Operational Analytics enables near real-time analysis of processes, thereby helping you to optimize your operations by efficiently identifying and isolating inefficiencies and failures. The data for decision making and discovery may be derived from different sources such as your internal database or externally from social media platforms. It can be hosted over the cloud and can be accessed through mobile devices. Business analytics coupled with data mining, self-service, predictive analytics and aggregation tools is used to get more transparent information for critical decision making and implementing decision support system.
Operational Analytics helps in:
- Gain visibility and deep insights into your business processes
- Understand potential issues and take rapid action to improve performance
- Have faster access to opportunities and threats from the markets
- Make quick decisions by having ready access to information in near real time