Sweden Business Analytics 2008 Market Shares and 2009-2013 Forecast

IDC
October 8, 2009
51 Pages - SKU: IDC2467930
License type:
Countries covered: Sweden

The Swedish business analytics market showed a healthy growth of 5.8% in 2008, but the recession started affecting the market by the end of the year, and that lack of momentum has continued into 2009. Business analytics software and related services are not as affected by the financial crisis as the other software markets due to strong underlying demand for data analysis and quantitative support for critical decisions.

"The competitive landscape in the business analytics services is blurring, not only the ongoing consolidation alters the competitive scene, but also the increased interest from accounting companies, management consultants and traditional IT services vendors are creating new market dynamics," said Brian Troelsen, research manager, IDC Nordic. "It is important that the traditional vendors in the BA space understands this development as it both creates new business opportunities through partnerships, and new breeds of competitors, with their own distinct differentiators."



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