SAP leads global market
business intelligence (BI) market, which spans BI platforms, corporate performance management (CPM) suites, analytic applications and performance management, The International Business Times reports.
According to the April 2012 report, titled “Market Share: All Software Markets, Worldwide, 2011”, issued by IT research and advisory firm Gartner, SAP ranks number one with a 23.6% share of the worldwide market based on revenue for 2011, reflecting a 19.5% growth from 2010.
SAP is followed by Oracle, SAS Institute, IBM and Microsoft. “It is great to see recognition of our leadership in the BI, CPM, analytic applications and performance management markets from Gartner,” said John Schweitzer, senior VP and GM, analytics, at SAP.
SAP has invested in the analytics space and has made several advancements to its portfolio, such as SAP BusinessObjects Predictive Analysis software, which aims to empower companies with the ability to improve decision-making by predicting future outcomes, Market Watch writes.
Additionally, the SAP BusinessObjects Planning and Consolidation application, version for SAP NetWeaver, powered by the SAP HANA platform, aims to help customers run better by accelerating planning, streamlining financial reporting processes and reducing risk.
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