Global Operational Intelligence Market- Industry Analysis and forecast 2020 – 2027
Global Operational Intelligence Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at XX% through 2020 to 2027, reaching nearly US$ 5.6 Bn.
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Global Operational Intelligence Market Dynamics
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Operational intelligence (OI) is a type of real-time dynamic, business analytics that delivers insight and visibility into data, streaming events and business operations. OI provides organizations with the capacity to make decisions and immediately act on these analytic insights, through automated or manual actions.
The report contains a detailed study of factors that will drive and restrain the growth of the operational intelligence market. The need for operational intelligence systems is growing owing to the rising workflows and complex planning programs. OI can aid any enterprise to do business in the mobile world, and help in developing several strategies, and monitors customized workflows. All these can ease access to real-time data for actionable insights. One of the major benefits is that it helps in cessations of work directly and modifies the inventory to ensure that new business orders are kept current on a daily basis. Operational intelligence further performs tasks such as world flow schedules, impacts diagnose trouble codes, monitoring utilization, and track preventive, helping toward a better understanding of the total price of operation on a real-time basis.
On the other hand, data integrity issues related to multiple data sources and the need for manual adjustments might cause some hamper in the demand for OI market. Another major factor affecting the growth of the global market is the lack of skilled professionals, who are still not able to leverage the full potential of operational intelligence technology.
By vertical, the retail segment is expected to grow at the highest XX.21% CAGR during the forecast period. The retail marketplace generates an immense volume of transaction data that is collected from their operational systems like e-commerce or online retailing solutions and financial & point-of-sale systems. The data collected can be processed to achieve consumer insights, understanding the client needs better, and performance of the product in the market. Retailers across the world are constantly focusing on creating new ways to collect data during the buying process of their customers that will help them to leverage the insights of their collected data in order to recognize its potential financial value. Likewise, the report covers the segments in the operational intelligence market such as deployment model and vertical.
Global Operational Intelligence Market Regional Analysis
The report offers a brief analysis of the major regions in the operational intelligence market, namely, Asia-Pacific, Europe, North America, South America, and the Middle East & Africa. North America is expected to continue to hold the largest XX% share in operational intelligence market owing to the technologically advanced infrastructure and growing adoption of data analytics across various industries in North America.
The U.S is considered to be the leading country in the operational intelligence market owing to the presence of major OI vendors. The market in the U.S has also witnessed the increased emergence of mobile and cloud-based OI solution providers over the past few years. With the industry 4.0 revolution, various industry verticals have adopted advanced IT solutions, like IoT, big data, and advanced analytics, and cloud computing solutions, prominent to the generation of a huge amount of real-time data.
The research study includes the profiles of leading companies operating in the global operational intelligence market. In January 2018, Telstra accepted the use of Splunk to have a personalized customer experience. The use of Splunk software is anticipated to provide deeper insights and solve various business problems simultaneously.
The objective of the report is to present a comprehensive analysis of the Global Operational Intelligence Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Operational Intelligence Market dynamics, structure by analyzing the market segments and projects the Global Operational Intelligence Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Operational Intelligence Market make the report investor’s guide.
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Global Operational Intelligence Market, by Deployment Model
• Cloud-based
• On-premises
Global Operational Intelligence Market, by Vertical
• Retail
• Manufacturing
• Financial Services
• Government
• IT and Telecommunication
• Military and Defense
• Transport and Logistics
• Healthcare
• Energy and Power
Global Operational Intelligence Market, by Region
• Asia Pacific
• North America
• Europe
• Latin America
• Middle East Africa
Global Operational Intelligence Market Key player
• OpsVeda, Inc.
• Splunk Inc
• SQLsteam
• Vitria technology, Inc
• Flexeye Ltd.
• Axway Inc.
• Intelligent InSites, Inc.
• Starview Inc.
• Oversight Systems, Inc.
• Space Time Insight, Inc.
• Software AG
• OpenText Corp.
• VisionWaves B.V.
• GE Corporation
• Ventana Research
• SAP SE
• HP Inc.
• Turnberry Corporation
• IBENOX Pty Ltd.
• SolutionsPT Ltd
• Rolta India Limited
• Invensys Inc.
• RheinBrücke IT Consulting GmbH
• Wipro Limited
• Uniper SE
• TIBCO Software Inc.
• Advanced Control Systems, Inc.
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