Operational Analytics Market: Size, Worth, Scope, Regional Report, Opportunity & Forecast to 2020
Operational analytics are defined as an innovative technology which enables organizations to reduce fraud and risk, achieve better cost efficiency, ultimately increase earnings by reducing cost, and increase additional transactions. It is an interpretation of multiple disciplines which support the seamless flow from initial analytic discovery to embedding predictive analytics into various business functions such as machines, operations, and applications.
The increase in need for process and operations
optimization and control is considered as key driving factor which expected to
boost the global operational analytics market growth over the forecast period.
Furthermore, the rise in focus on competitive intelligence will positively
influence the market growth. Also, the growing adoption of advanced data management
strategies will expected to fuel the global operational analytics market
growth.
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Moreover, the rise in adoption of clod-based
technology will significantly drive the global operational analytics market
growth during this forecast timeline. In addition, the growing use of mobile
devices, and the increase in the number of data centers to collect inner data
for analyzing the performance of marketing department which anticipated to
propel the growth of global operational analytics market growth.
Organizational change and complex analytical
processes may hamper the growth of the global operational analytics market
during this timeframe.
Global
Operational Analytics Market segmentation
The Global Operational Analytics Market is segmented
into type such as Software, and Services, by business function such as Marketing,
sales, IT, Finance, Human Resource, and Others, by application such as Risk
management, Asset maintenance, Customer management, Fraud detection, Supply
chain management, and Others. Further, market is segmented into end use
industries such as Manufacturing, Public Sectors, Retail, Transportation, IT
& Telecommunication, and Others.
Also, the Global Operational Analytics Market is
segmented into five regions such as North America, Latin America, Europe, Asia
Pacific, and Middle East & Africa.
Market
Key Players
Various key players are discussed in this
report such as IBM Corporation, SAP SE, SAS Institute, Inc., Microsoft
Corporation, Oracle Corporation, Alteryx, Inc., Cloudera, Inc., Bentley
Systems, Inc., Splunk, Inc., Hewlett-Packard Enterprise, etc.
Market
Taxonomy
By
Type
·
Software
·
Services
By
Business Function
·
Marketing
·
Sales
·
IT
·
Finance
·
Human Resource
·
Others
By
Application
·
Risk management
·
Asset maintenance
·
Customer management
·
Fraud detection
·
Supply chain management
·
Others
By
End Use Industries
·
Manufacturing
·
Public Sectors
·
Retail
·
Transportation
·
IT & Telecommunication
·
Others
By
Region
·
North America
·
Latin America
·
Europe
·
Asia Pacific
·
Middle East & Africa
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