By Chris Bongard
2nd July 2011

IDC made note of a growing preference among end users for departmental and incremental projects and subscription pricing. In another pattern found in the research, SaaS or cloud BI offerings are growing three times faster than the rest of the market SAP and IBM were the top two BI tools vendors in 2010, capturing more than $1 billion each in software revenue. The top 10 vendors accounted for 72 percent of the overall market in 2010, with four vendors -- MicroStrategy, Oracle, Panorama, and QlikTech – outperforming the market in term year-over-year growth. "Business analytics remains one of the top priorities for most organizations and BI tools are one of the key enabling technologies for more pervasive business analytics,” said Dan Vesset, IDC program vice president, business analytics, in the news announcement. The user query, reporting and analysis functional market enjoyed a stronger growth rate for the year, up 13.7 percent over 2009. In comparison, the advanced analytics market grew 8.6 percent year over year in 2010. IDC's Worldwide Semiannual Business Intelligence Tools Tracker provides total market size and vendor share. Revenue includes license plus maintenance plus SaaS and other subscription revenue in six geographic regions with country-level data for 13 nations.

Source: Valerie Valentine - senior editor for Information Management.

Comments

Currently there are no comments. Be the first to post one!

Post Comment

*
*
*

Should I accept a counter offer?

Simple answer, no. Counter offers are becoming more popular, especially for highly skilled technical staff that are hard to come by. Many employers give counter offers to try and stop their employees from leaving and to give them something to... Read More

Can big data improve CSR?

Many companies and industries are using big data to understand their customer’s behaviour, business needs and product sales, it helps the companies to keep going and powers them to improve. But this data that is being collected by almost every... Read More

10 top tech predictions

The technology industry is ever changing, and people are constantly talking about the future. With the development of tech like VR and AI making huge advancements from even a year ago it’s no wonder people are fascinated by what’s to... Read More

The best career advice I’ve received…

As recruiters in the Information Management and Data Analytics industry we’re used to giving out career and interview advice, but when our team were starting their career they also received career advice. We asked the KDR team what was the... Read More

Where should we send our newsletter?

Close