Albany, NY -- (SBWIRE) -- 07/08/2015 -- About Business Intelligence

Business intelligence (BI) helps analyze data, receive information from various channels or business activities, and use them to identify opportunities and enhance efficiency. Social media and social CRM generate a huge volume of data. This data needs to be compiled and interpreted, so that it can be used for marketing and strategizing purposes. BI solutions, when integrated with analytics, are capable of identifying and analyzing patterns from a large amount of unstructured data. In most cases, BI applications collect data from data warehouses.

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Technavio's analysts forecast the global business intelligence market to grow at a CAGR of 8.25% over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the global BI market for the period 2015-2019. To calculate the market size, it considers the revenue generated through the following.

Software licenses and subscriptions
Software implementation cost
Technical support
Maintenance and professional services

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The report covers the following segments based on technology:

Traditional BI
Mobile BI
Social BI
Cloud BI

The report covers the following segments based on deployment mode:

Cloud BI
On-premises BI

The report also presents the vendor landscape and a corresponding detailed analysis of the five major vendors in the market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key Regions

Americas
APAC
EMEA
Key Vendors
IBM
Microsoft
Oracle
SAP
SAS Institute

Other Prominent Vendors

Actuate (OpenText)
Alteryx
Board International
Brist
Datawatch
GoodData
Infor Global Solutions
Information Builders
Logi Analytics
MicroStrategy
Panorama Software
Pentaho
Prognoz
Pyramid Analytics
Qlik
Salient Management Company
Tableau
Targit
Tibco Software
Yellowfin

Market Driver
Increased Demand for Data Analytics
For a full, detailed list, view our report

Market Challenge

High Implementation Cost
For a full, detailed list, view our report

Market Trend

Emergence of Social BI
For a full, detailed list, view our report

Key Questions Answered in this Report

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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