SAP Ranked Leader in Business Intelligence Tools Market, Outpaces Market Growth for Financial Performance and Strategy Management Applications
SAP NEWSBYTE - - SAP AG (NYSE: SAP) today announced that IDC has found SAP to be the leader in the worldwide business intelligence (BI) tools market based on software license 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 percent market share, while revenue for FPSM was $629 million constituting a 24.9 percent market share. From 2009 to 2010 SAP outperformed the worldwide market growth in each category: for BI tools SAP grew by 19.9 percent compared to the total market growth of 11.4 percent, and for FPSM applications it grew by 17.5 percent compared to the total market growth of 9.2 percent.
“Our momentum continues to grow as we focus heavily on delivering customer success by executing on our business analytics road map, bringing to market new and innovative releases of our BI, EIM, EPM and GRC solutions,” said Steve Lucas, general manager, Business Analytics, SAP.
BI and FPSM solutions are part of IDC’s taxonomy for the overall business analytics market. For more information on business analytics solutions from SAP, visit the Business Analytics newsroom.
1 IDC, Worldwide Business Intelligence Tools 2010 Vendor Shares, Doc #228442, June 2010
2 IDC, Worldwide Financial Performance and Strategy Management Applications 2010 Vendor Shares, Doc #228462, June 2010
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