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Operational Intelligence Market by Component (Solution and Services), Deployment (On premises and Cloud), Application (Predictive asset maintenance, Fraud detection& security management, Supply chain optimization, Network Management& Optimization, Workforce Management, Sales & Marketing Management, Operations Management, and Others), Organization size (Small and medium-sized Enterprises(SMEs) and Large Enterprises), and Industry Vertical (BFSI, Healthcare and Life Sciences, Telecommunications and IT, Aerospace & Defense, Government and Public Sector, Manufacturing, Consumer Goods and Retail, Media and Entertainment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
| A09531 | Pages: NA | Aug 2021 | 433 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Operational Intelligence Market
Request Now !Operational Intelligence Market Insight:Â
Operational Intelligence is a data analytics technique that focuses on applyingrapid business conclusions and pleasing action based on real time data. It allows users to get insights or draw conclusions immediately whichhelps in the immediate decision-making process. This method works with automatic data gathering techniques including artificial intelligence and machine learning, and data warehousing techniques that prioritize immediate and effective decision making along with data preparation.Operational Intelligence focuses on ongoing business processes and programs, finding areas for improvement at every step, and providing the most appropriate answers for quick and reliable decisions. The field of operational intelligence is an extension of business intelligence, which provides the querying and reporting side, while operational intelligence delivers the analytics.
Operational Intelligence Market Scope and Structure Analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($) |
Segments covered | Component, Application, Deployment, Organization size, Regions, and Industry Vertical |
Geographies covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa |
Companies covered | Major players analysed in the market includeCACI International Inc., IBM Corporation,Intelligent InSites Inc.,OpsVeda Inc., SAP SE, Software AG, Splunk Inc., and Vitria Technology Inc. |
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Impact of COVID-19 on Operational Intelligence Market:
- Companies are programming routine tasks with human and machine models, where everyone is a knowledge worker, whichhelps to serve businesses, and to position them for growth post-COVID-19.
- Consumer demand patterns are changing, global supply chains are disrupted in different regions, and operational intelligence helps markets and governments to respond uniquely toCOVID-19 crisis.
- Operational Intelligence helps companies develop faster responses to overcome current disruptions and rebuild and reshape supply chains in the future by increasing both flexibility and accountability.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Growingadvent of artificial intelligence (AI) and big data in industries due to growingessential for operational productivity and increasing demand for centralized control and observing systems are driving the operational intelligence market. The factors driving the growth of operational intelligence market are increase in acceptance of operational intelligence in retail sector&financial sector,advancement in technology, and growing mandate for real time remote monitoring of business activities.However, lack of infrastructure and lack of skilled professionals is restraining the growth of global operational intelligence market. Contrarily,spread of operational intelligence systems platform in corporate and necessity to generate insights from new data present in operative system is an opportunistic factor for operational intelligence market.
Growth of Operational intelligence in retail
Retailers around the world are focusing on creating new ways for their customers to collect data during the purchase process that helps them analyse the collected data to identify their potential financial value. Real-time data distribution by retailers with vendors and suppliers  provide them with an opportunity to improve their resource allocation, inventory management, efficient planning, and better-quality control processthat help the suppliers, vendors, and retailers to  reduce cost on business process. Insights into operational intelligence data help vendors and retailers answer operational questions and critical strategies related to customer breakdowns and analytics, import and supply chain performance.
Increase in use for BFSI
Operational intelligencesupports financial institutions in observingend user facing resources, such as sales teams and tellers and analyse the data to come up with solutions using advanced analytics to avoid disagreement. In addition, it allows financial organizations to analyse client data to improvement insights about the customer’sperformance in favours to banking, which used to improve their services and products. Operational intelligence tools in BFSI sector help customers togenerate their own dashboards to observe their returns and investments.
Key segments covered:
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Key benefits of the report:
- This study presents the analytical depiction of the global operational intelligence industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global operational intelligence market share.
- The current market is quantitatively analyzed from 2021 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global operational intelligence market analysis based on competitive intensity and how the competition will take shape in coming years.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
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Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
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- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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