WALLDORF, Germany, April 6, 2012 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced it 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 Inc., "Market Share: All Software Markets, Worldwide, 2011," SAP ranks No. 1 with 23.6 percent share of the worldwide market based on revenue for 2011, reflecting a 19.5 percent growth from 2010.(1)
"We believe our performance, which is ahead of the market growth rate, demonstrates how customers look to SAP as a trusted business partner empowering them to better know their business, make confident, data- driven decisions and then take action," said John Schweitzer, senior vice president and general manager, Analytics, SAP. "It is great to see recognition of our leadership in the BI, CPM, analytic applications and performance management markets from Gartner. 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 improve financial and operational performance."
SAP offers a comprehensive analytics portfolio that helps companies better understand their business and act boldly. In another year of solid growth, SAP has invested in the analytics space and has made several advancements to its portfolio, such as SAP® BusinessObjects™ Predictive Analysis software, which aims to empower 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. Analytic applications from SAP address industry- and line-of-business-specific needs and can be deployed quickly to provide the insight, analysis and best practices required to better understand key performance indicators, uncover opportunities and make the right decisions.