Monday, November 06, 2006
SAP United States - Independent Research Firm Names SAP Revenue Leader for Analytic Applications
SAP United States - Independent Research Firm Names SAP Revenue Leader for Analytic Applications: "In a series of news releases1 underscoring the business value it is delivering with the SAP NetWeaver® platform, SAP AG (NYSE: SAP) today announced that independent research firm IDC named SAP as the leader in the worldwide analytic applications market, a segment of the overall business analytics market, by revenue. In its report, entitled “Worldwide Business Analytics Software 2006 – 2010 Forecast and 2005 Vendor Shares” (Doc #203468, Sep 2006), IDC found that in 2005, the worldwide business analytics market grew at a rate of 11 percent to reach $16.6 billion in revenue. SAP’s business analytic applications revenue grew faster than the overall market, at a rate of 13.4 percent. To further extend its leadership in the analytic applications segment of this market, SAP today also announced general availability of more than 100 analytic composites in the SAP® xApp™ Analytics composite application—software built on the SAP NetWeaver platform that has proven to deploy quickly and seamlessly for early customers."