Business analytics software as a service is expected to grow three times as fast as the total business analytics software market in the 5-year period between 2008 and 2013, according a new study from market researcher IDC.

With the overall market expected to grow 7% through 2013, SaaS growth will reach a compound annual growth rate of more than 22%, according to the report, “Worldwide Business Analytics Software-as-a-Service Forecast, 2008-2013.”

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