Gartner expects revenue growth business intelligence software by 11%




Home | News | Studies and Reports |

Gartner expects revenue growth business intelligence software by 11%

March 9, 2013

Gartner revealed in its latest report from Besol forecast the size of the business intelligence software market in the Middle East and North Africa to 182 million U.S. dollars in 2013, up 11% from 2012. These included revenue expectations Software Business Intelligence platforms, analytical applications, and corporate performance management.

In the context of commenting on the outlook said Dan Sommer, a major analyst at Gartner: “In light of the increased volume of data, you need to renewal business models, as it became apparent that the analysis on large data sets will be the main engine of the next economic cycle. The market Ictnz still a lot of opportunities, but most will be from outside the field of information technology. In the near term, areas such as memory, and data discovery, and ready-to-use analysis of software and services providers, will lead the trend SPV, which focuses on the business. The long Altobl, will mobile technology and cloud computing, social networks and information channels to help launch a new set of potential users and use cases. ”

It is likely to grow business intelligence software revenue to $ 260 million by year-end 2016. And the Business Intelligence sector will remain one of the fastest growing software markets despite the slowdown in economic growth in some areas, due to continued corporate adoption of business intelligence software as a vital tool to work smarter and more flexible and efficient.

Business Intelligence efforts rebounded with large data sets. The more the larger data set, the easier it will discover hidden patterns and trends and opportunities that are likely to be far away from the competition. The Business Intelligence derived from large-scale data is crucial for competition, and will depend on the evolution of business intelligence capabilities and infrastructure for data warehouses.

Sommer said: “The Business Intelligence is not just the traditional process applied to large data sets, but he handles the diversity and the speed and complexity of the data. And will continue to deal with the large data size of the most important business requirements in most companies, but it will be a top priority. ”

At that serves the business intelligence a distinct goal in the exchange of data and metrics, summarized and explored manually, can the most advanced analytics to provide assistance and automate the decision-making process. Pending the integration of these capabilities, Gartner advises companies to consider business intelligence and analysis developed separately and accurately, to realize the advantages and unique use cases each.

Large companies have begun to move from measurement and description of the past to analyze what causes things to happen. The field will real differentiation now anticipating what could happen and improve what needs to happen depending on the different sources and types of data sets. And will add mobile and social technologies and advanced collaborative analyzes to provide a clear vision for a wider range of users for decision-making whenever and wherever they need it.

Sumer concluded: “Internationally, there is only one company out of every 10 companies implement successful programs for predictive use cases and guidelines. The skills shortage is the biggest obstacle to achieving success. ”

Gartner Business Intelligence


Tags: ,

In: A Technology & Gadgets Asked By: [22628 Red Star Level]

Answer this Question

You must be Logged In to post an Answer.

Not a member yet? Sign Up Now »