BI, Performance Management Software Market Surpassed $12B

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BI, Performance Management Software Market Surpassed $12B

April 3, 2012 No Comments

SOURCE: eWeek

The BI, analytics and PM software market was the second-fastest growing sector in the overall worldwide enterprise software market in 2011.

Worldwide business intelligence (BI) platform, analytic applications and performance management (PM) software revenue reached $12.2 billion in 2011, a 16.4 percent increase from 2010 revenue of $10.5 billion, according to a report from IT analytics fimr Gartner. The BI, analytics and PM software market was the second-fastest growing sector in the overall worldwide enterprise software market in 2011, according to the report. SAP remained the top vendor in combined worldwide BI, analytics and PM software revenue in 2011, accounting for 24 percent of the market, followed by Oracle, SAS Institute, IBM and Microsoft.