The global business intelligence tools market is on track for consistent solid growth over the next five years, according to new research from IDC.
The second half of 2010 marked the first time the market has surpassed the $4-billion mark in a semiannual period. For the full year 2010, the BI tools market grew 12.7% year over year, adding $893 million in global revenues over the previous year. IDC made note of a growing preference among end users for departmental and incremental projects and subscription pricing. In another pattern found in the research, SaaS or cloud BI offerings are growing three times faster than the rest of the market.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access