Briefs

SAN MATEO, Calif. - July 21, 2003 - A recent report by leading IT market research and advisory firm, IDC, recognizes Siebel Systems as the market share leader in the rapidly growing customer analytic applications market.1 Siebel Systems captured 15.4 percent ($122.6 million) of the worldwide market for these applications in 2002, up from a 5.5 percent share in 2001. IDC expects customer analytics to be the fastest growing analytic applications market over the next five years, increasing at a 12.9 percent compound annual growth rate to over $1.4 billion by 2007. In addition to market leadership, Siebel Systems is recognized by IDC as the fastest growing major analytic applications provider in the industry, with revenue growth of 230 percent in 2002.

Here is the press release from Siebel.