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Oracle Overtakes IBM As Second-largest Software Vendor, Gartner Says

BIOracle 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.

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