As the business intelligence (BI) market absorbs a recent round of market-changing mergers and acquisitions (M&A), Forrester analyzed the evolution of this fast-growing market and tracked 434 unique activities in the first three quarters of 2008 from seven leading vendors across four categories: M&A, partnerships, new deals and customer case studies, and new products and services. Key BI trends were well represented as vendors reported vertical integrated solutions, new mobile technologies, and new license models.