Analytics spending worth $58.6 billion

Stefan Mileschin · 25th November 2015, 15:35

A report from IDG said that spending on analytic services is worth $58.6 billion this year and will soar to £101.9 billion 2019.

That’s a compound annual growth rate (CAGR) of 14.7 percent.

IDC said that business analytics is now a “backbone technology” in this cloud driven age.

But there’s a problem as well as opportunities – there’s a shortage of talent coupled with a high interest in enterprises transforming their business using it.

Business analytics spending will grow across all lines in the coming years.

The research shows that there’s high growth not only in enterprises themselves, but in the outsourcing sector too.

http://www.techeye.net/business/anal...h-58-6-billion

25th November 2015, 15:35	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,578	Analytics spending worth $58.6 billion A report from IDG said that spending on analytic services is worth $58.6 billion this year and will soar to £101.9 billion 2019. That’s a compound annual growth rate (CAGR) of 14.7 percent. IDC said that business analytics is now a “backbone technology” in this cloud driven age. But there’s a problem as well as opportunities – there’s a shortage of talent coupled with a high interest in enterprises transforming their business using it. Business analytics spending will grow across all lines in the coming years. The research shows that there’s high growth not only in enterprises themselves, but in the outsourcing sector too. http://www.techeye.net/business/anal...h-58-6-billion

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