Engineering analytics spend to touch $27 bn by 2017: Zinnov

MUMBAI: Bouyed by strong demand from industries like automobiles, aerospace and healthcare, the global engineering analytics (EA) market is poised to touch USD 27 billion by 2017, research firm Zinnov Management Consulting said today.

The spending on engineering analytics, which refers to derivation of meaningful insights by processing information from physical machines, was estimated to be about USD 12.6 billion in 2012.

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