Big Data use Cases are Driving an 8.1% Market Growth Rate in End-User Query and Reporting Tools in Australia, According to IDC
10 May 2012
Sydney, Australia, May 10, 2012. Leveraging data that
has previously been out of reach for analytics due to volume, velocity or
variety will drive investment in Business Intelligence tools over the next five
years, with the compound annual growth rate (CAGR) to 2015 for end-user query
and reporting services (EUQR) at 8.1%.
"The sheer number of records available to
be analysed, search indexing, email messages and company records, can be stored
and managed but it is the complexity and granularity of those data sources is
challenging current reporting and analysis environments," says IDC
Software Analyst, Vanessa Thompson.
The evaluation of activities, business
processes, and industries that give rise to Big Data use cases will be married
with the current investment in BI and analytics technologies of businesses in
Australia. This provides insight into immediate opportunities for Big Data
analysis for supply-side vendors.
IDC's report, Business Intelligence in Australia: Emerging Opportunities in Text
based Analytics, May 2012, details IDC's analysis of the opportunities in
text based analytics including industry-specific use cases and how end users
will look to broaden existing investments in Business Intelligence tools.
"Applications that access, manage, and
analyse all types of information are being adopted quickly in Australia, with
end user requirements driving tool selection," says Thompson. "Current business pressures mean that
use of fit for purpose Business Intelligence tools will remain the status quo
in the near term but the pressure to remain competitive will force future
This press release relates to the document: Business Intelligence in Australia: Emerging
Opportunities in Text based Analytics, May 2012, http://www.idc.com/getdoc.jsp?containerId=AU1172604U and is a precursor to the Australia Business
Intelligence Software Market Analysis and Forecast, 2011-2016 to be published
in June 2012.
For more information, contact:
+ 61 2 9925 2228
Alison Te Hira
+61 2 9925 2258