Published:
SAP and Business Objects Reported by Analyst Firm as Market Leader in Two Major Segments of Enterprise Performance Management
SAN JOSE, Calif. andPARIS, Nov. 19 /PRNewswire-FirstCall/ -- SAP
(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.
IDC attributes SAP and Business Objects' leadership to the following
factors: "SAP continues to see strength in sales of its performance management
applications across a diverse set of business processes. In addition, Business
Objects showed continued strength in growing its business intelligence tools
revenue in 2007. The company, acquired by SAP in the past year, contributed a
significant install base, broad product portfolio, strong brand recognition
and experienced development and marketing resources. Business Objects will
expand SAP's diversity and offers improved reach into the small and
medium-sized business market segment with its Crystal Reports(R) software."
"It is gratifying to see that SAP and Business Objects' vision and
execution have been validated by our customers, partners and one of the
leading industry analyst firms," said Sanjay Poonen, general manager and
senior vice president, Performance Optimization Applications, Business
Objects. "We have experienced rapid growth in the EPM market, catapulting us
to the top position in the market, over competitors with outdated products.
Our EPM portfolio expands beyond finance to provide end-to-end performance
management capabilities across the organization to ensure both profitable and
compliant business performance. SAP and Business Objects' diversity of EPM
offerings -- combined with the leading business intelligence and governance,
risk and compliance solutions, all with more modern, user-centric application
design -- puts us ahead of traditional vendors who possess harder-to-use,
incomplete EPM solutions."
(1) Worldwide Business Analytics Software 2008 - 2012 Forecast and 2007
Vendor Shares, IDC #214904, November 2008
About Business Objects
Business Objects, an SAP company, transforms the way the world works by
connecting people, information and businesses. With open, heterogeneous
applications in the areas of governance, risk and compliance; enterprise
performance management; and business intelligence, Business Objects enables
organizations of all sizes worldwide to close the gap between business
strategy and execution. Together with a strong and diverse partner network,
Business Objects allows customers to optimize business performance across all
major industries including banking, retail, consumer-packaged goods and public
sector. Business Objects is committed to helping customers turn raw data into
actionable decisions, regardless of their underlying database, operating
system, applications or IT system.
For more information about Business Objects, visit:
http://www.businessobjects.com.
For more information about SAP, visit: http://www.sap.com.
Any statements contained in this document that are not historical facts
are forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as "anticipate," "believe,"
"estimate," "expect," "forecast," "intend," "may," "plan," "project,"
"predict," "should" and "will" and similar expressions as they relate to SAP
are intended to identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and uncertainties that
could cause actual results to differ materially from expectations. The factors
that could affect SAP's future financial results are discussed more fully in
SAP's filings with the U.S. Securities and Exchange Commission ("SEC"),
including SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of their dates.
Copyright (C) 2008 SAP AG. All rights reserved.
SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP
products and services mentioned herein as well as their respective logos are
trademarks or registered trademarks of SAP AG inGermany and in several other
countries all over the world. Business Objects and the Business Objects logo,
BusinessObjects, Crystal Reports, Crystal Decisions, Web Intelligence,
Xcelsius and other Business Objects products and services mentioned herein as
well as their respective logos are trademarks or registered trademarks of
Business Objects S.A. inthe United States and in several other countries. All
other names mentioned herein may be trademarks of their respective owners.
All other product and service names mentioned are the trademarks of their
respective companies. Data contained in this document serve informational
purposes only. National product specifications may vary.
For customers interested in learning more about Business Objects
products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Scott Behles, SAP, +1 (917) 494-2009, scott.behles@sap.com, EST
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EST;
press@sap.com
Janina Buchholz, Burson-Marsteller, + 1 415-591-4081,
janina.buchholz@bm.com, PST
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