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Go to Market BI Research –Gartner’s 2016 BI Magic Quadrant

Gartner released the 2016 version of their Magic Quadrant for Business Intelligence and Analytics Platforms. According to Gartner, the enterprise business intelligence industry has crossed the chasm and is completing its evolution from a market based heavily on reporting tools to one that is more business-centric, user friendly, offering self-service analytics to facilitate a plethora of users to get their hands on tools that drive insights. The majority of BI purchases now comes in the form of modern platforms which focus on user engagement and that is what is driving changes to the vendor landscape and the magic quadrant.

Based on the changes in the market (the shift in buying decisions from IT to business stakeholders), Gartner has changed their paradigm to assess vendor performance in the Bi space.  Centralized provisioning and tightly governed platforms are becoming a thing of the past.  Tools that promote analytical agility and business user autonomy is what users are asking for and what vendors are delivering.  In response, Gartner has adapted its approach and the 2016 Magic Quadrant is based on platforms with modern capabilities..

Gartner’s BI & Analytics report is now based on the following five main use cases:

  • Agile Centralized BI Provisioning
  • Decentralized Analytics
  • Governed Data Discovery
  • Embedded BI
  • Extranet Deployment

Go to Market BI Research – Gartner Predicts Global Business Intelligence and Analytics Market to Reach $16.9B in 2016

The Gartner forecast for business intelligence (BI) and analytics is that the market will reach $16.9B in 2016.  That represents over a 5% increase from 2015.

Gartner analysts believe that the BI and analytics market near the final stages of a shift from IT-led, system-of-record reporting to business-led, self-service analytics–a change that has been anticipated by Gartner. The benefit to organizations is a modern business intelligence and analytics (BI&A) platform that enables accessibility, agility and deeper analytical insight.

An Image Depicting Go to Market BI Research - Gartner Predicts Global Business Intelligence and Analytics MarketGarter includes a high-level comparison of traditional and modern BI and Analytics platforms broken down by three segments

  • Analytics workflow components
  • IT-centric reporting and analysis platform
  • Modern BI and analytics platform

Analytics workflow components include data source, data ingestion and preparation, content authoring, analysis and insight delivery.


Go to Market BI Research – IDC Worldwide Business Analytics Software Market Shares

IDC continues to produce detailed supply-side quantitative metrics for markets and vendors that are detailed and pragmatic.  The IDC report,Worldwide Business Analytics Software Market Shares, 2015: Healthy Demand Despite Currency Exchange Rate Headwinds, should be something every B2B marketing team is familiar with and leverages in their go to market plans.

IDC defines the business analytics software market to include horizontal tools and prepackaged analytic applications that include:

  • Software to support the full life cycle of data integration
  • Integrity
  • Analysis
  • Visualization
  • Related decision support functionality

Go to Market BI Research – IDC Key Takeaways

  • In 2015, the global business analytics software market grew 2.5%
  • Growth rates varied among the 12 market segments
  • The fastest-growing markets were content analytics, customer relationship analytic applications, and advanced and predictive analytics.
  • The two largest market segments, end-user query, reporting, and analysis and analytic data management grew slowly (0.7% and 2.7%, respectively).
  • 2015 was the beginning of the migration to the cloud.
  • The on-premises portion of the overall market contracted by 1.4%
  • Public cloud services revenue grew 26.5%.
  • Public cloud portion of the market now represents 17% of the overall market.
  • Cloud adoption of analytic applications: 40%
  • Cloud adoption of the aggregated category of business intelligence (BI)/analytics tools, analytic data management and integration platform, and spatial information analytics tools: 7%

Go to Market BI Research - IDC Worldwide Business Analytics Software Market SharesGo to Market BI Research – Market Share – Global Business Analytics Software Revenue

  • Oracle $6.8B, 16.4% share, -2.8% growth
  • SAP $5.4B, 13.1%, -6.2%
  • IBM $4.3B, 10.3%, -7.2%
  • Microsoft $3.8B, 9.1%, 10.4%
  • SAS $2.9B, 6.9%, 4%
  • Teradata $1B, 2.5%, -7.8%

Go to Market BI Research - IDC Worldwide Business Intelligence & Analytics Software Market RevenuesGo to Market BI Research – Market Share – Global Business Intelligence & Analytics Tools Software Revenue

  • SAP $2B in revenue, 14.4% share, -12.6% growth
  • Microsoft $1.5B, 10.7%, 9.7%
  • SAS , $1.4B, 9.9%, 6%
  • IBM $1.4B, 9.8%, -10.2%
  • Oracle $1B, 7.4%, -2%
  • Tableau $.6B, 4.5%, 57.9%

 


Go to Market BI Research – Global Analytics & Business Intelligence Applications

In 2015, the Global Analytics and Business Intelligence applications market grew 4% to approximately $11.6B in license, maintenance and subscription revenues

  • Go to Market Research - Global Analytics & Business Intelligence Applications Market ShareSAP had a 10% market share with $1.2B in Analytics and Business Intelligence (BI) product revenues – this was a23% jump in license, maintenance, and subscription revenues.
  • SAS Institute was second with a 9% market share
  • IBM was the third with an 8% share
  • Oracle and Microsoft followed with a 7% and 5%, respectively

The worldwide analytics and BI applications market is forecast to reach $13.7B in 2020 – 3.3% CAGR

NOTE: Analytics applications cover business intelligence functions sold as a standalone application package for decision support or embedded in an integrated solution for functions such as revenue performance or for specific verticals such as healthcare performance management


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