NEW YORK, May 16, 2011 /PRNewswire/ -- IntraLinks (NYSE: IL), a leading provider of critical information exchange solutions, today announced that it has been ranked the number one vendor in the team collaboration software market* in 2010 by Gartner Inc. It marks the fifth consecutive year that Gartner has recognized IntraLinks as the leader in the team collaboration market.
Gartner based its ranking on its own analysis of vendors as well as vendors' reported revenues. The results were published in Gartner's recent worldwide market share analysis reports on team collaboration and Web-conferencing software, and all software markets.
Notable results from the reports include:
-- IntraLinks had a 23.8 percent market share in 2010, an 11 percent year-over-year increase -- IntraLinks' global growth in absolute terms, $43.6M, represented an increase of more than 30 percent year-over-year -- The overall team collaboration software market grew 17 percent in 2010 to $774 million, indicating that IntraLinks' global growth rate was almost twice that of the overall market
"Since 2008, the continuing convergence of team collaboration and enterprise social software drove new revenue opportunities as suites/platform offerings became more prominent," writes Tom Eid, research vice president, Gartner. "Teaming software vendors are providing more vertical market-aligned and line-of-business-focused capabilities."
"We believe the Gartner report provides convincing evidence of our leadership in the growing marketplace of cloud-based solutions for team collaboration," said Greg Kenepp, chief marketing officer, IntraLinks. "IntraLinks established its strong market position because our solutions are built for outside the firewall exchange of sensitive and critical information that securely accelerate business processes."
Gartner started looking at these specific markets because the continuing convergence of team collaboration and enterprise social software is driving new revenue opportunities as platform offerings became more prominent. The 'Market Share: All Software Markets, Worldwide, 2010' (G00222976) is an annual report that provides detailed market share for infrastructure and application software for all the world's major regions. For the report, Gartner analyzes revenues for nearly 400 software vendors for 20 software markets and 104 software submarkets in 53 countries.
*Gartner, Inc., Market Share Analysis: Team Collaboration and Web-Conferencing Software, Worldwide, 2010, Tom Eid, Bianca Francesca Granetto, April 29, 2011.
IntraLinks is a leading global provider of Software-as-a-Service solutions for securely managing content, exchanging critical business information and collaborating within and among organizations. More than 1 million professionals in industries including financial services, pharmaceutical, biotechnology, consumer, energy, industrial, legal, insurance, real estate and technology, as well as government agencies, have utilized IntraLinks' easy-to-use, cloud-based solutions. IntraLinks users can accelerate information-intensive business processes and workflows, meet regulatory and risk management requirements and collaborate with customers, partners and counterparties in a secure, auditable and compliant manner. Professionals at more than 800 of the Fortune 1000 companies have used IntraLinks' solutions. For more information, visit http://www.intralinks.com or http://blog.intralinks.com. You can also follow IntraLinks on Twitter at http://twitter.com/intralinks and Facebook at http://www.facebook.com/IntraLinks.