Gartner Says Worldwide Business Intelligence, Analytics and Performance Management Grew 22 Per Cent in 2008

Despite Tough Economic Conditions and Industry Consolidation, Overall Revenue Surpassed $8.8 Billion

Stamford,Conn., (PresseBox) - Worldwide business intelligence (BI) platform, analytic applications and performance management software revenue reached $8.8 billion in 2008, a 21.7 per cent increase from 2007 revenue of $7.2 billion, according to Gartner, Inc.

"Industry consolidation has led to an increase in growth, despite the necessary product rationalisations and organisational changes," said Dan Sommer, senior research analyst at Gartner. "The large stack vendors, especially the application vendors, have put a lot of focus and sales power behind their newly acquired BI products, with accelerated migrations and upgrades in the installed base as a result."

Following SAP's acquisition of Business Objects, the company was the No. 1 vendor in combined worldwide BI, analytics and performance management software revenue in 2008, accounting for 24 per cent of the market (see Table 1), followed by SAS Institute, Oracle, IBM and Microsoft.

"Most, but not all, of the midtier independent BI vendors targeting businesses struggled more, which indicates that there is bifurcation in buying to either more stack-centric behaviour, or smaller tactical departmental projects," Mr Sommer said.

"In tough times, the first step is to increase transparency which helps identify cost-centres, and then to more tightly align strategy with execution," Mr Sommer said. "This is why demand for BI, analytics and performance management is relatively strong even in a bearish economy. However, we don't expect these two markets to sustain the same high growth rate in 2009, as much of it came from the lowest-hanging fruit in up-selling products of an acquired company to an existing installed base and because the first half of 2009 was softer due to the recession."

Additional detail is available in the Gartner report "Market Share: Business Intelligence, Analytics and Performance Management Software, Worldwide 2008." The report is available on Gartner's website at http://www.gartner.com/....

Gartner UK Ltd

Gartner, Inc. (NYSE: IT) is the world's leading information technology research and advisory company. Gartner delivers the technology-related insight necessary for its clients to make the right decisions, every day. From CIOs and senior IT leaders in corporations and government agencies, to business leaders in high-tech and telecom enterprises and professional services firms, to technology investors, Gartner is the indispensable partner to 60,000 clients in 10,000 distinct organizations. Through the resources of Gartner Research, Gartner Executive Programs, Gartner Consulting and Gartner Events, Gartner works with every client to research, analyze and interpret the business of IT within the context of their individual role. Founded in 1979, Gartner is headquartered in Stamford, Connecticut, U.S.A., and has 4,000 associates, including 1,200 research analysts and consultants in 80 countries. For more information, visit www.gartner.com.

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