Data-Management is increasingly becoming tough. On-premises analytical solutions are expensive as they are very resource-intensive to process massive data-sets.
As Companies analytical requirement keeps growing due to new data-sources,data-complexities, etc, they have been looking for a cost-effective cloud-based model for data-mining and predictive analysis that can provide quick insights.
Analytics-as-a-service (AaaS) offers a low-cost offering to manage large data sets in a more agile way. Additionally, AaaS can also provide ML/AI-based data insights like predictive analysis, purchasing patterns, customer behavior analysis, etc. With AaaS, you can choose any BI solution of your choice for the data visualization.