ILOG Named as Business Rule Management Systems Market Leader by Leading Market Research Firm
29 October 2008 - 4:00PM
PR Newswire (US)
ILOG is Sole Vendor in 'Star' Status Quadrant in New Research
Report ORLANDO, Fla., Oct. 29 /PRNewswire-FirstCall/ --
INTERNATIONAL BUSINESS RULES FORUM -- ILOG(R)
(NASDAQ:ILOGNASDAQ:Euronext:NASDAQ:ILONASDAQ:ISIN:NASDAQ:FR0004042364)
today announced that it has been designated by International Data
Corporation (IDC) as the Business Rule Management Systems (BRMS)
market leader in the October 2008 report "Worldwide Business Rules
Management Systems 2008 -- 2012 Forecast and 2007 Vendor Shares"
(Doc #214643E). ILOG is the sole vendor residing in the "star"
status quadrant which identifies vendors with both high market
share and high growth. IDC's study found that the worldwide BRMS
market enjoyed healthy growth with revenues increasing 11.4 percent
from 2006 to 2007 for an industry-wide total of $260.8 million in
annual license and maintenance revenue. ILOG outpaced the overall
market growth with a 19.9 percent increase in BRMS revenues in
2007. According to the report, there are a number of positive signs
that will lead to a doubling of industry revenues by 2012,
including increasing demand for BRMS as a consequence of IT
governance, risk management, and compliance initiatives. "ILOG's
success is due to several factors," said Stephen D. Hendrick, group
vice president for application development and deployment at IDC.
"First, BRMS is a primary product focus of ILOG as a company. This
is not true for the other leading vendors. Second, ILOG has a
sizable and rapidly growing services business which ensures
customer success and satisfaction with ILOG's products. Third, ILOG
is a French company which gives them a local advantage in Europe,
where it has established a dominant position supported in part by
the lack of execution by the other leading vendors. ILOG's clear
leadership in Europe and worldwide leadership should position ILOG
as a preferred vendor for the smaller but high growth Asia Pacific
markets." The IDC study examines the business rule management
systems market for the period from 2005 to 2012, with vendor
revenue trends and market growth forecasts. Worldwide market sizing
is provided for 2007, with trends from 2006. The study includes a
five-year growth forecast for this market for 2008 -- 2012 as well
as revenue and market share of the leading vendors for 2007. The
study also provides profiles of leading vendors and identifies the
characteristics that vendors will need to be successful in the
future. ILOG has consistently built on its history of product
innovation to make it one of the industry's leading providers of
business rule management systems software. Customers of ILOG's
award-winning BRMS products include eBay, Equifax, Grupo Santander,
Visa, Vodafone, Zurich, and many other leading Global 2000
companies and governments worldwide. ILOG's business rule
management systems (BRMS) product line includes ILOG JRules, ILOG
Rules for .NET and ILOG Rules for COBOL. To learn more about BRMS
please visit http://www.ilog.com/brms. About ILOG ILOG delivers
software and services that empower customers to make better
decisions faster and manage change and complexity. Over 3,000
corporations and more than 465 leading software vendors rely on
ILOG's market-leading business rule management systems (BRMS),
supply chain planning and scheduling applications and optimization
and visualization software components, to achieve dramatic returns
on investment, create market-defining products and services, and
sharpen their competitive edge. ILOG was founded in 1987 and
employs more than 850 people worldwide. For more information,
please visit http://www.ilog.com/. ILOG, ILOG JRules and ILOG Rules
for .NET are registered trademarks of ILOG S.A. ILOG Rules for
COBOL is a trademark of ILOG S.A. and ILOG, Inc. ILOG is a
registered trademark of ILOG, Inc. All other company and product
names are trademarks of their respective owners. DATASOURCE: ILOG
CONTACT: Monika Raj of ILOG, +1-408-991-7128, Web site:
http://www.ilog.com/
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