Thursday, April 21, 2011

Business Intelligence Market Surpasses $10 Billion

Light Footprint, Domain Specific BI Applications are Proliferating

Worldwide business intelligence software revenue reached $10.5 billion in 2010, up 13.4% over 2009, according to Gartner, Inc.
"A new wave of lighter footprint data discovery tools and analytic applications are proliferating in business units. Business users ... want domain-specific functionality and usability that meet their needs." - Gartner, Inc
“BI spending has far surpassed IT budget growth overall for several years, and it is clear that BI continues to be a technology at the center of information-driven initiatives in organizations," according to Dan Sommer, principal research analyst at Gartner.
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Sources:
(a) "Market Share Analysis: Business Intelligence, Analytics and Performance Management Software, Worldwide, 2010" - Gartner, April 11, 2011
(a) "Market Share: All Software Markets, Worldwide, 2010" - Gartner, Marc 30, 2011


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