Software AG Owns 40.5% Of The Worldwide Market
Bracknell, UK, 03 June 2001 Software AG is ranked the clear leader in the XML and Virtual Database Management System (DBMS) Market in a report released by leading analyst firm, International Data Corporation (IDC). Software AG's Tamino, the first native XML database, leaps to the top with a 40.5% worldwide market share - doubling its 21% market share in last year's report.
IDC’s XML and Virtual Database Management System Market Forecast and Analysis 2001-2005 discusses the trends in the XML and virtual DBMS market in 2000 as well as the 1998-2000 XML and virtual DBMS software revenue and market shares for leading vendors. A five-year revenue forecast by geographic region and operating environment is also addressed in the report.
“The IDC report validates Software AG's worldwide leadership in the native XML database market and the company's pioneering leadership in the emerging XML technology market,” said Geoff Cooke, Country Manager, Software AG UK. “Since 1999, Software AG has been evangelising XML and its Tamino platform, which includes a multi-award winning native XML database, and it is clearly positioned to be a leading product for eBusiness.”
According to the report, the XML and virtual DBMS market “reflects the growing importance and presence of XML as a vehicle not only for business-to-business (B2B) transaction and content management, but for the encoding of transactional data passed from business function to business function.” The 2001 study raised the 2004 XML revenue forecast to an estimated $1.25 billion whereas its 2000 study estimated the forecast to be $700 million. This clearly indicates a growing awareness and need for XML in the IT-market.
The XML and Virtual Database Management System Market Forecast and Analysis, 2001-2005 report cites:
· In 2000, the worldwide XML and virtual DBMS market exploded by 667.7%, from $10 million in 1999 to $77 million in 2000.
· Software AG's Tamino product took over as leader in 2000 with a 40.5% market share in the worldwide XML and virtual DBMS market followed by products from eXcelon and Computer Associates.
· Tamino continues to dominate in Western Europe with a 67% share of the market, followed by North America where it has 17%. Software AG’s prospects in North America should improve with its recent reacquisition of SAGA Systems, Inc. and its SAGA Software, Inc. subsidiary, now renamed Software AG, Inc.
For more information on XML and Virtual Database Management System Market Forecast and Analysis 2001-2005, go to http://www.idc.com.
eXtensible Markup Language, XML, is an international standard for the interchange and storage of data. XML has a number of unique benefits: it is platform neutral and scalable, thereby providing the assurance that documents and data can be exchanged with absolute confidence. XML is self-describing, which means that data is tagged with a description of its content, making information understandable and useable when exchanged between parties. Finally, data encoded in XML is future proof and will withstand developments in software and hardware over time.
about Software AG
Software AG, Darmstadt, Germany, is Europe’s largest system software provider and a major global player offering cutting edge technology for data management and electronic business. Since 1998 the company has focused its development activities on XML products for the Internet. With some 3,500 employees and representatives in over 70 countries, Software AG expects revenues to exceed euros 600 million in 2001. Its distribution and technology partners include market leaders such as IBM, Microsoft and SCO as well as innovative IT solutions providers like Extensibility, Softquad and Sequoia. Software AG’s products control the central IT processes of thousands of renowned companies worldwide. Some examples of these are Lufthansa, British Sky Broadcasting, ZDF, Dresdner Bank AG, Swiss Post, DaimlerChrysler, Deutsche Bahn AG (German Rail), BP and VIAG Interkom. Software AG is listed on the Frankfurt Stock Exchange (MDAX, Security identification number 724264 / SOWGn.F). Software AG’s UK offices are located in Bracknell and Derby. More information at http://www.softwareag.co.uk
For more information on Software AG, please contact:
Tel: 01344 403 800
Richard Bennett/Tamsin Keynton
Tel: +44 (0)1962 888100
Fax: +44 (0)1962 888125
This press release was distributed by ResponseSource Press Release Wire on behalf of MCC International Ltd in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.