impact

Coronavirus Business Impact: Business Intelligence Market Report 2020-2025| Industry Trends And Analysis

The MarketWatch News Department was not involved in the creation of this content.

Jun 20, 2020 (AmericaNewsHour) —
The Global Business Intelligence Market was valued at USD 17.15 billion in 2016 and is projected to reach USD 147.19 billion by 2025, growing at a CAGR of 26.98% from 2017 to 2025.

Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information. BI encompasses a wide variety of tools, that enable organizations to collect data from internal systems and external sources, prepare it for analysis, develop and run queries against that data, and create reports for better decision making process. Benefits of business intelligence include – improve efficiency, better inventory management, identify new revenue opportunities, and get insights to make accurate and timely business decisions.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Degree of Future COVID-19 Revenue Impact Is ‘Simply Unknowable’

Chubb Chairman and CEO Evan Greenberg insists the global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges affecting many lines of coverage.

Broadly speaking, the insurer will likely take hits on the liability side and earnings via at least a temporary reduction in premium revenues, Greenberg explained during an April 22 investor call held to discuss Chubb’s Q1 2020 earnings.

“Our growth momentum, particularly in our commercial [property/casualty] business globally, continued into April, and we continue to experience improved rate to exposure,” Greenberg said. “As we go forward, offsetting that, will be a meaningful impact to growth from the health and economic crisis as exposures in important areas shrink for a time, with the impact varying by country,” Greenberg said.

Consumer-related lines including travel insurance, A&H “discretionary purchases” and automobile insurance will all take hits, as customers

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Business Intelligence Market Analysis With Impact of COVID-19, Top Companies, Trends, Demand, Future Opportunity Outlook 2025

The MarketWatch News Department was not involved in the creation of this content.

Apr 30, 2020 (AmericaNewsHour) —
The Global Business Intelligence Market was valued at USD 17.15 billion in 2016 and is projected to reach USD 147.19 billion by 2025, growing at a CAGR of 26.98% from 2017 to 2025.

Business Intelligence (BI) refers to technologies, applications and practices for the collection, integration, analysis, and presentation of business information. BI encompasses a wide variety of tools, that enable organizations to collect data from internal systems and external sources, prepare it for analysis, develop and run queries against that data, and create reports for better decision making process. Benefits of business intelligence include – improve efficiency, better inventory management, identify new revenue opportunities, and get insights to make accurate and timely business decisions.

The Final Report will cover the impact analysis of COVID-19 on this industry:

Download Sample of This

Read More

COVID-19: Finance professionals worry over impact of the pandemic on businesses

Finance professionals working in organizations, large and small in the public and private sectors, have expressed deep concerns about the impact of Covid-19 on people, productivity and cashflow of businesses.

The dreaded disease which the World Health Organisation has described as a global health emergency, is taking toll on families and their businesses, leading to pay cuts and posing threat to job security.

A  new global research conducted by Association Of Chartered Certified Accountants (ACCA) among 10,000 finance professionals, including an expert panel of 227 in Nigeria turned out startling revelations.

Respondents in Nigeria say the most severe impact of the virus is employee productivity being negatively affected, with 55 percent saying this was the case, followed by cash flow problems hitting business viability.

33 percent of the respondents, according to the research, stated that the virus is really an impact while  a third of the respondents explained they were

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