06.11.2006
In a series of news releases underscoring the business value it is delivering with the SAP NetWeaver platform, SAP AG announced that independent research firm IDC named SAP as the leader in the worldwide analytic applications market, a segment of the overall business analytics market, by revenue.
In its report, entitled “Worldwide Business Analytics Software 2006 – 2010 Forecast and 2005 Vendor Shares”, IDC found that in 2005, the worldwide business analytics market grew at a rate of 11 percent to reach $16.6 billion in revenue. SAP’s business analytic applications revenue grew faster than the overall market, at a rate of 13.4 percent. To further extend its leadership in the analytic applications segment of this market, SAP also announced general availability of more than
100 analytic composites in the SAP xApp Analytics composite application – software built on the SAP NetWeaver platform that has proven to deploy quickly and seamlessly for early customers. “Business analytics (BA) is moving beyond traditional business intelligence that improves data capture and information delivery,” said Kathleen Wilhide, research director, IDC. “What is required are analytic applications that support business process improvements such as the introduction of new products, pricing changes, or workforce and inventory optimization, among others. IDC expects a trend towards integrating day-to-day processes with analytics that enhance decision support, a concept IDC calls intelligent process automation (IPA).”
SAP software for analytics delivers critical business insight to improve core horizontal and industry-specific business processes and includes the following:
Designed to evolve the way information workers leverage software, feeding timely and actionable insight into their daily work, SAP xApp Analytics is a model-driven composite application built on the SAP NetWeaver platform. SAP xApp Analytics delivers analytics, as part of mySAP Business Suite applications, augmenting their analytic functionality and providing embedded support for core business processes. SAP continues to extend its leadership in the analytics applications market by doing the following:
“As a long-time SAP NetWeaver Business Intelligence customer, we have been successfully leveraging the Web application designer and enterprise portal technology to build our own analytic applications to understand the performance of the business with key metrics, identify new growth opportunities for the company, evaluate areas for improvement and make immediate business decisions based on this critical insight,” said Mike Masciandaro, Business Intelligence Director, Rohm and Haas. “With SAP xApp Analytics, we are looking to take this foundation to the next level. The seamless integration of analytic composites with our applications and more importantly to other non-SAP based sources will ensure that we continue to leverage our existing investments while enabling us to take advantage of new innovations from SAP.”
“Customers have demanded a new approach to analytics – an approach that delivers real-time actionable insight at the time and place needed, built into daily business processes instead of bolted-on,” said Sanjay Poonen, senior vice president and general manager, analytics, SAP. “Only through this approach can information workers make timely business decisions that align with the strategic objectives of the business. The SAP xApp Analytics composite application delivers on this requirement, while also providing the historical viewpoint of traditional analytical offerings. With the announcement, SAP extends its leadership in the analytic applications market by delivering more than 100 analytic composites, empowering information workers with innovative new ways to make better business decisions.”
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