Oracle has overtaken rival IBM as the world’s second-largest software vendor by pulling in US$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.
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