TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Industry Announcements

Tracker

Gartner Says India Business Intelligence and Analytics Software Revenue to Reach $245 Million in 2017

Via Gartner Newsroom

Jun 6, 2017

Press Release

Mumbai, India, June 6, 2017 View All Press Releases

Analysts Discuss the Latest and Emerging Data and Analytics trends at the Gartner Data and Analytics Summit 6-7 June 2017 Mumbai, India

Indian business intelligence (BI) software revenue is forecast to reach US$245 million (in constant currency) in 2017, a 24.4 percent increase over 2016 revenue of US$206 million, according to Gartner, Inc. This forecast includes revenue for BI platforms (comprising of traditional and modern BI platforms), data science platforms, analytic applications and CPM Suites.

Gartner analysts are examining the key issues facing the data and analytics market during the Gartner Data and Analytics Summit, which is taking place here through Wednesday.

This year the summit theme has shifted from solely BI/analytics and incorporates the key elements of data management, such as data integration, data quality, data governance, master data management (MDM), and the upcoming tools, architectures, processes, skills and roles that together allow organizations to leverage data as an asset. Digital business dynamics are changing the complete field of data and analytics.

Indian chief information officers (CIOs), chief data officers (CDOs), and other data and analytics leaders must evolve traditional approaches to focus on business outcomes, go with the market trends, benefit from algorithmic business, adopt new technologies and most importantly build trust.

“The data and analytics market is undergoing a significant change. Adoption of machine learning techniques for data management and analytics, the settling of hype around big data through more mature data storage, and processing and analysis solutions are a few of the changes. We are also seeing the rapid shift to the cloud and hybrid data management through focused offerings, and the emergence of modern BI platforms, smart data discovery and self-service data preparation solutions, which are all fueling the next round of investments,” said Ehtisham Zaidi, principal research analyst at Gartner.

“We are also seeing a huge focus on Internet of Things (IoT) data integration, data management and analytics by Indian companies, particularly in the consumer packaged goods (CPG) and manufacturing sector, who are determined the lead the market through competitive differentiation in these key areas,” Mr. Zaidi said.

The BI platforms segment (comprising of modern and traditional BI platforms) continues to lead the BI software market in India (see Table 1). All segments of the BI software market (other than the traditional BI segment) are expected to experience double-digit growth in the next two years in India.

Table 1

India BI Software Revenue Forecast Estimates (Millions of Dollars)** **

Sub segment

Revenue** **

2016 YR

2017 YR

2018 YR

Traditional BI Platforms

Revenue (M) Constant Currency

94.7

101.1 ****

106.6


Growth (%) Constant Currency

6.79% ****

5.39%



Modern BI Platforms

Revenue (M) Constant Currency

32.8

49.1 ****

67.1


Growth (%) Constant Currency

49.99% ****

36.55%



Analytic Applications

Revenue (M) Constant Currency

22.2

26.5 ****

31.6


Growth (%) Constant Currency

19.74% ****

18.91%



Data Science Platforms

Revenue (M) Constant Currency

22.9

30.0 ****

39.0


Growth (%) Constant Currency

30.91% ****

29.93%



CPM Suites

Revenue (M) Constant Currency

33.3

38.2 ****

43.5


Growth (%) Constant Currency

14.58% ****

13.89%




Revenue (M) Constant Currency


205.9

245.0** **

287.7

Growth (%) Constant Currency


24.40%** **

20.93%

Source: Gartner (June 2017)

“We see signs of the emerging importance of data management and analytics in India as senior executives are increasingly exploring the different styles of analytics to resolve their business imperatives,” said Mr. Zaidi. “There is an increased emphasis on the ability to access, monitor, process and analyze the ever growing organizational data due to the advent of IoT, big data and cloud for business management, and strides towards a digital business. Big data use cases are maturing and have executive visibility. This is leading to more investments in data management and analytics.”

Purchasing decisions continue to move from IT leaders to line-of-business executives and users who want more agility and more flexible personalized options — making the land-and-expand model the new norm. This is in stark contrast to the large, enterprise-scale deals that fueled double-digit growth at a time when IT had larger budgets and wielded much more influence in buying decisions,” Mr. Zaidi said.

Gartner analysts will provide additional analysis on data and analytics leadership trends at the Gartner Data & Analytics Summit 2017, taking place June 6-7 in Mumbai, June 20-21 in Sao Paulo, Brazil and November 20-21 in Frankfurt. Follow news and updates from the events on Twitter using #GartnerDA.

Members of the media can register to attend the event by contacting sony.shetty@gartner.com.

Contacts

  • Sony Shetty
  • Gartner
  • 919820900036
  • sony.shetty@gartner.com

About Gartner

Gartner, Inc. (NYSE: IT) is the world's leading research and advisory company. The company helps business leaders across all major functions in every industry and enterprise size with the objective insights they need to make the right decisions. Gartner's comprehensive suite of services delivers strategic advice and proven best practices to help clients succeed in their mission-critical priorities. Gartner is headquartered in Stamford, Connecticut, U.S.A., and has more than 13,000 associates serving clients in 11,000 enterprises in 100 countries. For more information, visit www.gartner.com.

Comments or opinions expressed on this blog are those of the individual contributors only, and do not necessarily represent the views of Gartner, Inc. or its management. Readers may copy and redistribute blog postings on other blogs, or otherwise for private, non-commercial or journalistic purposes. This content may not be used for any other purposes in any other formats or media. The content on this blog is provided on an "as-is" basis. Gartner shall not be liable for any damages whatsoever arising out of the content or use of this blog.

Smarter With GartnerGartner PromoGartner Webinars

Related Topics
  • Asia-Pacific,
  • Data & Analytics,
  • Device Software & Apps,
  • Digital Platforms and Services,
  • Gartner,
  • Network Automation,
  • News,
  • Research and Trials,
  • Tracker

More Like This

Open RAN

Aira Technologies Inc. develops world’s first AI-based channel estimation and prediction xApp

Feb 8, 2023

5G Evolution

Qualcomm introduces the world's first 5G NR-light modem-RF system to fuel a new wave of 5G devices

Feb 8, 2023

5G Evolution

Verizon achieves upload speeds surpassing 1Gbit/s

Feb 8, 2023

Open RAN

NEC touts "truly open, truly trusted" approach to network ecosystems for 5G and beyond at MWC 2023 in Barcelona

Feb 8, 2023

Digital Platforms and Services

Vonage recognised as established leader in conversational commerce by Juniper Research

Feb 8, 2023

This content extract was originally sourced from an external website (Gartner Newsroom) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

0:46

The Cloud Native Telco Summit returns this September!

8:32

Azita Arvani on Being a Female Leader at Rakuten Symphony

16:19

AT&T Amy Zwarico on securing telco applications in the public cloud

1:44

Join us for the greatest industry debate of the year!

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us
  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).