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Operational Intelligence Market Status and Global Outlook - IBM Corporation, Intelligent InSites, OpsVeda, SAP SE, Software AG, Splunk Inc
Allied Market Research
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Growing advent of artificial intelligence (AI) and big data in industries due to growing essential 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.
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Major players analysed in the market include CACI International Inc., IBM Corporation, Intelligent InSites Inc., OpsVeda Inc., SAP SE, Software AG, Splunk Inc., and Vitria Technology Inc.
Impact of COVID-19:
• Companies are programming routine tasks with human and machine models, where everyone is a knowledge worker, which helps 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 to COVID-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.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
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