BI market revenues grow with infrastructure consolidation

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http://www.itwire.com – The Australian business intelligence (BI) software market generated $324.12 million in software licensing and maintenance revenue last year, representing revenue growth of 5.4 percent. Further growth of eight percent a year (CAGR) is forecast over the next five years to 2016. {loadposition peter}According to the latest survey of the BI market by IDC, the growth for BI tools in 2011 has been primarily driven by the continuous efforts of Australian organisations to consolidate existing IT infrastructure. "In addition, there has been more upgrades on existing BI tools seen as opposed to purchasi (IT news)