Prescriptive Analytics Market top companies
                     Prescriptive Analytics Market top companies, trends and technology 2020-2029 
Market Overview 
Prescriptive analytics is a tool used for formulating decision related to business outcomes. Prescriptive 
analytics is used in various organizations to enhance business operations by optimizing trade-offs 
between business goals such as costs or customer service, to increase customer satisfaction, and to 
identify first-in-market opportunities by leveraging big data. This is major factor aiding in growth of the 
market. 
Adoption of new technologies such as Big Data, Internet of Things (IoT), and real-time analytics is 
increasing by various organisations, in order to enhance business outcomes and gain competitive 
advantage in the market. Prescriptive analytics combines big data, machine learning, and artificial 
intelligence and business process, thereby delivering accurate decisions to solve business issues. 
Prescriptive analytic tools are used, in order to optimize supply chain and resources, reduce chances of 
data loss. Hence, prescriptive analytical tools used for extracting outcomes from this unstructured data 
that helps improving business decisions. Moreover, it also provides alternative solutions that helps in 
making strategic and tactical business decisions, which impacts both present and future outcomes. 
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Market Dynamics 
The supply-chain management segment is anticipated to be the largest segment during the forecasted 
period. The supply chain solutions are implemented in the various businesses verticals such as 
wholesale, retail, manufacturing and others. Supply-chain management solutions help to manage the 
inventory solution across the verticals.  The huge amount of data is generated in the organization at 
time of procurement of raw material till its sourcing to manufacturing. In order to minimize the cost and 
maximize the profit of the organization will leads to propel the demand for supply chain management 
segment in prescriptive analytics market 
In terms of verticals, BFSI verticals is projected to witness largest market share during the forecasted 
period due huge data generations within the bank system, which is responsible for  frauds related cases. 
Therefore, minimizing the risks and frauds related case in the financial sector is positively increasing 
demand for the prescriptive analytics for maintaining security of financial sectors. Furthermore, the 
prescriptive analytics outcomes also helps the financial sectors to boost the customer satisfaction 
towards the products & services. 
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Major players operating in the prescriptive analytics market include as IBM Corporation, Ayata, 
NGDATA, River Logic, Inc., Angoss Software Corporation, Emcien, Inc., Fair Isaac Corporation, Profitect, 
Fractal Analytics Inc., and Nelito Systems Ltd 
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