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IDC ranks SAP as top BI tools supplier
IDC ranks SAP as top BI tools supplier
By SMBWorld Asia Editors | Jul 30, 2010
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IDC reports that SAP AG is 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.
Two IDC analyses – “Worldwide Business Intelligence Tools 2009 Vendor Shares” and “Worldwide Financial Performance and Strategy Management Applications 2007-2009 Vendor Shares" – found that SAP leads the BI market with revenues of $1,557.1 million and a 19.5% market share while revenue for FPSM exceeded $535 million to deliver a market share of 23.7%. 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.
BI solutions from the SAP BusinessObjects portfolio continue to lead the 2009 market, capturing almost 20% of market share. IDC reports that the BI market continued to grow in 2009, despite negative growth for the overall IT market. In the past year SAP launched SAP BusinessObjects Explorer software, which allows people to navigate through any type of data from SAP or non-SAP sources quickly and intuitively. The company also released the SAP BusinessObjects BI OnDemand solution, which gives casual BI users a complete BI toolset that is easy to use and has a pricing model that scales based on business need.
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.
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