Business Objects Again Recognized as the Worldwide Revenue Leader in Business Intelligence by Leading Industry Analyst Firm.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. & PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. -- Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA ) (Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange. ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. code: FR0004026250 - BOB) today announced that it has once again been named the revenue leader of the business intelligence (BI) market, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the 2004 market share numbers issued last week by IDC. With a growth rate of 14% in 2004, Business Objects now owns a 17.3% share of the business intelligence software tools market. The IDC report, "Worldwide Business Intelligence 2004 Vendor Shares," combines software license and maintenance revenue data from query, reporting, and analysis tools; data mining software; and packaged data mart A subset of a data warehouse for a single department or function. A data mart may have tens of gigabytes of data rather than hundreds of gigabytes for the entire enterprise. See data warehouse. and data warehouse software products. In the report, IDC notes that in 2004, the BI market grew 11% to reach $4.3 billion in worldwide software revenues. Business Objects commanded the top market share, based on 2004 software license and maintenance revenues of $737 million. This represents a software revenue lead of more than 40% over the next closest vendor. Moreover, in end-user query, reporting, and analysis tools, the largest segment of the BI market, Business Objects captured more than 21% of the market. This represents a market share that is nearly the same size as the next two largest vendors combined. "Business Objects continues as the number one vendor in the business intelligence market," said Dan Vesset, research director at IDC. "IDC expects the healthy demand for business intelligence to continue, and the breadth of functionality in the Business Objects platform should help it remain the vendor to beat in this market for the foreseeable future." "With 17.3 percent market share, Business Objects is clearly the gorilla of the BI market," said Rene Bonvanie, chief marketing officer at Business Objects. "By offering the industry's strongest and most complete BI platform, the largest partner network, and an unmatched R&D team focused on game-changing innovation, we are making life very difficult on Cognos and our other competitors. It is no surprise organizations of all sizes continue to turn to Business Objects for their business intelligence needs -- they know they are getting the world's strongest BI platform and making an investment that will deliver innovations and value for years to come." About Business Objects Business Objects is the world's leading business intelligence (BI) software company. With more than 30,000 customers worldwide, including over 80 percent of the Fortune 500, Business Objects helps organizations gain better insight into their business, improve decision making, and optimize enterprise performance. The company's business intelligence platform, BusinessObjects(TM) XI, offers the BI industry's most advanced and complete platform for reporting, query and analysis, performance management, and data integration. BusinessObjects XI includes Crystal Reports(R), the industry standard for enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. . Business Objects has built the industry's strongest and most diverse partner community, and also offers consulting and education services to help customers effectively deploy their business intelligence projects. Business Objects has dual headquarters in San Jose, Calif., and Paris, France. The company's stock is traded on both the Nasdaq (BOBJ) and Euronext Paris (ISIN: FR0004026250 - BOB) stock exchanges. More information about Business Objects can be found at www.businessobjects.com. Business Objects and the Business Objects logo, BusinessObjects, WebIntelligence, Crystal Reports, Crystal Enterprise, Crystal Analysis, RapidMarts, and BusinessQuery are trademarks or registered trademarks of Business Objects S.A. or its affiliated companies Affiliated Companies A situation that occurs when one company owns a minority interest (less than 50%) in another company. Also refers to companies that are related to each other in some way. Notes: An affiliated company is sometimes referred to as a subsidiary. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and/or other countries. All other names mentioned herein may be trademarks of their respective owners. |
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