SAP Ranked Number One Business Intelligence Vendor in Revenue by Leading Industry Analyst Firm
Report Shows SAP's Market Share Nearly Doubles the Nearest Competitor and the Highest Share Gain of Any Vendor
The report also highlights that SAP's market share is approximately twice as large as its nearest competitor. In addition, SAP's overall market growth during 2008 was 17.8 percent, almost double that of overall market growth.
"2008 marked the first year of combined BI tools revenue for SAP and Business Objects. Yet the growth rate shown for SAP in this study represent organic growth because IDC methodology backstreams revenue of acquired companies," said Dan Vesset, vice president of Business Analytics Research, IDC. "In 2008, the company's SAP BusinessObjects portfolio benefited from the vastly enlarged sales force that was able to sell BI tools to SAP's applications customers. We continue to see strong opportunities for companies to move along the path toward pervasive BI by spreading the use of query, reporting, and analysis technology to more users. With the combined BI offerings, SAP is well positioned to fulfill the future needs of BI technology purchasers."
In the past year, SAP launched SAP® BusinessObjects Explorer(TM) software, which revolutionized BI. The new solution brings together search and data navigation capabilities from the SAP BusinessObjects portfolio with SAP NetWeaver® Business Warehouse Accelerator software, enabling any user to navigate mountains of business data quickly and easily. The company also made significant updates to SAP® BusinessObjects(TM) BI OnDemand solutions, the BI portfolio for SME customers and SAP® BusinessObjects(TM) XI, the intelligence platform.
For more information on SAP BusinessObjects BI solutions, please visit http://www.sap.com.
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