March 14, 2008
Asia remains lucrative BI market
Recently read this article on "Asia remains lucrative BI market".It was clearly indicated by Gartner that BI is continued to be growing sector in 2008 and these predictions will really create a healthy market for BI in coming years..
"As growth of the global business intelligence (BI) software market starts to slow, the Asia-Pacific region is still set to grow healthily, says Gartner.
Fueled by "greenfield" opportunities and fast economic and structural developments, the region's growth is expected to be higher than that of Europe and North America, said the analyst firm in a statement.
Worldwide growth rates, by contrast, are slowing at a CAGR of 8.6 percent to US$7 billion in 2011.
Gartner predicts BI software revenue for the Asia-Pacific region to reach US$399 million this year, and grow at a compound annual growth rate (CAGR) of 15.5 percent to hit US$577.6 million in 2011.
In the latest Gartner Executive Programs survey, some 1,500 Chief information officers ranked BI top on their list of technology priorities for the third year running.
According to Gartner, CIOs feel a proper BI strategy is the foundation to upgrade areas of the business such as customer service and legacy applications.
Bhavish Sood, Gartner senior research analyst said: "The days of strong double-digit growth in the global BI market are over, as the industry enters a state of flux following vendor consolidation, increasing maturity and price erosion.
"However, BI remains critical for businesses as it turns information into an asset for insight and decision making, especially in high-growth markets in Asia," added Sood.
Furthermore, consolidation in the BI market through major acquisitions such as IBM and Cognos, Oracle and Hyperion and SAP and Business Objects is expected to drive increased usage from the large vendors.
Sood said new vendors will try to differentiate by introducing newer technology and products to fill gaps in the larger vendors' product lines. Examples of which may be predictive modeling, enterprise search, and interactive visualization techniques.
Gartner advises customers of recently-acquired players to wait for proper product roadmaps from the vendors, to avoid investing in overlapping products".
Apart from the Major player like Business Objects ,Cognos, Microsoft,oracle,sas and microstrategy which competes in the global BI Market and also in Asian Market, one should not forget about the growing BI software vendor from India i.e MAIA Intelligence which has its own flagship product called 1key.
Recently they came up with an idea of license replacement program enables customers of Business Objects and Cognos to trade in their existing BI licenses for MAIA’s 1KEY BI licenses.so it proves BI will be driven by new vendors also.....Check out more @ http://www.maia-intelligence.com/Business-Objects-Cognos.html
Posted by Rajasekar at 12:00 AM | Comments (0)
February 25, 2008
SAAS is Picking up in India
Research Firms like gartner and many other has predicted SAAS [Software as a service] is going to be the next generation application development.It was first Salesforce.com gave away the product on subscription basis [OnDemand CRM] and thus it capture the most market share next to siebel CRM.
Recently two product got into the SAAS Market
1. MYFOTOBIZ
2. Ramco OnDemand ERP
MYFOTOBIZ
MyFotoBiz is a Professional Photographers Online Studio Management software. This is designed to help the professional Photographers to manage their business in ways that could not be accomplished alone.
MyFotoBiz.com is a business software to watch out your business. It is one website where all the actions from handling contacts, scheduling appointment, managing huge volume of theirs and clients photographs & orders are facilitated. It acts as an office on the web. Its a very simple software with rich touch of features.
MyFotoBiz
Best of all, it offer as a Software as a Service SaaS model, which means no downloads, no installations. It runs on Windows, Mac, Linux if you have a browser and you have the software. What this assures is that your version of the software is always current and you will have access to the latest and the greatest.
It is product developed by Jeevan Technologies
More info @ http://www.myfotobiz.com/MFB/Default.aspx
Ramco OnDemand ERP
Ramco OnDemand ERP is the first full-fledged ERP catering to the needs of growing business. A world-class software, delivered as a service, this solution helps streamline and integrate your business processes. As easy to use as e-mail, it requires minimal training and can be accessed from anywhere.For an affordable subscription, Ramco takes care of all your infrastructure, maintenance and support needs.
Ramco
Ramco OnDemand ERP is configured to your business requirements and typically takes less than a week to deploy. As your business grows, the solution can be scaled up to accommodate multiple locations, currencies and business units. The solution is evergreen and stays tuned to your business all the time.
It integrates multiple functions and systems into one solution and gives you total visibility and control of operations. In the process, it helps you focus on growing your business.
They have implemented the OnDemand ERP to Parry enterprises, Chennai(Part of Murugappa Group) and Hindustan Motors - RTV Division, Indore
More info @ http://www.ramco.com/erpondemand/index.html
Source from my blog
Posted by Rajasekar at 4:15 AM | Comments (0)
