1099RA Cloud-based BI/Analytics: A Top-Growth Business App Through 2013 Popular
While interest and hype surrounding Cloud-based analytics and BI solutions today are ahead of today’s actual rate of adoption, adoption is about to catch up to and pass the hype level.
Saugatuck’s 2012 research and analysis shows that, as of YE 2011, only about 13 percent of enterprises worldwide – including all industries and all sizes of enterprises – indicated that they had Cloud-based BI/advanced analytics solutions in place and in use.
But that same research shows that Cloud-based BI and analytics will be among the fastest-growing Cloud-based business management solution types through at least 2013. Figure 1 summarizes our survey data and analysis regarding Cloud-based business management solution adoption and usage growth through 2013 – and shows how Cloud-based BI / Advanced Analytics forecasts an 84 percent compound annual growth rate (CAGR) over this period.