Business Intelligence Software Revenue on the Rise: Gartner

Q.  Business Intelligence software will grow to reach what figure by 2016, according to research firm Gartner?
- Published on 08 Jun 16

a. US $213.6 million
b. US $115.5 million
c. US $ 425.7 million
d. None of the above

ANSWER: US $213.6 million
 
Business intelligence (BI) software revenue is expected to grow 18.6% to reach $213.8 million by 2016 over the previous year as spending on data analytics solutions rises, research firm Gartner said on June 7th
  • The revenue, which stood at $180.2 million in 2015, included revenue from platforms like BI, advanced analytics, analytic applications and corporate performance management software, it said in a report.
  • BI platforms segment continued to lead the BI software market in India accounting for $115.6 million in revenues in 2015.

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