MENA analytics market grew 11% in 2014: Gartner
SAP remains top vendor, but smaller players show massive growth
Business intelligence (BI) and analytics software revenue in the Middle East and North Africa (MENA) hit $245m in 2014, a 12% increase from 2013 revenue of $219m, according to Gartner.
The BI and analytics market consists of BI platforms, corporate performance management (CPM) suites, analytic applications and advanced analytics.
SAP continued to be the lead vendor in MENA, achieving revenue of $61m in 2014, which was a modest 3.6% increase from 2013. Oracle, SAS Institute, Microsoft and IBM made up the rest of the top five.
Within the top five, only IBM, with 28.7% showed strong growth. The others had to make do with single-digit revenue increases. In contrast, smaller vendors Tableau, Fico and Qlik registered the strongest growth in the region, with 77.3%, 53.9% and 40.3% revenue bumps, respectively.
"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.