Nov 092006

Simba had a report out in August, Business Information Markets 2006-2007. Not exactly news but they keep on spamming emailing me about it. The Executive Summary says “revenue growth in the market for online business information services is projected to reach 3.4% in 2006, following growth of 3.1% in 2005. The industry is expected to grow at a compound annual rate of 3.3% from 2004 to 2006”. This seems pretty backward-looking for a report for 2006-07 but perhaps that’s what they’re prepared to say for free. (The Executive Summary requires you to provide your email (with no opt-out options) but gives very little in return.)

Mind you, whenever I read these kind of growth rate predictions given to a tenth of a percentage point I’m always put in mind of Scott Adams. In The Dilbert Future he said that there are only two ways for predicting the future: “nutty methods” such as reading horoscopes, tea leaves, tarot cards or crystal balls, or methods that “put well-researched facts into a sophisticated computer… commonly referred to as ‘a complete waste of time’”.

The full report costs $2,390. You probably know if you need it.