Gartner: BI market grows 22 percent

Business intelligence software grew by 22 percent in 2008, according to Gartner. It's a huge jump from the 13 percent increase it saw between 2007 and 2008.

According to Gartner analyst Dan Sommer, the reason is simple: "Companies are looking to 'increase transparency' to identify costs and better align strategy with execution," he told InformationWeek.com.

BI business is so good that total revenue for the market checked in at $8.8 billion. That's good news for the six vendors that own 75 percent of the market: SAP, SAS, Oracle, IBM, Microsoft and MicroStrategy. It's also a sure sign that businesses realize that BI is a good thing, and it's definitely here to stay.

For more on the success of BI:
- check out this InformationWeek.com article [1]

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[2]Business Intelligence software gets a boost [3]
Business Intelligence on a budget [4]