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The need for new and established companies to measure, predict and optimize business performance is fueling demand for analytic applications. In fact, IDC, a Framingham, Mass., research firm, projects that world-wide revenue for analytical applications will accelerate at a compound annual growth rate of 28 percent. The market will grow from $2 billion in 1999 to more than $6 billion in 2004.

According to IDC, the overall market for analytic applications remains highly fragmented. In 1999, the top-five vendors comprised only 30% of the market. "The fragmentation is partly due to the diversity of the market included within the overall analytic applications space and the number of new entrants to the marketplace," Morris says.

Customer relationship management (CRM) applications will remain the fastest- growing segment. Revenue, which grew 75 percent in 1999, is projected to surpass $2.3 billion in 2004.

Source www.dmreview.com/master.cfm?NavID=93&EdID=3293