Market intelligence firm IDC has ranked SAP as the market leader in performance management and analytic applications, based on software license and maintenance revenue.
The aggregate performance management and analytic applications market includes financial performance and strategy management (FPSM), and analytic applications including customer relationship management (CRM), supply chain, workforce, and service operations analytics.
This market, which SAP terms enterprise performance management (EPM), represents $8.37 billion out of the total $24.1 billion business analytics software market. The market analysis, titled “Worldwide Business Analytics Software 2009–2013 Forecast and 2008 Vendor Shares,” found that SAP leads in the performance management and analytic applications market, with a 20.3 percent share of the market.
The IDC report also shows that year-over-year growth rate in this market segment for SAP was 13.9 percent — higher than the growth rate for the next five competitors, as well as the market as a whole, which grew 8.9 percent.
Further, IDC states in “Worldwide Financial Performance and Strategy Management 2008 Vendor Shares: Market Consolidation Drives Domination” that SAP now has a 23.7 percent of the FPSM market. According to the report, SAP experienced 28.4 percent year-over-year market growth in FPSM, which was double the overall FPSM market growth rate of 12.2 percent. Overall, SAP was the fastest growing of the top five vendors in the FPSM market for two years in a row.
