Oracle today announced that analyst firm International Data Corporation (IDC) has determined that Oracle is the leading vendor (based on 2003 revenues) for the Business Analytics software market. According to IDC's recent report, "Worldwide Business Analytics Software 2004-2008 Forecast and 2003 Vendor Share," Oracle is the leader for business analytics software with 12.3 percent market share and revenues of $1.6 billion for 2003. Oracle's 9.6 percent growth rate from 2002 to 2003 exceeded the market growth rate by 1.1 percent. The combination of its size and strong year-over-year revenue growth in business analytics also give Oracle the highest momentum of any vendor in the market, according to IDC. Overall, IDC estimates that the business analytics market grew by 8.5 percent in 2003 and to $13.4 billion in revenues. IDC's defines the business analytics software market as comprising tools and applications for tracking, storing, analyzing, modeling, and presenting data in supporting or automating decision-making processes. This IDC report measures both application development tools and packaged analytic applications. The report highlights are available at: http://www.oracle.com/database/feature_db_idcanalytics.html . "Based on our projections, the business analytics market is poised for strong growth leading to a $18.8 billion market in 2008," said Henry Morris, Group Vice President for Applications and Information Access software research, IDC. "Oracle is the clear market share leader, providing a full spectrum of operational, tactical and strategic, reporting and analysis software with both historical analysis and predictive functionality." Offering a complete set of analytic applications and BI tools With a comprehensive portfolio of integrated business analytics software, Oracle is uniquely positioned to assist customers to address traditional BI initiatives such as information access and delivery as well as decision process automation and Corporate Performance Management (CPM) initiatives. For additional information about Oracle BI and CPM offerings, visit: http://www.oracle.com/solutions/business_intelligence/index.html . Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at http://www.oracle.com/ .