A brief and reliable market research about the Business Intelligence software market share

1. image source: business2community.com
Definition of Business Intelligence:
Business intelligence (BI) is a technology-driven process for analyzing data and
presenting actionable information to help corporate executives, business managers and
other end users make more informed business decisions. BI encompasses a variety of
tools, applications and methodologies that enable organizations to collect data from
internal systems and external sources, prepare it for analysis, develop and run queries
against the data, and create reports, dashboards and data visualizations to make the
analytical results available to corporate decision makers as well as operational workers.
Source here
Market share:
There are several researches and predictions made that give info about how the market
will grow in the following years.
According to Gartner, $14.4B was spent worldwide on Business Intelligence (BI) and
analytics enterprise software in 2013 and as Redwood Capital mentiones in its report the
global Business intelligence market is expected to reach $20.81 billion by 2018
The global business intelligence market is growing at a CAGR of 8.25% over the period
2014-2019
Gartner also mentions that Business Intelligence Market in Asia Pacific is growing really
fast. In Asia Pacific, the top four “megavendors” — SAP, Microsoft, Oracle and IBM —
controlled 72.2 percent of the BI platform market in 2012, up from 65 percent in 2011.
However, Gartner analysts said that business units increasingly prefer data discovery
solutions, such as Tibco Spotfire, QlikTech and Tableau Software, while their
counterparts in IT are still more comfortable procuring from megavendors. Additionally,
in Middle East and Africa Business Intelligence market had received a growth of 11% in
2014.

2. The top 3 Business intelligence vendors in 2014: SAP (21,3% Market share), Oracle (14%
Market Share), IBM (13% Market Share) according to matillion.com
Business Intelligence segments based on technology:
– Traditional BI
– Mobile BI
– Social BI
– Cloud BI
Author: Elioplus Team
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