APAC Operational Intelligence Market Size

APAC Operational Intelligence Market Analysis

The APAC Operational Intelligence Market size is estimated at USD 8.12 billion in 2024, and is expected to reach USD 13.31 billion by 2029, growing at a CAGR of 10.38% during the forecast period (2024-2029).

Operational intelligence (OI) is a technology that the IT department uses to increase the visibility of potential business events and uncover insights across numerous organizational verticals. The technology uses real-time data to function.

• Asia Pacific's market for Operational Intelligence is estimated to grow at a rapid pace because of the effectiveness of the technology. Operational Intelligence helps to increase operational efficiency. It helps organizations with intelligence about the key drivers in their supply chain and to get the maximum out of it. It applies the benefits of real-time analytics, alerts, and actions to a broad spectrum of use cases across and beyond the enterprise. It correlates the data and events in real time with the historical data, and the companies gain real-time visibility of information. It gives the information at their fingertips so that the companies can make smarter decisions and maximize profits.
• In October 2023, FPT, a global technology firm headquartered in Vietnam, and Landing AI, offering a computer vision platform and artificial intelligence (AI) software company, announced a strategic relationship that would drive the application and education of AI. 
• Operational Intelligence is one of the key levers for uplifting operational efficiency. It equips organizations with actionable insights into their key drivers across the entire value chain. Operational Intelligence places complete information at one's fingertips, enabling one to make smarter decisions in time to maximize impact. By correlating a wide variety of events and data from both streaming feeds and historical data silos, OI helps organizations gain real-time visibility of information, in context, through advanced dashboards, real-time insight into business performance, health, and status so that immediate action based on business policies and processes can be taken.
• Operational Intelligence applies the benefits of real-time analytics, alerts, and actions to a broad spectrum of use cases across and beyond the enterprise. The collection, sharing, analysis, and application of Operational Intelligence via web-based technology gives decision-makers at all levels in a commercial organization an exceptional means to maximize the use of their resources. OI tells them precisely what is going on in the precise domain or geographical location of their operation that concerns them.
• Operational Intelligence is an evolutionary and technological leap beyond Business Intelligence and Management Information systems that presents a retrospective, static, and at best generic Intelligence about an organization's performance. These unique advantages of OI over conventional tools will drive the market ahead in the coming years as companies that enable their management to respond in a timely manner to operational variances and market volatility are better placed to minimize the adverse impacts caused by uncertain operational procedures and disturbances in the market.
• COVID-19's spread hastened the implementation of operational intelligence techniques. It is critical for businesses to use digitally enabled solutions to improve the efficiency of operations when working remotely.
• The Asia-Pacific energy industry is accelerating its adoption of the 4th Industrial Revolution digital toolbox and embedding better operational efficiencies as a result of the economic demand devastation caused by the COVID-19 epidemic. In addition, as the pandemic takes a toll on the energy sector, worldwide investment in the sector is likely to drop 20%, or over USD 400 billion, compared to previous years, according to International Energy Agency. There has also been an impact of the Russia-Ukraine war on the overall packaging ecosystem.