The good news is that companies are finally loosening the IT purse strings somewhat, and most leading research firms predict that global IT spending will rise by at least 2.3 percent compared to last year. It means that some much needed upgrading is likely to take place.

The better news is that these same folks foresee a more considerable boost in spending on business intelligence, as much as 10 percent over last year. They perceive quite a bit of pent up demand as projects that have been long delayed through tough economic times are finally getting the go ahead. Appfluent’s own research shows that almost one in 10 companies is planning to spend more than $1 million on BI and reporting systems over the next 12 months.

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