What is Operational Analytics Software Market?
Operational analytics is defined as category of business analytics that focuses on measuring the existing and real-time operations of the business. Benefits of operational analytics software are Better employee engagement, Customer satisfaction, Competitive advantage, and increased profits.
The market study is being classified, by Application (Telecom, Retail & Consumer Goods, Manufacturing, Government, Energy & Utilities, Transportation and Other) and major geographies with country level break-up.
SAP (Germany), Accenture Analytics (Ireland), Tableau (United States), Qlik (United States), Fractal Analytics Oracle (London), Manthan (India), Oracle (United States), Alteryx (United States), Tiger Analytics (United States) and Mu Sigma Analytics (Illinois) are some of the key players profiled in the study.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Analyst at AMA have segmented the market study of Global Operational Analytics Software market by Type, Application and Region.
On the basis of geography, the market of Operational Analytics Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Requirement for Customization and Scalability in Application
- Growing Demand for the Integration of Application
- Rising Concern towards Security and Privacy
- High cost associated with software
- Growing Government Initiatives towards the analytics
- Required Continuous Upgradation of this Software
In 2021, SAN RAMON in California, GE Digital today announced it is adding Proficy Operations Analytics to its industry-leading Proficy suite of software solutions to accelerate digitization by supporting modernization, enterprise visibility and scalability, and continuous improvement with new cloud-based predictive analytics.
Key Target AudienceManufactures, Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Which factors would majorly drive the Operational Analytics Software Market?
"Rising Requirement for Customization and Scalability in Application" is seen as one of major growth factors of Operational Analytics Software Market in years to come.
2. Can we have customized study for Operational Analytics Software Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. Which region will lead the Global Operational Analytics Software Market?
will lead Operational Analytics Software Market in coming years.