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Business Intelligence Market to Grow by USD 20.3 Million from 2024-2028, as Mergers and Acquisitions Drive Revenue with AI Redefining Market Landscape – Technavio

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NEW YORK, Nov. 8, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global business intelligence (BI) market  size is estimated to grow by USD 20.3 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  8.84%  during the forecast period. Increasing mergers and acquisitions is driving market growth, with a trend towards advanced analytical tools. However, rising concern for data privacy  poses a challenge.Key market players include Amazon.com Inc., Arbela Technologies Corp., GS Topco GP LLC, Hitachi Ltd., Idera Inc., InetSoft Technology Corp., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., Palantir Technologies Inc., Panorama Software Inc., QlikTech international AB, Salesforce Inc., SAP SE, SAS Institute Inc., ScienceSoft USA Corp., Sisense Ltd., TARGIT AS, and TIBCO Software Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2017 – 2021

Segment Covered

End-user (BFSI, Healthcare, ICT, Government, and Others), Deployment (On-premises and Cloud), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)

Region Covered

North America, APAC, Europe, Middle East and Africa, and South America

Key companies profiled

Amazon.com Inc., Arbela Technologies Corp., GS Topco GP LLC, Hitachi Ltd., Idera Inc., InetSoft Technology Corp., International Business Machines Corp., Microsoft Corp., MicroStrategy Inc., Oracle Corp., Palantir Technologies Inc., Panorama Software Inc., QlikTech international AB, Salesforce Inc., SAP SE, SAS Institute Inc., ScienceSoft USA Corp., Sisense Ltd., TARGIT AS, and TIBCO Software Inc.

Key Market Trends Fueling Growth

The Business Intelligence (BI) market is witnessing an upward trend with the adoption of advanced analytics solutions. These technologies enable businesses to analyze data from various sources, providing valuable insights into consumer behavior. Predictive analytical tools are a crucial component, using sophisticated mathematical and statistical techniques to make accurate predictions and forecasts. This aids in effective project management by connecting multiple projects and applications. Employing predictive portfolio analysis techniques helps businesses choose the most profitable projects. Predictive analytics tools adapt to changing business dynamics, such as consumer demand and market strategies, ensuring business success. The use of these advanced tools is anticipated to significantly contribute to the expansion of the global BI market.

Business Intelligence (BI) market is thriving with trends like predictive and adaptive analytics, business automation, and digital transformation. R&D efforts are focused on advanced analytics, continuous intelligence, real-time analytics, and augmented analytics. The retail sector is a significant adopter, with acquisitions, collaborations, and mergers shaping the landscape. CCS Presentation Systems, Rackspace Technology, GoodData, Amazon Web Services, and Microsoft are key players. Cloud transition, security, scalability, and productivity are top priorities. API-first design and modern data stacks are shaping the new BI landscape. Local laws and compliance regulations demand attention. Power BI, Dynamics 365, Microsoft Azure, and Amazon Web Services lead the way in providing cloud analytics platforms. IoT, AI, and ML are integral to data quality and strategic decision-making.

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Market Challenges

Business Intelligence (BI) and analytics systems play a crucial role in organizations by transforming data into valuable insights for informed decision-making. However, the integration of numerous systems and data silos for data harvesting poses significant challenges, particularly in ensuring data security and privacy. A predictive model’s access to confidential information increases the risk of security breaches, which could lead to brand damage, costly lawsuits, and insurance claims. Technical issues, such as bugs and interoperability failures, can also cause system downtime, negatively impacting business operations and brand value. Therefore, addressing data security and privacy concerns will be essential for the global BI market’s growth during the forecast period.Business Intelligence (BI) market is growing rapidly as organizations seek to make strategic decisions based on data. Digital transformation is driving the need for Intelligent Planning and advanced analytics, including Power BI, Dynamics 365, and Microsoft Azure. Real-time analytics, continuous intelligence, and augmented analytics are key trends. IoT, AI, and Machine Learning are transforming data into actionable insights. Data quality is crucial for accurate results, and third-party data sources add value. BI platforms require consulting, deployment, integration, and ongoing support. Cloud deployment is popular, but on-premise remains an option. Industries like Healthcare, Banking, and Retail are investing in BI tools for data visualization, text mining, predictive analytics, and statistical analysis. Big data analytics and cloud-based business solutions are essential for small and medium-sized organizations. BI infrastructure is crucial for digitization, and emerging technologies like Blockchain, Biometrics, and Predictive Maintenance are shaping the future of BI.

