Monday, February 23, 2009

Gartner forecasts Australian market growth in business intelligence software

From www.itwire.com

The market for business intelligence (BI) platform software in Australia is forecast to reach A$174.8 million (US$152 million) in 2009, up 16.8 percent from A$149.6 million (US$130.1 million) in 2008, according to technology research and advisory firm Gartner.

Speaking ahead of the Gartner Business Intelligence and Information Management Summit in Sydney this month, Gartner analysts said BI platform purchases should be more resilient to a recession compared with some other software areas, “but a tougher economic environment, together with stronger pricing pressures, will still hamper growth during the next five years.”

According to Gartner, many organisations were still trying to get value from their BI investments, and further investments by these organisations would be constrained until they determined how to get value from the investments already made.

Gartner says that for the fourth year in a row, business intelligence (BI) applications have been ranked the top technology priority in its 2009 Executive Programs survey of more than 1,500 chief information officers (CIOs) around the world.

Speaking ahead of the Gartner Business Intelligence and Information Management Summit in Sydney this month, Gartner analysts said BI platform purchases should be more resilient to a recession compared with some other software areas, “but a tougher economic environment, together with stronger pricing pressures, will still hamper growth during the next five years.”

According to Gartner, many organisations were still trying to get value from their BI investments, and further investments by these organisations would be constrained until they determined how to get value from the investments already made.

Gartner says that for the fourth year in a row, business intelligence (BI) applications have been ranked the top technology priority in its 2009 Executive Programs survey of more than 1,500 chief information officers (CIOs) around the world.


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