Analysts predict on-demand business intelligence will outpace on-premise applications this year
Mounting evidence suggests that in 2010, the hottest segment in BI (business intelligence) software will revolve around offerings delivered from the cloud, thanks to increased product sophistication, strained IT budgets and other factors.
A new IDC report finds the SaaS BI market will experience triple the growth of the market overall, soaring at a compound annual growth rate of 22.4 percent through 2013, although actual revenue totals will remain small compared to on-premise BI applications.
There are plenty of good reasons to adopt SaaS (software as a service) BI, according to a new report from Forrester Research.
Read the full article by Chris Kanaracus (IDG News Service)
Summary
The demand for finance and accounting outsourcing (FAO) services is strong and will continue to grow in 2010, according to the findings of The WNS Annual CFO Survey 2010.
The study consisted of an online survey of 100 senior finance executives in organizations with revenues of over $3 billion. The survey was designed to identify and analyze key items on the CFO’s agenda and assess how alternative service delivery models such as business process outsourcing are used to address these agendas.
Some of the key findings include:
Over 75 percent of the finance executives plan to expand their outsourcing programs in 2010
Driving corporate cost cutting efforts and improving internal controls are the two most crucial issues in 2010
Forty-four percent of the finance executives believe growing the business will be an organizational imperative in 2010
Over 85 percent of the finance executives are satisfied with the benefits from FAO
The survey was commissioned by WNS (Holdings) Limited (NYSE: WNS) and conducted by EquaSiis, an EquaTerra company.
Link to download the full report.
