GEC NEWS WIREGartner Says MEA BI and Analytics Software Market Grew 11 Percent in 2014
Business intelligence (BI) and analytics software revenue in the Middle East and Africa (MENA) totalled $245 million in 2014, a 12 percent increase from 2013 revenue of $219 million, according to Gartner.
SAP continued to be the lead vendor in MENA, achieving revenue of $61 million in 2014. Tableau, Qlik and FICO registered the strong growth in the MENA region. “The market share leaders who sell in a stack-like fashion with IT as the main target experienced low to flat growth,” said Joao Tapadinhas, research director at Gartner.
“Although infrastructure and operations (I&O) leaders in the Middle East show a lot of interest in public cloud, they stop short of adopting any cloud-based solution,” Mr. Sood said. “This impacts the migration towards cloud BI with latency, data security and privacy mentioned as major concerns by clients in the market. One of the main disadvantages for most countries in the MENA region, compared with mature markets and other emerging regions, such as Eastern Europe and Asia/Pacific, is the lack of a sizable pool of local IT skills, especially when it comes to analytics and big data.” said Bhavish Sood, research director at Gartner.
