According to Dan Vesset, program vice president for IDC’s Business Analytics Solutions, the business analytics software market “has crossed the chasm into the mainstream mass market.”
In 2011, Vesset explains, the business analytics market extended its post-2009 recovery with another stellar performance by growing worldwide revenues 14.1% year over year.
International Data Corporation forecasts, in fact, that it will continue to grow at a 9.8% compound annual growth rate (CAGR) through 2016 to reach $50.7 billio