Briefs

In 2008, Oracle led the overall market, followed in order by SAP, IBM, SAS and Microsoft, a recent IDC report says. Rounding out the top 10 were Teradata, Fair Isaac, Informatica, Infor and MicroStrategy, respectively.

intelligententerprise.com, By Antone Gonsalves, August 24, 2009

The business analytics market grew by 10% in 2008 with Oracle having the largest share in terms of revenue, a market research firm said. Over the next five years, sales are expected to continue to rise at a compound annual growth rate of 7.2%.

From 2009 through 2013, business analytics sales will be driven by corporations' need for decision support to assist in cost cutting, customer acquisition and retention, and compliance processes, according to a recent report co-authored by analysts DanVesset, Mary Wardley and Brian McDonough.

In 2008, Oracle led the overall market, followed in order by SAP, IBM, SAS and Microsoft, the report said. Rounding out the top 10 were Teradata, Fair Isaac, Informatica, Infor and MicroStrategy, respectively.

IDC divides the business analytics software market into four primary segments: analytic applications, business intelligence tools, data warehousing platform software and spatial information analytics tools. In taking a look at the top 10 vendors, Oracle is present in all market segments with a broad portfolio of business intelligence tools, analytic applications and data warehousing software. As a result, Oracle has the highest diversity of offerings.

Read more.