Business Objects Named Leading ISV in End-User Query and Reporting Market by IDC; Business Objects Increases Lead Over Competition.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.--(BUSINESS WIRE)--Aug. 7, 1996--Business Objects (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BOBJY), the world's leading provider of integrated query, reporting, and online analytical processing Online Analytical Processing, or OLAP (IPA: /ˈoʊlæp/), is an approach to quickly provide answers to analytical queries that are multidimensional in nature. (OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. ) tools, today announced that International Data Corp., Framingham, Mass., the leading provider of information technology market research, has named Business Objects the leading independent software vendor (ISV (Independent Software Vendor) A person or company that develops software. It implies an organization that specializes in software only and is not part of a computer systems or hardware manufacturer. ) in end-user query and reporting. Based on IDC's recently published worldwide study, "Information Access Tools: 1996 Worldwide Markets and Trends", Business Objects is in the number one revenue position among ISVs in the end-user query and reporting tools market. The IDC study reports, "Business Objects, grew 120% and now leads ISVs with 11% of total worldwide revenue among all vendors. Its next two closest competitors each had less than half the sales of Business Objects." "Our market analysis clearly shows Business Objects to be the number one graphical query and reporting tools revenue earner in 1995," said Clare Gillan, vice president, applications research for IDC. "We see features such as integrated query, reporting, and OLAP becoming requirements in the fast-moving decision support tools market. And we see the multidimensional analysis/OLAP market reaching a record high, exceeding $250 million in 1996 as more mainstream interest builds." IDC's Information Access Tools report finds that in 1995 the worldwide information access tools market grew to $5.6 billion, "largely driven by the maturation and broader acceptance of new generation end-user oriented client/server analysis tools and wide spread data warehouse initiatives." Business Objects generated over $60M in total revenue in 1995, concluding its fifth consecutive year of more than 100% revenue growth. BusinessObjects has been licensed in more than 50 countries to over 3,200 customer sites and 185,000 users worldwide. The company added 90,000 users in 1995 alone. "This report from IDC is a strong validation of our market leadership," said Dave Kellogg, vice president of corporate marketing for Business Objects. "Over the past five years major corporations around the world have deployed BusinessObjects as their preferred tool for end-user query and reporting against data warehouses, packaged applications, and relational databases. Our position as the world leader in query and reporting represents a strong beachhead beach·head n. 1. A position on an enemy shoreline captured by troops in advance of an invading force. 2. A first achievement that opens the way for further developments; a foothold: from which we are expanding with BusinessObjects 4.0." Additional findings of the IDC report include: -0- -IDC predicts the end-user query and reporting market will reach $1.3 billion in the year 2000. - IDC expects the worldwide multidimensional analysis In statistics, econometrics, and related fields, multidimensional analysis is a data analysis process that groups data into two basic categories: data dimensions and measurements. market to reach $476 million in 2000. Copies of the report, "Information Access Tools: 1996 Worldwide Markets and Trends" (IDC Report No.11484) is available from International Data Corporation. Contact Cheryl Toffel at 508/935-4389 or email: ctoffel@idcresearch.com. About IDC International Data Corporation is the world's leading provider of information technology data, analysis, and consulting. With research centers in more than 40 countries and more than 300 research analysts worldwide, IDC is uniquely positioned to provide a global perspective on IT market and technology trends. IDC's subsidiary, IDC/LINK, specializes in the convergence of the information telecommunications, personal computing Refers to users working on their own computers rather than a terminal to a mainframe. Sometimes, the term refers to using computers at home for work and/or entertainment in contrast to business use only. See personal computer. , and electronic entertainment industries. Based in Framingham, Mass., IDC is a subsidiary of International Data Group (IDG IDG International Data Group IDG Integrated Drive Generator IDG Installation Design Guide IDG Internet Discussion Group IDG Inset Dielectric Guide IDG International Dangerous Goods (mail, shipping) ), the world's largest publisher of computer-related information and the leading global provider of information services See Information Systems. on information technology. About Business Objects Business Objects (NASDAQ:BOBJY) is the world's leading supplier of integrated query, reporting, and OLAP tools. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , BusinessObjects, provides mainstream business users with access to information stored in corporate databases, data warehouses, and packaged applications. The company pioneered the market for business-intelligent decision support tools in 1990 by introducing the first product to use a "semantic layer" to map complex database schemas to a business representation understandable by non-technical end users. Business Objects led the overall decision support tools market in 1995 with software license revenues of $48.7M. Business Objects generated over $60M in revenue in 1995, concluding its fifth consecutive year of more than 100% revenue growth. BusinessObjects has been licensed in more than 50 countries to 3,200 customer sites and 185,000 users worldwide. Business Objects partners with more than 350 leading third-party vendors including Arbor Software, Carleton, Hewlett-Packard, Informatica, Informix, 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) , Microsoft, Oracle, PeopleSoft, Prism, Pyramid, Red Brick, SAP, Silicon Graphics, Sun, Sybase, Tandem, and Texas Instruments. Strategic resellers include Bull, Digital, Fujitsu, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers , Price Waterhouse, Sequent, SHL SHL Shift Logical Left SHL Schweizerische Hochschule für Landwirtschaft (German: Swiss College of Agriculture) SHL Southern Hockey League SHL Silver Haired Legislature SHL Single Hidden Layer (neural networks) , Siemens Nixdorf, Toshiba, and Unisys. More information on Business Objects can be found on the World Wide Web at http://www.businessobjects.com. -0- Note to Editors: BusinessObjects is a trademark of Business Objects S.A. Other company and product names may be trademarks of the respective companies with which they are associated. CONTACT: Business Objects Tracy Eiler, 408/953-6031 teiler@busobj.com or Blanc & Otus Jennifer Glass, 415/512-0500 jglass@bando.com |
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