BI software market expected to grow

3/22/2011 10:12 AM

According to research by TechNavio, the software market for business intelligence is expected to grow dramatically.

The Global Business Intelligence Software Market 2010-2014 contains research from industry experts, vendors and end-users. The report is based on a global scale and includes vendor landscape and trends in the field.

According to the company, increased competition and recent economic conditions are turning companies toward business intelligence software. Also, during the recent economic difficulties, BI was able to grow during this time, revealing companies are seeing the benefits BI software offers.

“With industries, such as manufacturing, finance and insurance, bouncing back after the recession, business intelligence tools are being increasingly employed,” said a TechNavio analyst. “Business intelligence tools have been aiding various organizations to implement real-time decisions at strategic, operational and tactical levels.”

There is currently a surge for skilled BI experts on a global level, as companies struggle to find trained workers. According to research by the IQ Business Group, 70 percent of successful BI outcomes are due to sourcing the right people.

About SetFocus

In business since 1997, SetFocus is the global leader in selecting, training, placing, and supporting Microsoft professionals worldwide. Through strategic relationships, SetFocus develops programs that directly source skilled professionals to meet the immediate hiring needs of its partners. A Microsoft Gold Certified Partner for Learning Solutions, SetFocus utilizes a unique combination of services to help organizations grow allowing them to meet marketplace opportunities with speed and agility. SetFocus has won semi-finalist awards for both the Ernst & Young Entrepreneur of the Year as well as the New Jersey Family Business of the Year. It is currently ranked on Inc. 5,000 fastest growing companies in America. For more information, SetFocus can be reached at +1-886-91-TRAIN and through its website, SetFocus.