Leading Industry Analyst Firm Ranks Oracle's Siebel Applications at Top in Vertical Market Report
November 16 2006 - 8:00AM
PR Newswire (US)
Siebel Ahead of SAP in Vertical Markets REDWOOD SHORES, Calif.,
Nov. 16 /PRNewswire-FirstCall/ -- A recent IDC study, "Americas
Customer Relationship Management Software 2005 Vendor Shares: Top
10 Vendors by Vertical Market," states Oracle's Siebel CRM takes
the revenue lead in financial services, healthcare, manufacturing,
retail and utilities industries. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO ) IDC used
market share positioning for CRM software vendors by using a
vertical segmentation of 2005 revenue. According to the report,
Siebel, whose revenue is presented separate from Oracle for
comparison purposes, clearly dominates the market. The report also
states that IDC expects the manufacturing, communications and
media, and healthcare industries to show the strongest growth in
CRM software over the next five years, with compound annual growth
rates (CAGRs) of 8.1%, 8.0% and 7.2% respectively. IDC continues to
report that firms that have penetrated into these industries will
have the greatest future growth potential in CRM software. "Siebel
maintains the largest share of revenue in five of the eight
vertical industries reported," said IDC Analyst Mary Wardley.
"While Oracle and Siebel are presented separately in this study,
the acquisition of Siebel by Oracle increases the company's
relative strength in each of its first-place industries."(1) About
Oracle Oracle (NasdaqGS: ORCL) is the world's largest enterprise
software company. For more information about Oracle, please visit
our Web site at http://www.oracle.com/. Trademarks Oracle, JD
Edwards, PeopleSoft, and Siebel are registered trademarks of Oracle
Corporation and/or its affiliates. Other names may be trademarks of
their respective owners. (1) IDC "Americas Customer Relationship
Management Software 2005 Vendor Shares: Top 10 Vendors by Vertical
Market," by Noel Stevens and Mary Wardley, November 2006
http://www.newscom.com/cgi-bin/prnh/20020718/ORCLLOGO
http://photoarchive.ap.org/ DATASOURCE: Oracle CONTACT: Susie
Penner of Oracle, +1-650-506-1973 or ; or Devon Corvasce of Zeno
Group, +1-415-297-6430 or , for Oracle Web site:
http://www.oracle.com/
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