Orlando — ILOG has been designated by International Data Corp. (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.”
IDC’s study found that the worldwide BRMS market enjoyed healthy growth with revenues increasing 11.4% 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% 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.
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