What effect has the cooling economy and the subsequent tightening of many IT budgets had on the data warehousing and business intelligence (BI) sector? With the data warehousing and BI market maturing at the same time as the economy has slowed, is spending declining on these solutions?
The market has experienced healthy growth over a number of years annual growth rates have hovered in the mid-to-high double digits. However, while 1999 was spectacular for many data warehousing and BI vendors, the year 2000 proved much more difficult. This year hasn't started off much better. Poor financial results, dramatic stock price drops and/or management upheavals have plagued a number of vendors in the market.
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