Here is a small sampling of growth numbers for traditional on-premise vendors that I found. The article also said the business intelligence market is larger than Forrester's estimation of $8.5 billion.
- SAP Business Objects posts double digit growth.
- IBM Cognos reported 12% revenue growth for first nine months.
- Microstrategy growth at 8%.
- SAS Institute growth at 5%.
For many companies, these could look like great numbers in these economic times! I hope you are apart of this growth in some shape or form.
Then I thought about the numbers (briefly). Typically B2B sales take several months, maybe 6 - 10 months or longer to complete. Meaning these growth numbers are from sales initiated in 2007 or early 2008. Really not when the recession was causing havoc. So the true test to the resilience of business intelligence will be the 2009 numbers.
"Is anyone looking to buy in 2009?", is the real test.
While growth numbers may or may not be interesting. What could be very interesting would be to compare SaaS BI company growth with traditional on-premise. Get the real numbers out there. Of course, the size of revenues may be apples vs oranges but the percent growth would be interesting, yes?
Here are the 60 fastest growing companies, which SaaS vendors comprise much of this growth. The link is near the end of the post, if you're not interested in healthcare on the internet. Unfortunately I haven't found comparable numbers I could use (send some along if you know of any - we could do quick collaborative analysis).
As an aside, I am reading more and more about business intelligence being an add-on to ERP packages. The first link above mentions the BI market of $8.5 billion doesn't include BI tools packaged with ERP, HR, and customer analytics applications.
I think it's inevitable that on-premise BI's future will be an attachment for ERPs. Where that leaves enterprise-wide BI, I'm not sure. Perhaps the value of enterprise-wide BI will be for large organizations with deep pockets to pay for the on-going costs.
If you're looking for emerging bright light technologies, check out:
- predictive analytics
- business activity monitoring (or complex event processing)
- text analytics
- column-based databases