Core and predictive analytics to grow 7.7% and 8% a year

According to IDC, core and predictive analytics will grow through 2008 with compound annual growth rates (CAGRs) of 7.7% and 8% respectively. As compared with total worldwide revenue from core and predictive analytics at $8 bln in 2003, IDC believes the total will reach more than $11 bln in 2008, with core analytics generating $8.7 bln and predictive analytics $3 bln.