BI grew in a negative IT mkt: IDC

BI grew in a negative IT mkt: IDC

IDC found that SAP leads the BI market with revenues of $1,557.1 million and a 19.5 percent market share while revenue for FPSM exceeded $535 million to deliver a market share of 23.7 percent

Wednesday, July 28, 2010

WALLDORF, GERMANY: SAP AG announced that IDC has reported SAP as the market leader in the business intelligence (BI) tools market based on software license and maintenance revenue.

IDC also reported that SAP has grown faster than the market for financial performance and strategy management (FPSM) applications for the fourth consecutive year, as a press release adds.

Two IDC analyses ? ?Worldwide Business Intelligence Tools 2009 Vendor Shares1? and ?Worldwide Financial Performance and Strategy Management Applications 2007-2009 Vendor Shares2? ? found that SAP leads the BI market with revenues of $1,557.1 million and a 19.5 per cent market share while revenue for FPSM exceeded $535 million to deliver a market share of 23.7 per cent. The BI and FPSM solutions are part of the overall business analytics market, which also includes customer relationship management (CRM), supply chain, workforce and service operations analytics.

?Despite decreased IT spending in general, we continue to see opportunity and growth for vendors in both the BI and the FPSM markets,? said Dan Vesset, vice president, Business Analytics Solutions, IDC. ?SAP is well positioned to address the BI and financial performance management requirements, as well as broader business analytics needs of organizations of all sizes.?

IDC reports that the BI market continued to grow in 2009, despite negative growth for the overall IT market.

SAP?s continued growth in the FPSM applications market is due in part to its broad portfolio of enterprise performance management (EPM) solutions, including strategy management, profitability and cost management, planning and consolidation, and risk management. In addition, the reports says, ?With SAP?s sustainability management and expanded portfolio of enterprise performance management offerings seeing improved integration with business intelligence tools, the company is well positioned to grow revenue in 2010 and beyond.?

?Today?s competitive business environment demands real-time visibility into performance, and SAP delivers that by providing our customers with the most comprehensive set of integrated BI and EPM solutions,? said Sanjay Poonen, executive vice president and general manager, Business User and Line-of-Business Sales, SAP.

?We continue to lead the combined BI and FPSM market because SAP enables customers to give their employees ? from the boardroom to the shop floor ? instant insight across all lines of the business so they can contribute to their bottom line. Customers continue to turn to SAP solutions over competitors because we provide a unique vision and approach to analytics, and we deliver those solutions on a modern platform that works with their existing IT environments. This makes it easy for all business users to get up running quickly, so they can focus on running their business more effectively.?

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