Global Operational Intelligence (OI) Market

 

The Global Operational Intelligence (OI) Market size was valued at USD 2.29 Billion in 2021, and it is expected to reach a value of USD 5.13 Billion by 2028, at a CAGR of 12.20% over the forecast period (2022 - 2028).

Operational intelligence (OI) is a data collecting analytics technology that uses automated data collection techniques such as machine learning (ML), artificial intelligence (AI), and data warehousing to monitor business processes and activities in real-time. Scalability, on-demand report generation, complicated event processing, and dashboards and visualizations are among its primary characteristics. It provides greater insights into the operation of IT systems and detects patterns of network activity to prevent data breaches.

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Top Players Company Profiles

  • Intelligent InSites Inc. (Infor) (US)
  • Starview Inc. (US)
  • Software AG (Germany)
  • Space Time Insight Inc. (Nokia) (US)
  • Splunk Inc. (US)
  • SQLsteam (US)

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Global Operational Intelligence (Oi) Key Market Trends

  • The IT and telecommunications industries are expected to have a significant market share in the worldwide Operational Intelligence (OI) Market. BI is the combination of a business support system (BSS) with an operation support system (OSS) in the telecom industry to uncover new business opportunities and anticipate future results. As the ramifications of the pandemic COVID-19 resonate throughout the business, the healthcare industry is confronted with new concerns. However, in the long run, the healthcare business is expected to display significant tool usage.
  • Rapid technical breakthroughs, cloud computing, and big data analytics have gained traction in recent years. Cloud computing is seen as an appropriate platform for providing BI applications, it acts as a repository for organized and unstructured data. Similarly, big data technology has enabled these tools to analyze vast amounts of data in order to provide businesses with actionable insights that help them evaluate opportunities and improve marketing strategies.

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SkyQuest Technology Group is a Global Market Intelligence, Innovation Management & Commercialization organization that connects innovation to new markets, networks & collaborators for achieving Sustainable Development Goals.

 

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