Host Analytics, the leading provider of scalable, cloud-based enterprise performance management (EPM) solutions, today announced it has been named to the Constellation ShortList™ for Cloud-Based Performance Management (CPM) in Q1 2018. Host is recognized for its ability to enable organizations to support budgeting and forecasting, strategic and operational planning, workforce planning and optimization, and financial consolidation and reporting.
“Host Analytics is among the Constellation ShortList leaders I’m seeing that are helping organizations take powerful business planning and analysis capabilities well beyond finance into operational areas including sales, human resources, and more,” said Doug Henschen, vice president and principal analyst at Constellation Research. “It’s an important trend toward the democratization of enterprise performance management and business insight.”
Constellation evaluated over a dozen solutions in the Cloud CPM market and determined the listed vendors based on client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. Only Host and three other vendors were included in the Q1 2018 Constellation ShortList based on their ability to provide the key functionalities and requirements for early adopters pursuing digital transformation initiatives.
To be included in the Constellation ShortList for CPM, solutions must meet the following criteria:
- Rapid deployment and configuration of multi-tenant services
- Agile budgeting, planning and forecasting capabilities
- Flexible modeling capabilities
- Rich data analysis and reporting tools
- Compliant consolidation and statutory reporting capabilities
- Modern, intuitive interfaces
“Being named to the prestigious Constellation ShortList further validates Host Analytics as the platform of choice for EPM,” said Dave Kellogg, Host Analytics CEO. “We continue to be recognized as a leading solution in the space; and for our ability to empower our large and growing customer base to innovate and transform the finance function.”
According to the Constellation ShortList report, “Disruptive times call for agile business planning. Cloud-based CPM systems have emerged over the last decade, initially adopted by small- and medium-sized organizations. Now, cloud-based CPM options are scaling up into enterprise deployments, and they are seeing double-digit annual sales gains. Cloud deployment makes it possible to implement, configure, and change these systems in an agile way, making them attractive to any organization dealing with disruption or rapid growth, or pioneering new product categories or business models.”
For more information about Constellation Research, visit www.ConstellationR.com.