KDnuggets : News : 2004 : n19 : item14 < PREVIOUS | NEXT >

Briefs

META Group Report on Data Mining Market

STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 30, 2004-- As part of its ongoing effort to help users evaluate vendor offerings, META Group (Nasdaq: METG) today announced the availability of a METAspectrum(SM) report on the data mining market.

META Group expects significant impact on the data mining market to come not entirely from data mining vendors themselves, but from business application vendors that are embedding data mining technology from these vendors. Embedding data mining directly into the business process enables recommendations and predictions to be provided in the graphical user interface (GUI) of the application. As a result, non-specialized users can receive direct value from data mining initiatives.

Due to this growing channel, META Group expects the data mining market to expand 10-20% annually over the next few years, with services growing at a commensurate pace.

The leaders, according to META Spectrum Market Summary (PDF), are SAS and SPSS, and closely behind them Oracle.

The challengers are Angoss, IBM, KXEN, FairIsaac, Insightful, CA, and Quadstone.

The only follower in the report is Genalytics.

Here is the rest of the story.


KDnuggets : News : 2004 : n19 : item14 < PREVIOUS | NEXT >

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