Market Share of Financial Analytics Industry
The financial analytics market is semi-consolidated owing to the presence of many players in the financial analytics market. The market is relatively concentrated, and the key strategies adopted by the major players are product innovation and partnerships. Some major players in the market are IBM Corporation, Microsoft Corporation, and Oracle Corporation, among others.
- December 2023 - FICO launched an advanced analytics platform for banking in India. FICO has recently announced that its innovative cloud-based platform is now available in India. Early adopters of this breakthrough technology include well-known Indian banks such as HDFC Bank, Axis Bank, and AU Small Finance Bank.
- March 2023 - Epicor acquired DSPanel, a global provider of cloud-based Financial Planning and Analysis (FP&A) solutions, and an existing Epicor ISV partner. The acquisition extends the company's portfolio of financial management solutions, helping makers, sellers, and movers worldwide streamline and simplify budgeting, forecasting, planning, scenario modeling, and financial reporting.
Financial Analytics Market Leaders
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IBM Corporation
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Microsoft Corporation
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Oracle Corporation
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SAP SE
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SAS Institute
*Disclaimer: Major Players sorted in no particular order
