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Market Research Future (MRFR) Announces the Publication of its Half Cooked Research Report – Operational Intelligence Market Research Report – Forecast 2017-2023.
Operational intelligence market is estimated to exhibit high growth potential during the forecast period owing to increasing demand for operational intelligence applications across various industry verticals. Additionally, innovations and advancements in technology and increasing market for operational intelligence applications is adding fuel to the growth of this market. Social media integration is expected to further fuel the growth of global operational intelligence market.
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OpsVeda, Inc., Splunk Inc., Siemens AG, SQLsteam, Vitria Technology, Inc., Flexeye Ltd., Axway Inc., Intelligent InSites, Inc., Starview Inc., Oversight Systems, Inc., and Space-Time Insight are some of the leading players in the market. OpsVeda is bringing into the market a real-time operational intelligence platform with machine learning capabilities and which harnesses company data to vastly improve operational execution. Through its powerful solutions, the company delivers predictive visibility into opportunities, risks, process exceptions, and metrics. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements.
The global operational intelligence market is segmented by type, deployment, application, and vertical. The deployment segment is classified into the cloud and on-premise deployment models. The on-premise deployment model has accounted for the largest share of the market in 2016, whereas cloud-based deployment model is expected to grow at the highest rate during the forecast period. This is owing to the increasing number of organizations shifting their business on cloud owing to features like agility, flexibility, and cost-effectiveness. However, the lack of awareness regarding the benefits of operational intelligence applications is one major factor that could cause hindrance in the growth of global operational intelligence market.
According to Market Research Future Analysis, the global operational intelligence market is estimated to generate revenue of approximately USD 3.46 billion by 2023 growing at a CAGR of 12% during the forecast period 2017-2023.
Operational Intelligence Market
Some of the key players in the market: OpsVeda, Inc. (U.S.), Splunk Inc. (U.S.), Siemens AG (Germany), SQLsteam (U.S.), Vitria technology, Inc. (U.S.), Flexeye Ltd. (U.K), Axway Inc. (U.S.), Intelligent InSites, Inc. (U.S.), Starview Inc. (U.S.), Oversight Systems, Inc. (U.S.), Space Time Insight, Inc. (U.S.), Software AG (Germany), OpenText Corporation (Canada) and VisionWaves B.V. (The Netherlands) among others.
More Information : https://www.marketresearchfuture.com/reports/operational-intelligence-market-5873
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