Briefs

A study by IDC reveals that BI software is both popular and necessary; Business Objects and SAS continue to lead the field.

by Jessica Tsai, July 02, 2007

For the second year in a row, the business intelligence (BI) tools market showed an annual growth rate of 11.5 percent, according to a recent report by IDC, bringing worldwide software revenue to $6.25 billion in 2006. The report adds that the BI tools market appears to be an "attractive market for software vendors" and "one of the top investment priorities for end-user organizations." Dan Vesset, co-author of the report and program vice president of IDC's Business Analytics unit, says that the BI market "remains very healthy."

In the report, "Worldwide Business Intelligence Tools 2006 Vendor Shares," IDC defines business intelligence as a combination of two components: end-user query, reporting, and analysis (QRA); and advanced analytics.

IDC puts Business Objects atop the QRA category (with an 18 percent share of that market), and, for the tenth straight year, SAS Institute at the top of the advance analytics side (with 30.7 percent of that category). Business Objects led the overall BI tools market with a 14 percent share.

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