
The mega-vendors are coming, says Gartner...
By Tim Ferguson
Published: 14 January 2008 12:07 GMT
The market for business intelligence (BI) tech is predicted to slow down following the strong growth seen over the past few years.
The BI market is forecast to have grown by 12.5 per cent during 2007 by analyst house Gartner. This is slightly lower than 2006 and Gartner predicts a further decline to single digit growth in the next few years.
Top 10 software stories of 2007
Check out the software stories that made waves last yearhere.
Despite the slow down, Gartner says BI is still a critical tool for insight and making decisions and predicts the market will hit $7bn by 2011 with a five-year compound annual growth of 8.6 per cent.
The analyst blames the market slowdown to the consolidation of BI vendors, the increasing maturity of the market and price erosion through competition.
There were a number of significant acquisitions during 2007, including Oracle buying Hyperion, SAP putting in a bid for Business Objects and IBM staking a claim for Cognos.
These deals will eliminate all larger publicly traded BI companies, meaning two-thirds of the BI market could be covered by these 'mega-vendors'.
Dan Sommer, a senior research analyst at Gartner, said consolidation by the big names should "accelerate value derived from BI".
He added large vendors will drive BI uptake while new players will bring in new tech to fill any gaps left by the mega-vendors.
Business Objects XI R2? CMC Business Objects Solution Design Skills ? Customer Support HandlingReporting to the OPMIS Project Manager, this role ...
A Business Objects Developeris required to join the IT Team at this large organisation based in Central London. The Business Objects Developer will ...
Cognos, Crystal Reports, Business Objects, BO, Business Intelligence, BI) Business Intelligence tool such as Cognos, Crystal Reports, Business ...
Agenda Setters 2008
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Naked CIO Naked CIO: Should you monitor staff? Somebody's watching you
Elinor Mills Why 1970s hackers had 'whiz kid' status Q&A: Kevin Mitnick - blackhat hacker turned good guy