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Top 10 Trends in Business Intelligence for 2009

by HP

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White Paper Excerpt

Although it’s difficult to get a consensus growth figure, most analysts see business intelligence (BI) as a relative bright spot in the IT spending forecast, with a projected growth rate of between 2% and 10% (vs. the 9–12% projected in early 2008).

Out of necessity often comes invention and needed change. Altered priorities will force businesses to become more efficient. Retailers will reinvent themselves to deal with new socioeconomic and
technological realities. Financial services companies will have to develop innovative ways to acquire and retain customers. Cost takeout may be the #1 criterion for evaluating BI and data warehouse (DW) projects in 2009, but right after that are improving customer management capability related to protecting the customer base, work associated with mergers and acquisitions (M&A) integration, and risk analysis. The telecommunications industry will see large-scale consolidation and aggressive expansion into the cloud services business. In healthcare, it is expected that the Obama administration policy will drive investment in cost control and efficiency in the US. And in all industries, organizations running IT like a business will look to BI to increase efficiency and contribute to business value.

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bam, bi, business intelligence, cep, cloud computing, erp, ods, saas, soa