Business intelligence (BI) software revenue in India is forecasted to reach US$113 million in 2013, a 16 percent increase over 2012 revenue of US$98.1 million, according to Gartner. This forecast includes revenue for BI platforms, analytic applications and corporate performance management (CPM) software.
“Pressures from consumers, environmental policies, government and industry regulations, international standards of quality, and internal operational efficiency are forcing enterprises to improve their operations and processes to become both agile and efficient in a volatile marketplace, “ said Bhavish Sood, Research Director at Gartner. “These internal and external pressures are driving increased adoption of analytics solutions across the country.”
India BI Software Software Forecast Estimates (US$m)
| Subsegment | Data |
2012 |
2013 |
2014 |
2015 |
2016 |
|
Analytic Applications and Performance Management |
Sum of Revenue (M) |
14.2 |
16.8 |
20.0 |
23.6 |
27.8 |
|
Growth (%) |
14.24 |
18.94 |
18.45 |
18.07 |
17.87 |
|
|
CPM Suites |
Sum of Revenue (M) |
18.6 |
22.0 |
26.0 |
30.7 |
36.1 |
|
Growth (%) |
11.97 |
18.32 |
18.03 |
17.85 |
17.62 |
|
|
BI Platforms |
Sum of Revenue (M) |
65.3 |
74.1 |
84.0 |
95.1 |
107.4 |
|
Growth (%) |
13.86 |
13.43 |
13.40 |
13.11 |
12.93 |
|
|
Total Sum of Revenue (M) |
|
98.1 |
113.0 |
130.0 |
149.3 |
171.2 |
|
Total Growth (%) |
|
13.55 |
15.15 |
15.05 |
14.82 |
14.67 |
Gartner (June 2013)
Entelechy Asia 