June 7, 2013 A refined view of global business intelligence spending put the market at a slightly slower spending pace due to economic conditions and uncertainty over trendy terms, like big data, but still led by some familiar vendor names.
BI, CPM and analytic applications/PM software revenue reached $13.1 billion last year, a 6.8 percent bump from 2011, according to a report released this week from Gartner Research. Market growth was propelled by SaaS adoption and data discovery adoption and enhancements, but took a hit from general economic malaise and “confusion around analytics,’ big data’ and BI,’” according to report authors.
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