SAP has been named the overall market share leader in the worldwide business intelligence (BI) market, which spans BI platforms, corporate performance management (CPM) suites, analytic applications and performance management. According to the April 2012 report issued by Gartner, Market Share: All Software Markets, Worldwide, 2011, SAP ranks No. 1 with 23.6% share of the worldwide market based on revenue for 2011, reflecting a 19.5% growth from 2010.
“Our portfolio represents the future of analytics with real-time, mobile and social capabilities that give business users access to information so they can make better-informed decisions that leads to improved financial and operational performance. It is great to see recognition of our leadership in the BI, CPM, analytic applications and performance management markets from Gartner,” said John Schweitzer, Senior Vice President and General Manager, Analytics, SAP.
SAP has invested in the analytics space and has added to its portfolio, SAP BusinessObjects Predictive Analysis software which aims to provide the companies with the ability to improve decision-making by predicting future outcomes. Additionally, the SAP BusinessObjects Planning and Consolidation application version for SAP NetWeaver, powered by the SAP HANA platform aims to help customers run better by accelerating planning, streamlining financial reporting processes and reducing risk.