Indian BI software revenue to touch $140 m, says Gartner

Indian BI software revenue to touch $140 m, says Gartner

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India: Indian business intelligence (BI) software revenue is expected to reach US $ 139.5 million in 2014, a 15 per cent rise over 2013, according to a study by Gartner, a leading IT research and advisory company.

This forecast includes revenues from BI platforms, analytic applications and corporate performance management (CPM) software, a statement from Gartner said.

Bhavish Sood research director at Gartner said in a statement, “We see signs of the emerging importance of BI in India as senior executives are increasingly exploring the different styles of analytics to resolve their business imperatives,” adding that there was an increased emphasis on metrics management and the growing use of performance management.

Source: The Hindu