SAP is Market Share Leader for Performance Management Applications and Business Objects for Performance Management Tools
SAN JOSE, Calif. and PARIS — SAP AG (NYSE: SAP) and Business Objects, an SAP company, today announced that IDC has reported that each leads in one of the two major segments of the Performance Management Tools and Applications market based on software license and maintenance revenue. The aggregate Performance Management market represents $15.4 billion out of the total $22.1 billion Business Analytics Software market.
The market analysis, titled “Worldwide Business Analytics Software 2008–2012 Forecast and 2007 Vendor Shares,” found that SAP leads in performance management applications and Business Objects leads in the performance management tools market.1 Together these two segments comprise the broad market for performance management tools and applications.
“The IDC data presented in our 2008 business analytics report finds that SAP and Business Objects each lead a major segment of the performance management market,” said Dan Vesset, vice president, Business Analytics Solutions, IDC. “The two companies have come together and are balancing the goals of remaining open for non-SAP customers while optimizing their solutions for the SAP platform. This openness and ability to satisfy all customers—along with the breadth of Business Objects and SAP’s enterprise performance management solutions—are catalysts for continued market growth.”
According to the IDC report, which evaluated the two companies separately in 2007 because they had not yet merged, SAP and Business Objects held 11.2 percent and 7.6 percent respectively of the total 2007 market share for performance management tools and applications. The report also found that SAP’s share of the performance management tools and application market grew at 19.3 percent, higher than the market as a whole.