Business intelligence thrives in recession
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BI is thriving despite the economic downturn and falling IT budgets
New figures from analyst firm Gartner show that the business intelligence (BI) sector is thriving despite flagging IT budgets.
The worldwide appetite for BI platforms, analytic applications and performance management software in 2008 increased 21.7% on the previous year, from $7.2 billion to $8.8 billion.
Gartner analyst Dan Sommer said the growth was due largely to industry consolidation, with large stack vendors putting a lot of sales power behind new BI acquisitions.
“Accelerated migrations and upgrades in the installed base are the result,” he said.
SAP accounted for almost a quarter of the market, thanks to its acquisition of Business Objects in 2007, followed by the SAS Institute and Oracle (both at 14.6%), IBM (11.3%) and Microsoft (7.7%).
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