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Business Objects Again Recognised as the Worldwide Business Intelligence Market Leader |
SAN JOSE, Calif. & PARIS - June 29, 2007 --Business Objects (Nasdaq:BOBJ) (Euronext Paris ISIN code: FR0004026250 - BOB), today announced that it has once again been named the business intelligence (BI) market share leader, according to the 2006 market share numbers issued this week 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% 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."
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 44,000 organizations around the globe. Through a combination of innovative technology, global consulting and education services, and the industry’s strongest and most diverse partner network, Business Objects enables companies of all sizes to make transformative business decisions based on intelligent, accurate, and timely information. More information about Business Objects can be found at www.businessobjects.com.
The Business Objects logo and BusinessObjects are trademarks or registered trademarks of Business Objects in the United States and/or other countries. All other names mentioned herein may be trademarks of their respective owners.
About DSCallards
Established in 1993, DSCallards brings together and harnesses the power of the world’s leading technologies to bring added value to organisations that include Britvic Soft Drinks Ltd, Geotechnical Instruments, Kellogg Company, N M Rothschild & Sons Ltd, Southampton City Council, Swansea Institute of Higher Education, Virgin Media and Zurich Financial Services. In addition, DSCallards is a specialist development resource, providing developers and businesses with advanced software technologies, an exclusive portfolio of training and consulting services and an application development capability. For more information, visit DSCallards at www.dscallards.com.
If you require further information, please call us free on 0800 652 4050