By Nathan Luck
IDC has named SAP the leader in the global BI tools market based on software license and maintenance revenue, reporting the company has grown faster than the worldwide market for financial performance and strategy management (FPSM) applications for the fifth consecutive year.
On the result, Steve Lucas, general manager, Business Analytics, SAP, said, “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.”
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 pe rcent market share, according to the two IDC analyses – Worldwide Business Intelligence Tools 2010 Vendor Shares and Worldwide Financial Performance and Strategy Management Applications 2010 Vendor Shares.
For the period 2009 to 2010, SAP outperformed the worldwide market growth in each category, expanding by 19.9 per cent compared to the total market growth of 11.4 per cent in BI tools, and 17.5 per cent compared to the total market growth of 9.2 per cent for FPSM applications.