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Segment Overview 

This business intelligence (bi) market report extensively covers market segmentation by

End-user 1.1 BFSI1.2 Healthcare1.3 ICT1.4 Government1.5 OthersDeployment 2.1 On-premises2.2 CloudGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 BFSI-  The BFSI sector has experienced significant advancements due to digitalization, with tech giants like Google, Amazon, and Paytm entering the financial industry. Leveraging their vast user bases and partnerships with banks, these companies have integrated API payment solutions across their services, gaining a competitive edge. The data generation from various technologies necessitates the use of tools like Business Intelligence (BI) and data analytics. These solutions enable smarter decisions in finance and operations for financial institutions, ensuring regulatory compliance and meeting customer needs. Market growth is anticipated during the forecast period as a result.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2017 – 2021) 

Research Analysis

Business Intelligence (BI) is a technology-driven process that transforms raw data into valuable insights for strategic decision-making. It enables organizations to make informed decisions in real-time through intelligent planning and advanced analytics. Digital transformation has led to the increasing adoption of BI solutions, such as Power BI, Dynamics 365, and Microsoft Azure. These platforms offer continuous intelligence, real-time analytics, and augmented analytics, allowing businesses to gain insights from various data sources, including IoT and third-party data. BI platforms provide analytical applications, management, consulting, deployment, integration, support, and maintenance, ensuring data quality and enabling seamless data flow. Cloud deployment and on-premise deployment options cater to different business needs. AI, Machine Learning, and Data Quality are essential components of modern BI systems, providing advanced analytics capabilities and improving decision-making accuracy.

Market Research Overview

Business Intelligence (BI) is a technology-driven practice that transforms raw data into meaningful and useful insights for strategic decision-making. Digital transformation is driving the adoption of BI, enabling intelligent planning and advanced analytics through Power BI, Dynamics 365, and Microsoft Azure. BI platforms offer continuous intelligence, real-time analytics, and augmented analytics, integrating data from IoT, AI, ML, and third-party sources. Key areas of focus include data quality, data visualization tools, text mining, predictive analytics, and statistical analysis. Big data and cloud-based business solutions cater to small and medium-sized organizations, while healthcare, banking, and retail sectors benefit from BI infrastructure and digitization. Investment levels in BI are on the rise, fueled by the need for scalability, productivity, and security. Cloud deployment and on-premise deployment options are available, with consulting and advisory services from Rackspace Technology, GoodData, Amazon Web Services, and others ensuring seamless deployment, integration, and maintenance. R&D efforts in BI are ongoing, with emerging trends including blockchain, biometrics, predictive and adaptive analytics, business automation, and API-first design. Data proliferation necessitates compliance with local laws and regulations.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userBFSIHealthcareICTGovernmentOthersDeploymentOn-premisesCloudGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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HUYA Inc. to Report Third Quarter 2026 Financial Results on Tuesday, November 17, 2026

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-Earnings Webinar Scheduled for 5:00 a.m. ET on November 17, 2026-

GUANGZHOU, China, Oct. 27, 2026 /PRNewswire/ — HUYA Inc. (“Huya” or the “Company”) (NYSE: HUYA), a leading game-related entertainment and services provider, today announced that it will report its third quarter 2026 unaudited financial results on Tuesday, November 17, 2026, before the open of U.S. markets.

The Company’s management will host a Tencent Meeting Webinar at 5:00 a.m. U.S. Eastern Time on November 17, 2026 (6:00 p.m. Beijing/Hong Kong time on November 17, 2026), to review and discuss the Company’s business and financial performance.

For participants who wish to join the webinar, please complete the online registration in advance using the links provided below. Upon registration, participants will receive an email with webinar access information, including meeting ID, meeting link, dial-in numbers, and a unique attendee ID to join the webinar.

Participant Online Registration

A live webcast of the webinar will be accessible at https://ir.huya.com, and a replay of the webcast will be available following the session.

[1] For the purpose of this announcement only, Chinese Mainland excludes the Hong Kong Special Administrative Region, the Macao Special Administrative Region of the People’s Republic of China, and Taiwan.

