Leading industry analyst firm, IDC, has named Oracle as the leader in the Business Analytics Software market based on 2011 software revenue. IDC's report, Worldwide Business Analytics Software 2012-2016 Forecast and 2011 Vendor Shares* highlights that:
Oracle is #1 in IDC's worldwide Business Analytics Software market report for 2011 with 19.3 percent market share based on total software revenue*
With 17.8 percent growth from 2010 to 2011, Oracle exceeded both the industry average (14.1 percent) and the growth rates of its closest competitors
In addition to its position as market leader in Business Analytics software, Oracle holds the largest market share (42.0 percent) in Data Warehouse Management software market for 2011
IDC defines the Business Analytics software market as the combination of the data warehouse (DW) platform software with business intelligence (BI), performance management, analytic applications and analytic tools.
* Source: IDC, "Worldwide Business Analytics Software 2012-2016 Forecast and 2011 Vendor Shares," By Dan Vesset, Brian McDonough, Mary Wardley and David Schubmehl, June 2012, IDC #235494.