Business intelligence (BI) adoption continues to grow
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Despite tighter IT budgets because of the weak economy, companies are still seeing the need to invest in BI tools. More respondents said their organizations have adopted BI software than in years past: According to the survey, the vast majority of businesses – 85% – have at least one BI tool in use. The business intelligence adoption level is up from 76% in last year’s survey. More than half of the organizations represented in the 2010 survey are using multiple BI tools: 52%, same as in 2009.
The growing adoption of BI tools has been reflected in industry reports as well. For example, according to a recent IDC report, the BI market eked out growth in 2009, although the increase was less than in previous years. Total BI software license and maintenance revenue grew to $8 billion, up 2.5% from 2008, IDC said. But, it added, that was still better than most other IT markets, many of which saw drop-offs in revenue last year.
BI software adoption resources: