Top 5 Operational Analytics Software

1. TechDogs TOP 5 OPERATIONAL ANALYTICS SOFTWARE OF 2022 www.techdogs.com

2. OVERVIEW Real-time data is collected in corporations using the premise of operational analytics. Yes, we know that sounds complex, so allow us to break it down for better understanding. ‘Operational’ means something that is working currently and ‘Analytics’ means systematic analysis of statistics and data. Putting both the terms together was a match like peanut butter and jelly with bread - inevitable! Operational analytics is the practice of data analysis in real-time to increase the efficiency and effectiveness of the day-to-day operations of a business. Sure, you can’t just do it overnight – you need the right tools for it! So, keep reading as we unveil the core of operational analytics – that is to say, the top 5 Operational Analytics Software of 2022!

3. TOOL 1: ALTERYX Alteryx, founded in 2006, is a California-based computer software firm with a development facility in Broomfield, Colorado. Alteryx is most commonly used by large enterprises (over 1000 employees) in the information technology and marketing services industries. Alteryx has been named a leader in Gartner's 2018 Magic Quadrant for Data Science and Machine Learning Platforms. Furthermore, Gartner Peer Insights recognized it as the Gold winner for The Best Business Intelligence and Analytics Software of 2017, as Reviewed by Customers. Kudos, Alteryx! This tool has a data pipeline that enables you to access, profile and transform data before being processed. Its analytics features help in data pre-processing to uncover hidden trends and signals that can be helpful in decision-making. Moreover, it offers automated analytics processes across cloud, on-prem and hybrid platforms.

4. TOOL 2: SINGLESTORE The next tool, SingleStore (formerly called MemSQL), has taken hold in the corporate world ever since it was born. On October 27, 2020, MemSQL rebranded to SingleStore. Its headquarters are in San Francisco. The business is products that enable quick data ingestion, transaction processing and query processing. After all, it has won the titles of Top Rated in four categories – Relational Databases, Database- as-a-Service (DBaaS), In-Memory Databases and Operational Analytics by TrustRadius. The SingleStore environment is simple to set up and incredibly quick at gathering data from many sources (AWS, GCP, or Azure – you name it!). It also enables activity monitoring for data and is simple to use even with numerous databases. It is suitable for analytical and recommendation- based applications as it returns quick responses to complicated queries.

5. TOOL 3: IBM Z We’re sure we do not need to introduce you to IBM! The American software technology firm is headquartered in Armonk, New York with operations in over 170+ countries. Their analytics solution, IBM Z, is best used for identification, isolation and thorough analysis of structured and unstructured operational data. This tool is used by 44 of the top 50 banks globally, as well as various government, healthcare, airline and retail organizations and major companies including Puma, WhiteSpace and Vaasan. How cool is that! IBM Z is also highly suited for large transactional systems with numerous input points, such as airline computer terminals in airports throughout the world. Businesses with complex unstructured datasets can also rely on this software for mission-critical workloads.

6. TOOL 4: PANORAMA NECTO Panorama Necto is a business intelligence application and consultancy firm based in Canada. Rony Ross launched the firm in Israel in 1993 and shifted its base to Toronto, Canada in 2003. Panorama Necto's most common users are large enterprises in the information technology and services industry and marketing experts. Panorama Necto has worldwide clients like TATA Communications, L’Oréal, Intel and Dell. Necto's built-in social collaboration features aid communication among users through a single work board. The work boards and panels are lively, showing real-time insights. The most intriguing component is the recommendation engine, which proposes suitable work boards depending on a user's consumption behavior based on data. Moreover, the tool keeps a single version of the truth to ensure self-service & instant reporting for users while maintaining governability and security of data.

7. TOOL 5: CISCO DNA SPACES Last but not least, is Cisco DNA Space. Developed by Cisco, a global American technological firm based in San Jose, California. Established in the early 2000s, Cisco is one of the world's major information technology businesses, ranked 63 on the Fortune 100, with $49 billion in revenue and approximately 80,000 workers from the IT and services industry. The software is ideal for businesses with large datasets and processing capabilities. It has features such as GPS analytics and one of the most useful functions is location-based analysis. Cisco DNA Spaces can be utilized in an organization's administrative offices to track the number of visits and time spent in the offices by each employee. Furthermore, with this tool, you can help drive business outcomes in collaborative spaces using real-time insights.

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