RSSForecast:Growing BI Market – Gartner
Infoworld has an article on the Gartners forecast of the BI Market, here are some excerpts:
Licensing revenue for BI (business intelligence) software is expected to rise from $2.5 billion this year to $3 billion by 2009, with the fastest growth in Latin America and Asia, Gartner said.
The research firm said a survey of 1,400 chief information officers showed that BI ranked as their highest technology priority. The respondents said they planned to increase their BI budgets, on average, by 4.8 percent this year.
Through 2009, the market for BI software in North America, Western Europe and Japan will grow between 6.4 percent and 6.9 percent annually, below the world average of 7.3 percent, as organizations rationalize purchases, Gartner said. Latin America and Asia, labeled as smaller, Emerging markets, will grow between 11.3 percent and 13.6 percent, Gartner said.Prashanth RaiTag(s):BI, Gartner
