Briefs

SAN JOSE, Calif.--(BUSINESS WIRE)--July 8, 2004--Business Objects (Nasdaq:BOBJ), today announced that it has been named the leader of the business intelligence (BI) tools market, according to the 2003 market share numbers issued last week by IDC. In addition to owning the top market share, Business Objects was recognized as one of the fastest growing business intelligence vendors, with a growth rate of nearly 17%.

The IDC report, "Worldwide Business Intelligence Tools Forecast and Analysis, 2003 - 2008," combines software license and maintenance revenue data from query, reporting, and analysis tools; data mining software; and packaged data mart and data warehouse products. In the report, IDC notes that in 2003, the BI market grew to $3.9 billion worldwide. Business Objects commanded the top market share with 16.5%, based on 2003 revenues of $639.4 million. In the largest segment of the BI tools market, end-user query, reporting, and analysis, Business Objects captured over 20% of the market. This represents a market share that is almost double that of the next largest competitor.

For more information, see http://biz.yahoo.com/bw/040708/85227_1.html