About HUYA Inc.

HUYA Inc. is a leading game-related entertainment and services provider. Huya delivers dynamic live streaming and video content and a rich array of services spanning games, e-sports, and other interactive entertainment genres to a large, highly engaged community of game enthusiasts. Huya has cultivated a robust entertainment ecosystem powered by AI and other advanced technologies, serving users and partners across the gaming universe, including game companies, e-sports tournament organizers, broadcasters and talent agencies. Leveraging this strong foundation, Huya has also expanded into innovative game-related services, such as game distribution, in-game item sales, advertising and more. Huya continues to extend its footprint in China and abroad, meeting the evolving needs of gamers, content creators, and industry partners worldwide.

For more information, please visit: https://ir.huya.com.

For investor and media inquiries, please contact:

In China:

HUYA Inc.
Investor Relations
Tel: +86-757-6681-1975
E-mail: ir@huya.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
E-mail: huya@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: huya@tpg-ir.com

View original content:https://www.prnewswire.com/news-releases/huya-inc-to-report-third-quarter-2026-financial-results-on-tuesday-november-17-2026-302920241.html

SOURCE HUYA Inc.

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MEXC and Hacken Launch AI Trading Safety Handbook to Promote Safer AI Adoption

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MUTSAMUDU, Comoros, Oct. 27, 2026 /PRNewswire/ — MEXC, a pioneer in 0-fee digital asset trading, and blockchain security, compliance, and regulatory assurance partner Hacken, have released the MEXC × Hacken AI Trading Safety Handbook, providing practical guidance on how users and platforms can use and deploy AI-assisted and automated trading tools more safely, from research and decision support through trade execution.

The handbook follows the recent MEXC AI Trading Report, which found strong interest in AI alongside clear demand for greater control. In MEXC’s 2026 survey, willingness to use automated trading rose from 55% to 71.8% when limits on funds, positions, leverage and losses were introduced.

As AI takes a more active role in trading, the handbook emphasizes that safety cannot rely on the AI model alone. AI-facilitated actions should be checked against separate permissions, financial limits and risk controls before execution. It covers risks including credential exposure, excessive permissions, manipulated data and unintended execution, while outlining practical safeguards for both users and platforms.

For users, the handbook sets out five safety checks: Ask, Verify, Limit, Control and Review. For platforms, it outlines five principles: Guard, Limit, Approve, Controls and Test. Together, they provide a practical framework for expanding the use of AI while keeping appropriate controls in place.

“AI can make trading more accessible and efficient, but greater capability should come with stronger safeguards,” said Vugar Usi Zade, CEO of MEXC. “At MEXC, we want users to benefit from innovation, while taking a measured approach to AI adoption. Our People First principle means giving users access to new capabilities without losing sight of control, transparency and risk.”

“AI agents will soon place more orders than people do. Trust in them should be earned the way smart contracts earned it: through independent controls, continuous red-teaming and evidence anyone can verify,” said Dyma Budorin, CEO and co-founder of Hacken. “This handbook is intended to raise awareness of those risks and provide practical support for both users and platforms. As adoption grows, platforms will need to test these safeguards continuously and strengthen them as new risks emerge.”

MEXC and Hacken hope the handbook can serve as a practical reference for users and platforms as AI becomes more deeply integrated into trading, helping raise risk awareness and support safer, more responsible adoption across the industry.

About MEXC

Founded in 2018, MEXC is a leading global multi-asset trading platform built as your 0-fee gateway to infinite opportunities. Serving users across 170+ markets, MEXC provides simple and efficient access to crypto, stocks, tokenized assets, derivatives, and a growing range of TradFi-linked opportunities through one account and one gateway.

With 0 trading fees, deep liquidity, broad asset coverage, and a high-performance trading experience, MEXC is designed for retail users who want to discover earlier, act faster, and trade with fewer barriers. As crypto and traditional finance continue to converge, MEXC is committed to making global opportunities more accessible, helping users trade freely and MEXCmize every opportunity.

MEXC Official Website| X | Telegram |How to Sign Up on MEXC

About Hacken

Hacken is a security and assurance partner for financial institutions and the infrastructure they rely on: exchanges, ecosystems, custodians, banks, asset managers, and tokenization platforms. Hacken’s AI security work includes AI agent security audits and red-teaming of AI systems.

