As Business Portals Become New Desktop for Web-connected Professionals, Portal Software Market Will Reach $2 Billion by 2003, Says Delphi Group Research.Business/Technology Editors NOTE TO MEDIA: Photo is available in a Smart News Release(TM) on Business Wire's Home Page at www.businesswire.com and at www.newstream.com BOSTON--(BUSINESS WIRE)--May 16, 2001 Verity ver·i·ty n. pl. ver·i·ties 1. The quality or condition of being true, factual, or real. 2. Something, such as a statement, principle, or belief, that is true, especially an enduring truth: , Plumtree Software Plumtree Software was founded in 1996 by product managers and engineers from Oracle and Informix. The company was headquartered in San Francisco, California. Plumtree was founded on the premise that the technology used to build the World Wide Web could support new kinds of Are Segment Leaders in 2000 In its most recent business portal research, market advisor Delphi Group reports that the business portal software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. market topped $405M in 2000, an increase of 128% compared to 1999. "Delphi Group expects this rapid growth to continue over the next three years. We project that the portal software segment will reach $1.9 billion in 2003, a 69% compound annual growth rate for the four-year period." explains Hadley Had·ley , Henry Kimball 1871-1937. American composer and conductor whose romantic works include operas, such as Bianca (1918), symphonies, and chamber music. Reynolds, Delphi's Director of Research. "Driving the growth is Global 2000 firms' adoption of business portal interfaces as the predominant pre·dom·i·nant adj. 1. Having greatest ascendancy, importance, influence, authority, or force. See Synonyms at dominant. 2. desktop for Web-connected professionals." Portal Software Market Growth: 1998-2003 Since 1998, Delphi has watched the market for business portal software expand by a factor of 10x. "By the close of this year (2001), we forecast that the portal software market will reach US$737M, an overall increase of 82% over 2000," observes Reynolds. Market Leaders in the Early Going Delphi's research identified three generic categories of business portal software: Infrastructure - components of functionality for portal projects; Applications - pre-integrated packages that deliver much of a complete portal application; and portal Platforms - software that incorporates portal infrastructure and applications with other e-Business (Electronic-BUSINESS) Doing business online. The term is often used synonymously with e-commerce, but e-business is more of an umbrella term for having a presence on the Web. software. In 2000, Infrastructure software generated 52% of total portal software market revenue. Applications followed with 46%. Portal Platform software products, which only began to be marketed in the closing months of 2000, accounted for just 2% of overall market revenue. "Over the next few years," says Reynolds, "the platform segment should show the highest growth of the three, reaching 42% of market revenue by 2003." Overall, Delphi Group identifies 43 companies as participants in the portal software market. During the rapid growth of the past two years, a handful of companies have distinguished themselves as revenue leaders in their respective segments. Verity topped the group of Infrastructure software providers with 11.2% market share. Plumtree Software led in the Portal Applications segment with 12.8% market share. Portal Software Segment Leaders: 2000 Portal Application Leaders Portal Infrastructure Leaders Five significant enterprise software players (IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , iPlanet (Sun), Oracle, SAP and Sybase) delivered Portal Platform products during 2000. "These platform offerings were largely incomplete during 2000," notes Reynolds, "making it impossible for Delphi to provide a meaningful ranking of the offerings at this time." About Delphi Group Delphi Group (www.delphigroup.com) is the leading provider of business advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal that illuminate il·lu·mi·nate v. il·lu·mi·nat·ed, il·lu·mi·nat·ing, il·lu·mi·nates v.tr. 1. To provide or brighten with light. 2. To decorate or hang with lights. 3. the value proposition of technology in digital business practice. Delphi Group's market advisory services, consulting, research, and community-building educational events worldwide have assisted more than 20,000 professionals in the Global 2000. Delphi market research is available on the World Wide Web at www.delphiweb.com. Contact Delphi Client Services at (617) 247-1025 or 800- 575-3367 to subscribe. Note: A Photo is at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.051601/bb5 http://www.businesswire.com/cgi-bin/photo.cgi?pw.051601/bb5a http://www.businesswire.com/cgi-bin/photo.cgi?pw.051601/bb5b |
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