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Indian BI set for growth

By Phumeza Tontsi
Johannesburg, 08 Apr 2011

Indian BI set for growth

The market for business intelligence (BI) software in India is expected to grow by 15.7% to $65.4 million in 2011, according to Gartner, says CIOL.

India Blooms reveals that Gartner's view is that the market for BI platforms will remain one of the fastest growing software markets despite sluggish economic growth in most regions.

Organisations continue to turn to BI as a vital tool for smarter, more agile and efficient business and they increase the current usage scenario from just an information delivery mechanism.

Decision making in India historically has been based on either "gut feelings" or on the business experience of managers.

Meanwhile, the New Kerala reports that BI will allow enterprises to make more fact-based decisions.

BI promotes revenue growth and faster innovation through shorter product and service life cycles and the ability to find where value is being created in the business.

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