audiences to learn something new. The Digital Journal’s mission is to unearth business and digital world insights and share them with the community.