Indian BI market grew at 40.5% in 2006 - 2007
Microsoft Corporation India Pvt. Ltd. today announced that as per Gartner’s Asia Pacific software revenue estimates, it has emerged as the leading vendor of Business Intelligence solutions in India. The Gartner “Market Share: Business Intelligence Platform Software, Asia Pacific and Japan, 2007” report[1] estimates that with a growth rate of 40.5 percent, the Business Intelligence software revenues in India were US$19.4 million during 2006 – 2007.
As per the Gartner study, Microsoft is also ahead of the competition in the overall APAC Business Intelligence (BI) platform market for a second consecutive year. The study highlights that in APAC, Business Intelligence software revenues grew a healthy rate of 26.1 percent and in value terms the market stood at US$339.7 million during 2006 – 2007. Microsoft has maintained its last year’s position as the market leader with a current 20.13 percent market share2, growing by 25.5 percent to reach software revenues worth US$68.4 million in the Asia Pacific BI market.
“This is a strong testament to our commitment to providing customers with the end-to-end BI platform and software solutions they need to excel in an increasingly dynamic IT environment. We expect 2008 to be another exciting and productive year for Microsoft BI and our customers. We have seen tremendous momentum around our server software solutions since the Wave Launch in Asia Pacific in general, and in the area of BI in particular, and are confident about further driving our leadership position with the upcoming launch of Microsoft SQL Server 2008,” said Ms. Pallavi Kathuria, Director, Server Business Group, Microsoft India.
This announcement follows the positioning of Microsoft in the Leaders quadrant in Gartner’s? Magic Quadrant for Business Intelligence Platforms for 2008? report3 which positions vendors according to their ability to execute and completeness of vision.
“The BI platform market in Asia Pacific grew a healthy 26.1% in 2007. While the region represents just more than 6% of the market opportunity, it is growing at nearly twice the pace of the global market”, said Mr. Bhavish Sood, Principal Analyst, Software Markets, Gartner Inc.
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In its report, Gartner defines Business Intelligence as an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance. A BI platform is further defined as a software platform that delivers most of the following capabilities under three overarching categories of functionality: integration, information delivery and analysis.
Microsoft’s BI offering includes SQL Server, Business Scorecard Manager, ProClarity, and Scorecarding from PerformancePoint – all the major components to deliver performance management capabilities across all departments of an organization using the familiar Microsoft Office environment to significantly increase the reach of the application. With significant advancements in key areas, SQL Server 2008, planned for release in the second half of 2008, is a productive and intelligent data platform that delivers on Microsoft’s data platform vision by enabling organizations to run their most mission-critical applications while lowering the cost of managing the data infrastructure and delivering insights and information to all users.
About Microsoft India
Founded in 1975, Microsoft (NASDAQ "MSFT") is the worldwide leader in software for personal and business computing. The company offers a wide range of products and services designed to empower people through great software - any time, any place and on any device. Microsoft Corporation India Private Ltd is a subsidiary of Microsoft Corporation USA. It has had a presence in India since 1990 and currently has offices in thirteen cities - Ahmedabad, Bangalore, Chandigarh, Chennai, Coimbatore, Hyderabad, Indore, Kochi, Kolkata, Mumbai, Nagpur, New Delhi, and Pune. Magic Quadrant Disclaimer
The Magic Quadrant is copyrighted 1 Feb 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.