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SAS shows "most diversity and highest momentum" among top business analytics vendorsSAS' business analytics revenue grew 13.6 percent in 2005CARY, NC (Oct. 10, 2006) – SAS, the leader in the business intelligence and analytic applications markets, demonstrated “the most diversity and highest momentum” among the top vendors in the business analytics software market in a report issued by a prominent analyst firm. According to IDC’s “Worldwide Business Analytics Software 2006-2010 Forecast and 2005 Vendor Shares” report (Doc # 203468, Sept. 2006), SAS’ sales of business analytics software totaled $1.39 billion in 2005, growing 13.6 percent over the previous year’s figures and giving SAS an 8.4 percent share of the overall market. The authors noted that, of the top ten vendors – SAS, Oracle, IBM, Microsoft, SAP, Business Objects, Cognos, Hyperion Solutions, Teradata and Fair Isaac – “SAS has the most diversity within the [business analytics] software market. SAS has a broad portfolio of products that spans all segments of the market. At the same time it holds one of the top shares in several of the [business analytics] market segments.” "SAS also had the highest market momentum in the business analytics market," said Dan Vesset, Research Director at IDC. "IDC defines momentum as the company's growth rate weighted by company size in revenue. Given its large size ($1.4 billion) in the BA market, SAS still experienced an above-market growth rate of 13.6%." Overall, IDC says the worldwide market for business analytics software, which includes both application development tools and packaged analytic applications, reached $16.6 billion in 2005, an increase of 11.0 percent over 2004. The authors expect the market for business analytics to grow about 10 percent per year through 2010. Today’s news follows two other recent IDC reports demonstrating SAS’ leadership in the market for business intelligence software:
“IDC’s business analytics report further illustrates the advantage that SAS provides to customers today,” said Jim Davis, Senior Vice President and Chief Marketing Officer for SAS. “We supply a wide range of solutions for lines of business as well as specific vertical industries on the SAS Enterprise Intelligence Platform. These solutions work together to integrate individual technology components within an existing IT infrastructure into a single, unified system that transcends organizational silos, diverse computing platforms and niche tools.” For more information on the SAS Enterprise Intelligence Platform, please visit our website. About SASSAS is the leader in business intelligence software and services. Customers at 40,000 sites use SAS software to improve performance through insight into vast amounts of data, resulting in faster, more accurate business decisions; more profitable relationships with customers and suppliers; compliance with governmental regulations; research breakthroughs; and better products. Only SAS offers leading data integration, intelligence storage, advanced analytics and business intelligence applications within a comprehensive enterprise intelligence platform. Since 1976, SAS has been giving customers around the world The Power to Know® .Back to Recent SAS Press Releases Copyright © SAS Institute Inc. All Rights Reserved. |
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