Dr. Lakshmi Mohan
Major Growth Drivers for BI in 2005
Need for organizations to make a sense of the “data tsunami” that is hitting them from their enterprise applications
Focus on performance management and the need to develop and measure the associated key performance indicators
Ensuring accuracy, timeliness and consistency of data for regulatory reporting
Source: Gartner Management Update, Nov. 2004
Market for BI tools is estimated to grow from $ 3.7B in 2002 to $4.5B in 2007, according to industry analyst, IDC.
Source: DM Review, April 2003