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Global operational analytics market that is poised to reach 11.98% billion up to 2022 just published

Global operational analytics market that is poised to reach 11.98% billion up to 2022 just published

Operational analytics is a technology that is used by companies to grow competitive, drive more transactions, eliminate fraudulent activities and risk, streamline operational procedures, and eventually grow profitable by cutting cost.

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Large and interconnected value chains create a level of complexity in procedures that requires precision based and real time decision making strategies in place.

However, not all the teams are armed with the level of insight that is required to make such fast and precise decisions. Increasingly, operational teams are realizing their lack of skillfulness in gaining insights that would help in better decision making.

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Many companies are deploying operational analytics solutions either on their premises or as an on demand service. The demand for on-demand or cloud-based operational analytics solutions has been unprecedented duet to it’s the cost benefits and other time-saving features.

The technology has been widely adopted in Small and Medium Enterprises (SMEs), where low- cost solutions are the need for the businesses.

The report covers the analysis of key stake holders of the Operational Analytics market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Cisco Systems, Inc., Google Inc., HP Enterprise Company, Oracle Corporation, SAP SE and SAS Institute Inc.

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Operational analytics is rapidly growing with transition from traditional business models to advanced business intelligence (BI) and analytics techniques. The use of big data is helping organizations to operate in more data driven and smarter manner.

Moreover, operational analytics enables better decision making for steady growth of businesses across industries, with well-structured data processing, streaming business applications such as customer relationship management (CRM) and real time information system.

Decision management has become an important part of business that provides understanding of information required to make decisions in the right format. Operational analytics enables smart decision management through automated data sharing with connected databases, which include discovery, extraction and learning of big data.

Data guides and drives all decisions and company’s actions in present digital businesses. Operational analytics solutions help in organizing these large data sets and discover various patterns that help in recognizing consumer problems important for businesses to address.

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This report provides pin-point analysis for changing competitive dynamics

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It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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