SAS leads BI market in India

NEW DELHI, INDIA: SAS Institute (India) Pvt. Ltd - a wholly owned subsidiary of SAS Institute Inc. and global leader in the business intelligence and analytical software and services market has announced that it has emerged as the leader in the Business Intelligence (BI) software market in India.

According to IDC, the India BI software market is slated to grow at a CAGR of 35.9 per cent (2006-2011-Source: IDC's India BI Software Market Report, June 2007).

IDC India's report brings out that SAS India is the leader in the Business Intelligence applications software market with a 25 per cent market share for FY 2006.

Commenting on the BI Software market, Praveen Sengar, manager - Software and Services Research, IDC India said: "The BI market in India has tremendous potential, with growth expected to be over 35 per cent. We believe that Indian enterprises are viewing Business Intelligence software as a strategic tool and the market is seeing investments ranging from pure reporting and analytics tools, to Business Performance Management tools, Balance Scorecard and KPI tools and so on. The Indian BI market is growing rapidly, on account of the increasing IT adoption across industry verticals, increasing competition and globalization, bringing with it new business challenges. Indian enterprises are adopting BI and Analytics solutions in an effort to overcome the challenges of competition and globalization, and in an effort to pave the way for increased revenue growth and profitability."

"We are honored to retain our leadership role in the Business Intelligence & Analytics market in India" said Sudipta K Sen, CEO & managing director, SAS Institute (India) Pvt. Ltd. "Our unabated growth demonstrates that customers are demanding proven solutions from stable partner which focuses on delivering business value to them." added Sen.