NEW DELHI: Frost&Sullivan(F&S), a global growth consulting company, today released the findings of its latest report on the Indian Business Intelligence market.

F&S announced that Microsoft has emerged as the leading vendor of Business Intelligence software with 18 percent of the $33 million market.

At an event held in Mumbai, Sailesh Dave, Director- Global Best Practices, Frost&Sullivan also presented Microsoft with a Market Leadership award, in On- Line Analytical Processing (OLAP) Applications.

The award was received by Tarun Malik, Senior Marketing Manager, Enterprise Marketing, Microsoft India, on behalf of Microsoft.

In India, the market for BI tools is still in the development stage. Companies that have implemented applications such as ERP, SCM, or data warehouses, often face a situation where they have a huge amount of data and information but no helping tool or clearly defined map, which can be put to use for making strategic decisions.

"The business intelligence market in 2004 was $33 million. The market is expected to grow at a CAGR of 29 percent over the next four years to reach $70 million in 2007.

The maximum contribution to the market comes from data warehouse at 36 percent, followed by OLAP & reporting tools at 34 percent, ETL at 18 percent and analytics at 12 percent," added Alok Shende, Director, Information Communication & Technology Practice, Frost & Sullivan, India.

According to F&S, IT/Telecom along with manufacturing verticals is expected to fuel demand for BI solutions in future.

The pharmaceutical vertical is the most mature vertical for BI adoption in India and hence the contribution from this vertical is expected to decrease. All large companies in this sector already have BI solutions in place from a host of vendors. Other sectors such as transportation, hospitality, logistics, retailing etc are expected to implement BI solutions in the future and an immense opportunity exists there.

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