Oracle overtakes IBM as second-largest software vendor, Gartner says

posted onApril 1, 2014
by l33tdawg
http://en.wikipedia.org/wiki/Oracle_Corporation
Credit: http://en.wikipedia.org/wiki/Oracle_Corporation

Oracle has overtaken rival IBM as the world's second-largest software vendor by pulling in $29.6 billion in software revenue during 2013, according to analyst firm Gartner.

"Global trends around big data and analytics with business investment in database and cloud-based applications helped to drive Oracle's top-line growth," Gartner research vice president Chad Eschinger said in a statement.

Microsoft retained its first-place ranking, at $65.7 billion in software revenue, while IBM moved down to third place with $29.1 billion. SAP remained in fourth place, at $18.5 billion, Gartner said. Symantec, EMC, Hewlett-Packard, VMware, CA Technologies and Salesforce.com rounded out the top 10 vendors. Others accounted for $234.6 billion of the $407.3 billion total.

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