Business Objects announced that it has once again been named the business intelligence (BI) market-share leader, according to the 2006 market share numbers issued by IDC. With 2006 BI software license and maintenance revenues of $893.6 million, Business Objects owns a 14 percent share of the business intelligence software tools market.
The IDC report, "Worldwide Business Intelligence 2006 Vendor Shares (June 2007, #207422)," combines software license and maintenance revenue data from query, reporting, and analysis tools, as well as advanced analytics software. In the report, IDC notes that in 2006, the BI market grew 11.5 percent to reach $6.25 billion in worldwide software revenues. In addition, IDC reported that Business Objects BI tools revenue is now 30 percent larger than the next closest vendor. Business Objects also continues to lead the end-user query, reporting, and analysis tools category, the largest segment of the BI market, capturing nearly 18 percent of that market.
"This marks the seventh year that IDC's published report identifies Business Objects as the software revenue market leader in Business Intelligence," said Dan Vesset, vice president of Business Analytics research at IDC. "Our latest information on the uptake of the BusinessObjects XI platform suggests a pickup in growth in the latter part of 2006 and early 2007. Business Objects is also making an aggressive push into the mid-market where it targets organizations with less than $1 billion in revenue."
"Business Objects has been on top of the business intelligence market for more than a decade now," said John Schwarz, chief executive officer at Business Objects. "Over the years, the landscape may have changed, but the leader has remained consistent. Through continuous innovation and strong execution of our vision, Business Objects has set a high standard within the industry for what a complete BI platform must deliver to customers. Companies around the world use the BusinessObjects XI platform as a mission-critical component in their Business utilizing the insight it provides to transform the way they work and accelerate their business performance."
For more information on the BusinessObjects XI platform, please visit BusinessObjects XI.
About Business Objects
Business Objects has been a pioneer in business intelligence (BI) since the dawn of the category. Today, as the world's leading BI software company, Business Objects transforms the way the world works through intelligent information. The company helps illuminate understanding and decision-making at more than 43,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and one of the industry's strongest and most diverse partner networks, Business Objects helps enable companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information.
Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at Business Objects.
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