China, the next wave in Competitive Intelligence?

The China Institute of Competitive Intelligence (CICI) is promoting its 4th Annual Competitive Intelligence International Annual Conference from November 13-15 in Shanghai. Last year, nearly 150 people attended. The China Institute of Competitive Intelligence claims that CI in China is on the rise.

According to CICI:

• The last major Chinese CI software provider exited the market in 2006. Demand for new software will exceed 500 firm licenses and $50MM USD by 2010
• CI Consulting expenses from Chinese firms may reach $30MM USD by 2010
• Over the past 3 years, CICI has trained employees from more than 2,000 companies in Competitive Intelligence