Business intelligence spending on the up


Business intelligence spending on the up

Karl Flinders

Sales of Business Intelligence software were worth $10.5bn in 2010 with SAP once again selling the most, according to the latest research from Gartner.

Total sales of BI software which includes platforms, business analytics and performance management applications were 13.4% higher in 2010 than the previous year.

SAP accounted for almost 23% of total sales, with nearest rival Oracle taking 15.6% of total revenues. IBM, SAS Institute and Microsoft are the other major suppliers.

Dan Sommer (pictured), principal research analyst at Gartner, says a confluence of factors have spurred BI spending.

"In 2010, the global resurgence from stimulus packages, general improvement in the macro-economy, and new product releases contributed to a surge in BI software spending."

"BI spending has far surpassed IT budget growth overall for several years, and it is clear that BI continues to be a technology at the centre of information-driven initiatives in organisations."

Speaking to Computer Weekly earlier BG Srinivas, the European head of Indian IT services provider Infosys, said business analytics was one area that large corporates were spending on as the economy recovers.

Find the report here.

Read a white paper about BI here.

Email Alerts

Register now to receive IT-related news, guides and more, delivered to your inbox.
By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

COMMENTS powered by Disqus  //  Commenting policy