What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in predictive analytics software category. Our data sources in predictive analytics software category include;
Predictive analytics software enable companies to predict trends and inform future decisions.
Predictive analytics solutions are inherently similar to BI (Business Intelligence) solutions. Both solutions allow companies to make insight-driven business decisions. While BI tools focus on leveraging historical data, predictive analytics tools also employ techniques such as monte carlo simulations to inform users about possible future outcomes. However, BI tools have been integrating more predictive features into their tools, in which case they are classified as both BI and predictive analytics tools
If you’d like to learn about the ecosystem consisting of Predictive Analytics Software and others, feel free to check AIMultiple AI Solutions.
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We use the data sources on the side for ranking solutions and awarding badges in predictive analytics software category. Our data sources in predictive analytics software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Alteryx
Cvent
Anaplan
BOARD
Insider
Taking into account the latest metrics outlined below, these are the current predictive analytics software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Cvent
Alteryx
RapidMiner
Insider
Anaplan
These are the number of queries on search engines which include the brand name of the solution. Compared to other AI Solutions categories, Predictive Analytics Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 65%, 12% more than the average of search queries in this area.
37 employees work for a typical company in this solution category which is 16 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 70 companies with >10 employees are offering predictive analytics software. Top 3 products are developed by companies with a total of 400k employees. The largest company building predictive analytics software is IBM with more than 300,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Alteryx
Cvent
BOARD
Anaplan
Insider
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Predictive Analytics Software companies. The most positive word describing Predictive Analytics Software is “Easy to use” that is used in 8% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the Predictive Analytics Software reviews.
According to customer reviews, most common company size for predictive analytics software customers is 1,001+ employees. Customers with 1,001+ employees make up 34% of predictive analytics software customers. For an average AI Solutions solution, customers with 1,001+ employees make up 31% of total customers.
These scores are the average scores collected from customer reviews for all Predictive Analytics Software. Predictive Analytics Software is most positively evaluated in terms of "Customer Service" but falls behind in "Ease of Use".
This category was searched on average for 987 times per month on search engines in 2022. This number has decreased to 720 in 2023. If we compare with other ai solutions solutions, a typical solution was searched 3k times in 2022 and this decreased to 2.9k in 2023.