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August 22, 2013 /PRNewswire/ --
According to a new market research report "
Business Intelligence Market by Types (Mobile BI, Social BI, Cloud BI, Traditional BI), by Function, by Deployment, by Features, by Verticals, by Organization Size, by Regions): Worldwide Trends, Market Forecasts and Analysis (2013 - 2018) ", The BI Market is expected to grow from 13.9 billion in 2013 to
$20.8 billion by 2018, at an estimated CAGR of 8.3% from 2013 to 2018.
Browse150MarketDataTables and128Figures spread through329Pages and in-depth TOC on"Business Intelligence Market by Types (MobileBI, Social BI, Cloud BI, Traditional BI), by Function, by Deployment, by Features, by Verticals, by Organization Size, by Regions): Worldwide Trends, Market Forecasts and Analysis (2013 - 2018)".http://www.marketsandmarkets.com/Market-Reports/social-business-intelligence-bi-market-1048.htmlEarly buyers will receive 10% customization onthisreport.
Business Intelligence can be defined as the process of analyzing huge volumes of enterprise data usually stored in large databases called Data warehouses, detecting the hidden trends and patterns in data, tracking the business performance and assisting the business users to make better decisions based on real time data. From a marketing stand point Business Intelligence can be described as a systematized strategic management tool that can support executives and business users to make better decisions that are necessary for day to day operations, tactical and strategic planning.