8th May 2011
A recent report from Gartner seems to suggest that spending on Business Intelligence applications has held up well during the recession. When the chips are down organisations place a premium on quality management information –specifically ‘actionable’ insight into business trends and forecast performance.
In 2010 BI software growth accelerated to 13.4 percent. Gartner found the total market revenue to have reached $10.5 billion in 2010, marking a 13.4 percent increase from 2009’s revenue of $9.3 billion. BI platforms were found to have a 63.7 percent market share of total worldwide BI software revenue. CPM suites were found to have a 20.6 percent market share, and analytic applications and performance management software were found to have a 15.7 percent market share.