The corporate performance management (CPM) market is an established one that has long been dominated by legacy, on-premises solution providers, such as Oracle, SAP, and IBM. However, in recent years, the market has been shifting to cloud/SaaS as the preferred deployment model for CPM solutions.
Thousands of companies have reaped the benefits of cloud-based CPM solutions – faster time to value, lower cost of ownership, autonomy from IT, and rapid innovation.
Recognizing this shift in the market, Gartner, focused its 2017 Magic Quadrant Research for Financial CPM (FCPM) and Strategic CPM (SCPM) on cloud-only solutions. The result is a “new world order” in terms of market leadership, where the legacy on-premises vendors no longer dominate. The next generation of CPM solution providers has emerged.
Host Analytics Recognized as a Leader in Both Cloud FCPM and SCPM
I am proud to report that Host Analytics was recognized as a leader in both the Gartner Cloud FCPM1 and Cloud SCPM2 Magic Quadrant reports. Moreover, Host Analytics is the only cloud-only vendor recognized as a leader in both CPM MQs.
This recognition follows on other firsts for Host Analytics:
- 2010: First cloud only vendor to be listed in the Gartner CPM MQ
- 2013: First cloud only vendor to be named a Visionary in the Gartner CPM MQ
- 2016: Only cloud only vendor to be listed in both the FCPM and SCPM MQs
- 2017: Only cloud only vendor named a leader in both the Cloud FCPM and SCPM MQs
Based on Gartner’s commentary, we believe Host Analytics was named a leader in the Cloud FCPM and SCPM MQs based on our experience in the cloud market, our high customer satisfaction ratings, and our ability to address the more complex use cases.
We believe these reports provide strong validation of the breadth and depth of CPM capabilities provided by Host Analytics across multiple CPM domains – including budgeting, planning, forecasting, modeling, financial consolidation, and reporting.
Commenting on the report, Host Analytics CEO Dave Kellogg said, “We are extremely pleased to be in the Leaders Quadrant for both Cloud Strategic CPM and Cloud Financial CPM Solutions this year. With Gartner confirming the market shift toward cloud-based solutions, it’s a huge validation of our breadth and depth for Host Analytics to be the only pure-play cloud vendor in the Leaders Quadrant for both CPM reports.”
Host Analytics is pleased to offer our readers complementary copies of both the Gartner Cloud FCPM and SCPM Magic Quadrant reports. Please follow this link to download a copy.
1Gartner Magic Quadrant for Cloud Financial Corporate Performance Management Solutions, John E. Van Decker and Christopher Iervolino, 29 June 2017.
2Gartner Magic Quadrant for Cloud Strategic Corporate Performance Management Solutions, Christopher Iervolino and John E. Van Decker, 29 June 2017.
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