Global Industrial Operational Intelligence Solutions Market to Grow at a CAGR of 12% by 2021 - Transition from Operational Intelligence to Enterprise Intelligence

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Aug 25, 2017, 18:15 ET

DUBLIN, August 25, 2017 /PRNewswire/ --

The "Global Industrial Operational Intelligence Solutions Market 2017-2021" report has been added to Research and Markets' offering.

The global industrial operational intelligence solutions market is forecast to grow at a CAGR of 12.13% during the period 2017-2021.

The report, Global Industrial Operational Intelligence Solutions Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is transition from operational intelligence to enterprise intelligence. Operational intelligence not only influences the decisions made by operators and engineers but also affects business decisions. While operations emphasize on production, businesses concentrate on revenue and profitability to deliver shareholder value. For operational intelligence to become even more strategic, operations data is now being combined with business information to aid business decisions. This is known as enterprise intelligence, which is the amalgamation of business and operations data; it permits enterprises to make impactful decisions related to cost, value, and return on investment.

According to the report, one of the major drivers for this market is the assistance to demand-based manufacturing. The implementation of OI solutions in industries has paved the way for customized production and demand-based manufacturing. Automotive, oil and gas, and semiconductor fabrication industries witness instances when the product needs to be based on the demand from customers or the market. In such cases, OI solutions aid the manufacturing process by acknowledging the designs and ensuring lower trials for product manufacturing. The inclusion of real-time analytics also helps in resolving customer complaints. The historical data can be referred to, and the required changes can be made.

Apart from the above advantages, OI solutions also help in decreasing the inventory of an industry, hence eliminating unnecessary costs. These attributes help in lowering the investments, increasing the revenue of the company, and at the same time, catering to the needs and complaints of customers.

Key vendors

Dassault Systmes
Rockwell Automation
Siemens
Splunk
Vitria

Other prominent vendors

Axway
Bentley Systems
Feedzai
Guavus
Intelligent InSites
Kofax
IFS
Software AG
SpaceTime Insight

Key Topics Covered:

Part 01:Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Market Segmentation By End-User

Part 08: Geographical Segmentation

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/mqdvdj/global_industrial

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SOURCE Research and Markets