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Oracle quietly slashes BI software prices

Chris Kanaracus | July 4, 2013
Oracle's flagship BI Foundation Suite's price tag is lowered as market competition stiffens.

But last year, the pace of BI software spending growth slowed to about 7 percent after jumping 17 percent in 2011, according to a report released last month by analyst firm Gartner.

In total, the BI market stood at US$13.1 billion in 2012, Gartner said. SAP led the market with $2.9 billion in revenue, followed by Oracle at roughly $1.9 billion, according to Gartner's survey.

However, Oracle's BI revenue grew by 2 percent in 2012, compared to SAP's 0.6 percent BI growth rate that year, Gartner said.


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