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By Nenshad Bardoliwalla on December 1, 2009
In the wake of the long-running massive industry consolidation in the Enterprise Software industry that reached its zenith with the acquisitions of Business Intelligence market leaders Hyperion, Cognos, and Business Objects in 2007, one could certainly have been forgiven for being less than optimistic about the prospects of innovation in the Analytics, Business Intelligence, and Performance Management markets. This is especially true given the dozens of innovative companies that each of these large best of breed vendors themselves had acquired before being acquired in turn. While the pace of innovation has slowed to a crawl as the large vendors are midway through digesting the former best of breed market leaders, thankfully for the health of the industry, nothing could be further from the truth in the market overall. This market has in fact shown itself to be very vibrant, with a resurgence of innovative offerings springing up in the wake of the fall of the largest best of breed vendors.
Top 10 trends:
1. We will witness the emergence of packaged strategy-driven execution applications ...
2. The holy grail of the predictive, real-time enterprise will start to deliver on its promises ...
3. The industry will put reporting and slice-and-dice capabilities in their appropriate places and return to its decision-centric roots with a healthy dose of Web 2.0 style collaboration. ...
4. Performance, risk, and compliance management will continue to become unified in a process-based framework and make the leap out of the CFO's office. ...
5. SaaS / Cloud BI Tools will steal significant revenue from on-premise vendors but also fight for limited oxygen amongst themselves. ...
6. The undeniable arrival of the era of big data will lead to further proliferation in data management alternatives. ...
7. Advanced Visualization will continue to increase in depth and relevance to broader audiences. ...
8. Open Source offerings will continue to make in-roads against on-premise offerings. ...
9. Data Quality, Data Integration, and Data Virtualization will merge with Master Data Management to form a unified Information Management Platform for structured and unstructured data.
10. Excel will continue to provide the dominant paradigm for end-user BI consumption. ...
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