The OLAP Report announces that it has published details of the 2004 OLAP Market Shares (www.olapreport.com). The study reveals that the online analytical processing (OLAP) market has recorded its best growth since the downturn in 2000, to become a market worth $4.3bn. Despite the maturity of the market, the OLAP market continued to expand faster than most other enterprise software sectors.
Nigel Pendse, leading OLAP and Business Intelligence analyst and author of the study comments: "Despite the consolidation in 2003, the market still remains relatively fragmented, with three of the top five vendors losing net market share in 2004, and the other two making modest gains. As the market matures, growth normally slows due to a degree of market saturation, but the 15.7 percent growth rate of 2004 demonstrates that sales of OLAP products are accelerating."
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