Bulletin
Investor Alert

New York Markets Close in:

July 9, 2020, 6:41 a.m. EDT

Operational Intelligence Market Size, Share and Top Key Players During 2020-2022

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Jul 09, 2020 (AmericaNewsHour) -- Operational Intelligence is a real-time dynamic business analytics solution which delivers better visibility and insights for the businesses. OI helps in analyzing and improving the business data by understanding the information highlighting the pitfalls and finding simple ways for responding and tracking the effects.

OI provides flexible, integrated, and real-time decision-making support to the top management in the organization. Operational intelligence promotes automation in decision-making process, which enhances decision-making, market responses and reduces severe delays in the process.

Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10065200

Market Dynamics
Growth in the adoption of the Business Intelligence solutions, focus on cost reduction and improving process efficiency are some of the drivers contributing towards the growth of the operational intelligence market. One of the other major drivers for this market is the increasing need for real-time decision-making.
Operational Intelligence is an evolutionary and technological leap beyond Business Intelligence and Management Information systems that presented retrospective, static and generic intelligence about an organization's performance.

The advantages of OI over these conventional methodologies will propel the market in the future as companies that enable their management to respond in a timely manner to operational variances and market volatility are better equipped to minimize the adverse impacts caused by uncertain operational disturbances in the market. It helps companies by providing a platform by improving their awareness and ability to sense and respond quickly to dynamics of the changing business.
However, data integrity issues related to multiple data sources and need for manual adjustments might cause some hindrance in the demand for this particular market. Another major factor affecting the growth of this market is the lack of skilled professionals, who are still not able to leverage the full potential of OI technology.

Market Segmentation
The global operational intelligence market has been broadly segmented on the basis of deployment model (On-Premise and On-Demand) and on the basis of the end user industry. In terms of end-use industry, the global operational intelligence market is segmented into IT and telecommunication industry, healthcare industries, travel and financial industry, retail industry and others. The other segment includes manufacturing, power and energy, and logistics industries. Based on deployment type, the global operational intelligence market is segmented as mentioned before into on-premise operational intelligent systems, cloud based operational intelligent systems and hybrid operational intelligent systems.

Regional/Geographic Analysis
It has a global presence across North America, Europe, Middle East and Africa, Asia Pacific and Latin America. North America and Europe are expected to show significant growth due to growth in the adoption of operational intelligence tools and their constant focus on improving overall process efficiency. North America currently holds the major share in the operational intelligence market globally and is expected to be a leader throughout the forecast period owing to high adoption of cloud based Business Intelligence and data analytics, contributing majorly towards the market growth.

Moreover, Middle East, Africa and Latin America are expected to show moderate growth in operational intelligence market during the forecast period due to increasing demand for analytics and mobile business intelligence.

Request For Full Report: https://www.kennethresearch.com/sample-request-10065200

Key Players
Some of the major players in the market are OpsVeda, Inc., Splunk Inc, SQLsteam, Vitria technology, Inc., Flexeye Ltd., Axway Inc., Intelligent InSites.

About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation.

Contact Us

Kenneth Research
Email:Sales@kennethresearch.com
Phone:+1 313 462 0609

The post Operational Intelligence Market Size, Share and Top Key Players During 2020-2022 appeared first on America News Hour .

COMTEX_367874904/2606/2020-07-09T06:41:21

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.