Published:
Spending on Business Intelligence and Performance Management to Top $57.1B in 2008
BOSTON, May 13 /PRNewswire/ -- Global spending on business intelligence
and performance management applications will reach $57.1B in 2008, according
to a report released today by AMR Research.
The study, which surveyed 400 IT and business leaders acrossEurope,
China, andthe United States, found that the spending emphasis in BI/PM
software turned to tools and infrastructure in 2008 -- a 180-degree turn from
the focus on information-driven and content-specific applications like
dashboards and planning systems in 2007.
The study also notes a marked jump in external consulting spending (a
combination of outsourced services and integration).
"External consulting spending was less than expected in 2007 as companies
hired internally to meet anticipated needs," noted John Hagerty, vice
president and research fellow at AMR Research. "But it has bounced back in a
big way this year. We estimate this category will surpass $20.8B, or 37%, of
total BI/PM spending in 2008."
Additional highlights of this report include:
-- Global spending for 2008 is strong, but U.S. software purchases have
slowed substantially.
-- Long-term sustainable growth is likely for BI/PM spending for the next
three to five years.
The market figures in this spending report are based entirely on
enterprise user statements and budget plans for spending on BI and reporting
tools; dashboards and scorecarding products; planning, budgeting, and
forecasting applications; analytic infrastructure; and analytical
applications.
For more information about this report, please visit www.amrresearch.com
or call (617) 542-6600.
About AMR Research:
Bold Ideas. Compelling Research. Pragmatic Advice. AMR Research is the
No. 1 research firm focused on the intersection of business processes with
value chain and enterprise technologies. Founded in 1986, AMR Research
provides subscription advisory services and peer networking opportunities to
operations and IT executives in the consumer products, life sciences,
manufacturing, and retail sectors. To learn more about our research and
services, visit www.amrresearch.com.
Press Contact:
Maura McGreevy
mmcgreevy@amrresearch.com
617-350-1745
SOURCE AMR Research
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