Wall Street is signalling the beginning of the end for database supplier Sybase as institutions in the New York financial district have begun to abandon the supplier and are being followed by many other high-end database users.
According to Merv Adrian, research leader at analyst Giga Information Group,although the software company?s sales have dwindled in recent years, until now it has maintained its market share in the finance industry.
Wall Street investment bank JP Morgan is one of the companies which Adrian says has abandoned Sybase?s software in favour of IBM?s DB2 database.
"The products of the two main vendors, IBM and Oracle, are better than the competition," he claimed. "Given a superior platform, companies will move."
Robert Perih, vice president of database systems at Wall Street investment firm Salomon Smith Barney, said the company has migrated databases for a "number of business-critical applications that were formerly deployed on other platforms." Adrian predicts that many other business sectors will concentrate on the two top vendors. Sybase rival Informix will also suffer, he says. "Migration activity now may be a blip, but it will rise."
Last year, the database market was worth $7.1 billion worldwide, says researcher Dataquest. IBM?s market share was 32 per cent,followed by Oracle on 29 per cent and Microsoft on 10 per cent. Sybase and Informix both had four per cent of the market.
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