Founded in 2017, Hacken has 60+ engineers and more than 1,500 clients across industries, including the European Commission, ADGM, Ethereum Foundation, Societe Generale-Forge, MetaMask, and Bybit.

Hacken website | X | LinkedIn

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SOURCE MEXC

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Renoworks Appoints SaaS Sales Executive Madan Murthy as Vice President of Sales

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Strategic appointment strengthens enterprise sales capabilities to accelerate growth and market adoption of renoworks.ai

CALGARY, AB, Oct. 27, 2026 /PRNewswire/ — Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) (“Renoworks” or the “Company”), an industry leader in AI-powered visualization, design and lead-generation technology for the building products industry, today announced the appointment of Madan Murthy as Vice President of Sales. The appointment supports initial positive feedback from existing clients of renoworks.ai, which now requires more sales resources to move faster.

Mr. Murthy brings more than 25 years of experience building and scaling business-to-business technology and Software-as-a-Service (SaaS) organizations, with a demonstrated track record of accelerating revenue growth, acquiring enterprise customers and developing high-performing sales organizations across international markets.

The appointment comes as Renoworks enters a new phase of growth following the launch of renoworks.ai, its next-generation AI-native platform combining photorealistic visualization, product intelligence, homeowner engagement, lead generation and data analytics. The Company believes this expanded offering creates significant opportunities to deepen relationships with existing customers and attract new manufacturers, distributors, retailers and contractors seeking to leverage AI to improve customer engagement and drive sales.

“The launch of renoworks.ai represents an important step forward in our growth strategy, and we believe the opportunity to expand our market presence has never been greater,” said Doug Vickerson, Chief Executive Officer of Renoworks. “Following recent introductions of these new capabilities to the building products industry, it is evident that it is now time to strengthen our enterprise sales organization. Madan brings extensive experience scaling SaaS businesses, winning major enterprise accounts and building repeatable sales processes. His proven ability to translate innovative technology into sustainable revenue growth makes him an excellent addition to our leadership team.”

Throughout his career, Mr. Murthy has contributed to significant revenue growth across multiple technology organizations. His accomplishments include helping scale a business from $50 million to $225 million in revenue while increasing new-customer opportunity-to-close rates from 8% to 35% and improving customer retention to 98%. He has also helped grow an early-stage software company’s SaaS business to $25 million in recurring revenue, secured Fortune 500 customers and built and led a 30-person international sales organization spanning North America, Europe and Asia-Pacific.

In his new role, Mr. Murthy will focus on expanding Renoworks’ enterprise customer base, developing new market opportunities and accelerating adoption of renoworks.ai. He will work closely with the Company’s existing business development, marketing and customer success teams to strengthen its sales pipeline, enhance go-to-market execution and support long-term recurring revenue growth.

“I am excited to join Renoworks at such an important stage in its evolution,” said Madan Murthy, Vice President of Sales. “The combination of Renoworks’ established relationships across the building products industry, deep product expertise and its new AI-native platform creates a compelling opportunity for growth. I look forward to working with the team to expand our enterprise presence, develop new customer relationships and help bring the benefits of renoworks.ai to a broader market.”

About Renoworks

Renoworks Software Inc. (TSXV: RW) (OTC: ROWKF) develops and markets AI-powered software solutions for the home remodeling and new home construction industries. The Company provides manufacturers, contractors, builders and retailers with innovative digital solutions that help homeowners visualize building products on their homes, make more informed purchasing decisions and connect with industry professionals.

Through its next-generation renoworks.ai platform, the Company is expanding beyond traditional visualization to deliver advanced AI-driven design capabilities, product intelligence, lead generation, data analytics and integrated sales workflows. These solutions help industry participants enhance customer engagement, streamline the remodeling process and increase sales opportunities.

Renoworks generates revenue through its primary business lines, including Renoworks Enterprise, Renoworks PRO, Renoworks Design Services and Renoworks API.

For more information, visit www.renoworks.com and www.renoworkspro.com.

Forward Looking Information

Certain statements in this news release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the Company to enhance operating results, expand adoption of its AI-powered platform and introduce new software capabilities, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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SOURCE RenoWorks Software Inc.

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