San Jose, CA, June 15, 1999 World Research , Inc. of San Jose, California, announced the availability of its 1999 Business Intelligence and Data Warehousing (BI/DW) Program Competitive Analysis Report. According to the report, IBM is the 1998 worldwide revenue and market share leader in the business intelligence and data warehousing market. Big-five consulting giant Andersen Consulting/Arthur Andersen was the services segment leader, capturing a 29 percent market share on revenues of $550 million. IBM revenues grew 77 percent over 1997 to $4.25 billion in 1998, accounting for nearly 20 percent of the worldwide market.
The BI/DW Competitive Analysis Report is the first in a series of in-depth research reports from the BI/DW Program, a syndicated service division of World Research, Inc. The report examines market shares in the systems, software and service categories of the business intelligence and data warehousing market. Michael Burwen, director of the BI/DW Program at World Research, said, "The business intelligence and data warehousing market is growing at an average rate of more than 50 percent and is expected to reach $113 billion by 2002. Business intelligence is the fastest growing segment of the enterprise IT sector, but according to our estimates, was less than $25 billion in 1998."
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