| KDnuggets : News : 2009 : n16 : item40 | |
BriefsFICO Leads Analytics Applications SectorLeading analytics provider tops category for fourth consecutive year FICO (NYSE:FICO), the leading provider of analytics and decision management technology, announced today that it once again ranked number one in worldwide market share for a critical category of analytics applications, according to a newly published report from technology analyst firm IDC.1 FICO dominated the category for the fourth year in a row with a 24.4% market share, more than three times as much as the nearest competitor. Entitled "Worldwide Supply Chain, Production Planning, Services Operations and Workforce Analytics Applications 2008 Vendor Shares," the IDC report examines the financial performance of business analytics providers across multiple categories for the period from 2006 to 2008. The services operations segment of the market, which FICO led, includes applications that automate tasks related to repeatable business processes in specific service industries. FICO’s ranking is based upon calendar 2008 license and maintenance revenue for the company’s Decision Management Applications. "Service industries are experiencing unprecedented economic pressure to increase efficiencies and reduce costs," said Jane Johnson, vice president at FICO. " FICO has maintained a commanding lead in analytics applications for this critical category, and for good reason: we possess deep understanding of our clients’ requirements, and deliver the value they require to succeed." According to IDC, the combined market for supply chain, production planning, services operations and workforce management analytics reached $4.3 billion in 2008. The services operations segment that FICO led accounted for approximately $1.3 billion of that total. Read more. |
| KDnuggets : News : 2009 : n16 : item40 | |
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