Worldwide business intelligence (BI) software revenue will reach $13.8 billion in 2013, a 7 per cent increase from 2012, according to Gartner, Inc. The market is forecast to reach $17.1 billion by 2016.
"BI and analytics have grown to become the fourth-largest application software segment as end users continue to prioritise BI and information-centric projects, and spending to improve decision making and analysis," said Dan Sommer, principal research analyst at Gartner. "As more and more information is generated, business models need reinvention, and it's increasingly clear that mastering analytics on big data will be a key driver for the next economic cycle."
CIO appetite for BI is complemented by more-tactical buying in business units for departmental and workgroup analysis, as well as for personal BI, enabled by the Nexus of Forces (cloud, mobile, social and information). These are fundamental drivers. However, in the near term, growth will be hampered by sluggish macro indicators, as well as by slowing sales cycles of multimillion-dollar end-to-end BI deals. Compared with 2011 growth of 16 per cent, 2013 and the coming years are expected to be slower, with growth in the high single digits.
"Although this is a mature market and has been a top CIO priority for years, there is still a lot of unmet demand. Every company has numerous subject areas — such as HR, marketing, social and so on — that have yet to even start with BI and analytics," said Kurt Schlegel, research vice president at Gartner. "The descriptive analytics have largely been completed for most large companies in traditional subject areas, like finance and sales, but there is still a lot of growth expected for diagnostic, predictive and prescriptive deployments. Since many midsize organisations have yet to even start their BI and analytic initiatives, we expect the market for BI and analytics platforms will remain one of the fastest-growing software markets."
The emerging data-as-a-service trend could significantly grow the market for BI and analytics platforms. Today, the business model is largely "build" driven in that organisations licence software capabilities to build analytic applications. However, organisations increasingly will subscribe to industry-specific data services that bundle a narrow set of data with BI and analytic capabilities embedded. In time, most companies, regardless of their business model, will need to provide a data-as-a-service offering. Therefore, this trend has the potential to grow the market significantly as a range of vendors look to embed a BI and analytic platform provider's software capabilities into their data-as-a-service offerings.
More detailed analysis is available in the reports "Forecast Analysis: Enterprise Application Software, Worldwide, 2011-2016, 4Q12 Update" and “Magic Quadrant for Business Intelligence and
Analytics Platforms”. The reports are available on Gartner's web site at http://www.gartner.com/resId=2323315 and http://www.gartner.com/resId=2326815, respectively.
15 oktober 2024 Workshop met BPM-specialist Christian Gijsels over AI-Gedreven Business Analyse met ChatGPT. Kunstmatige Intelligentie, ongetwijfeld een van de meest baanbrekende technologieën tot nu toe, opent nieuwe deuren voor analisten met i...
17 oktober 2024 Praktische workshop Datavisualisatie - Dashboards en Data Storytelling. Hoe gaat u van data naar inzicht? En hoe gaat u om met grote hoeveelheden data, de noodzaak van storytelling en data science? Lex Pierik behandelt de stromingen i...
7 november (online seminar op 1 middag)Praktische tutorial met Alec Sharp Alec Sharp illustreert de vele manieren waarop conceptmodellen (conceptuele datamodellen) procesverandering en business analyse ondersteunen. En hij behandelt wat elke data-pr...
11 t/m 13 november 2024Praktische driedaagse workshop met internationaal gerenommeerde trainer Lawrence Corr over het modelleren Datawarehouse / BI systemen op basis van dimensioneel modelleren. De workshop wordt ondersteund met vele oefeningen en pr...
18 t/m 20 november 2024Praktische workshop met internationaal gerenommeerde spreker Alec Sharp over het modelleren met Entity-Relationship vanuit business perspectief. De workshop wordt ondersteund met praktijkvoorbeelden en duidelijke, herbruikbare ...
21 november 2024 Praktische en interactieve workshop met Nigel Turner Data-gedreven worden lukt niet door alleen nieuwe technologie en tools aan te schaffen. Het vereist een transformatie van bestaande business modellen, met cultuurverandering, een h...
26 en 27 november 2024 Organisaties hebben behoefte aan data science, selfservice BI, embedded BI, edge analytics en klantgedreven BI. Vaak is het dan ook tijd voor een nieuwe, toekomstbestendige data-architectuur. Dit tweedaagse seminar geeft antwoo...
28 november 2024Workshop met BPM-specialist Christian Gijsels over business analyse, modelleren en simuleren met de nieuwste release van Sparx Systems' Enterprise Architect, versie 16.Intensieve cursus waarin de belangrijkste basisfunctionaliteiten v...
Deel dit bericht