Whether data warehousing and information management professionals are ready for it our not, the business intelligence applications market is undergoing dramatic change, Michael L. Gonzales, president of The Focus Group, told attendees during a session at The Data Warehousing Institute World Conference Winter 2002 in New Orleans.
According to industry projections, business intelligence technology revenues will increase at a compound annual growth rate of 27 percent from $3.6 billion in 2000 to $11.9 billion in 2005. But, Gonzales says, data warehousing professionals need to be on top of changing trends, particularly new software applications. "Business intelligence is well beyond the domain of traditional topics such as ETL and OLAP," Gonzales told attendees February 19 during his session, "Hands-On Business Intelligence: The Next Wave." "Today business intelligence drives the information organization with technologies and techniques that allow the enterprise to glean insight from volumes of data."
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