IDC ranked SAP A Leader

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

IDC ranked SAP A Leader

IDC has named SAP to be the leader in the worldwide business intelligence (BI) tools market based on software licence and maintenance revenue (including subscription revenue). IDC also reported that SAP has grown faster than the worldwide market for financial performance and strategy management (FPSM) applications for the fifth consecutive year.

The two IDC analyses - "Worldwide Business Intelligence Tools 2010 Vendor Shares"1 and "Worldwide Financial Performance and Strategy Management Applications 2010 Vendor Shares" 2 - found that SAP leads the worldwide BI market with revenues of $1,866.4 million and a 21-per cent market share, while revenue for FPSM was $629 million, constituting a 24.9-per cent market share. From 2009 to 2010, SAP outperformed the worldwide market growth in each category: for BI tools SAP grew by 19.9 per cent compared to the total market growth of 11.4 per cent, and for FPSM applications it grew by 17.5 per cent compared to the total market growth of 9.2 per cent.

"Our momentum continues to grow as we focus heavily on delivering customer success by executing on our business analytics roadmap, bringing to market new and innovative releases of our BI, EIM, EPM and GRC solutions," said Steve Lucas, General Manager, Business Analytics, SAP.

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