Blog: William McKnight

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Gartner Clients Consider BI to Be a Major Priority

Garner came out with a research paper today titled "Clients Consider Business Intelligence to Be a Major Priority" that states "business intelligence jumped from the No. 10 slot to the second-highest priority on CIOs' agendas."

Some observations:

· Small-medium businesses (SMBs) make up a large growth market for BI software

· In the key verticals of manufacturing and financial services, BI accounts for the highest share of software budgets — 18 percent and 16 percent, respectively.

· The education market is a growth market for BI - projecting that BI will make up approximately 10 percent of the total software budget, mainly as a result of recent laws and regulations involving education, such as the "No Child Left Behind" policy in the United States.

· Other markets that are just beginning to adopt BI on a larger scale include healthcare and government.

Drivers of BI growth:

· To respond to user needs for timely data

· Efforts to improve decision making

· As a response to governmental regulations.

· The continuing need to reduce total cost of ownership within organizations

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