Worldwide Business Performance Management and Financial Analytic Applications 2005-2009 Forecast and 2004 Vendor Shares

This IDC study provides the market sizing for the worldwide financial and business performance management (BPM) software market in 2004 and the 2005–2009 forecast for this market. Market trends are provided along with future market outlook and guidance to financial/BPM software vendors.

"The BPM analytic applications market performance exceeded expectations in 2004, and double-digit growth is expected to continue," says Kathleen Wilhide, research director, Compliance and BPM solutions, IDC. "Information transparency and performance management initiatives are a top priority from both a business and IT standpoint, and they will play an increasingly important role in enterprisewide transformation initiatives that reduce information silos and optimize performance management processes."