What are the most important factors to consider when evaluating corporate performance management (CPM) solutions? Which vendors are delivering the most value to customers in these areas?
According to Nucleus Research, the answer to the first question is usability and functionality. And in its 2017 CPM Value Matrix report, Host Analytics was named as a leader in the CPM market (a.k.a. EPM market) for the third straight year.
Key Market Requirements
The Nucleus Research report highlights usability as a key factor for CPM products, including having Excel-like features, as Finance users want autonomy from IT and are reticent to learn a drastically new system. Nucleus Research also commented on the importance of the Software as a Service (SaaS) deployment model because this requires little work from IT to deploy and maintain the solution.
And citing a prior report it published on CPM 2.0, Nucleus Research cited three critical factors in differentiating CPM solutions: embedded analytics, enterprise resource planning (ERP) integration, and flexible deployment options.
Host Analytics Recognized as a Leader
Based on vendor and customer interviews, Host Analytics was positioned as a leader in the market with the highest-ranked functionality among the pure-play CPM vendors in the Leader’s quadrant. Host Analytics was also ranked high among the leaders on usability.
In the report, Nucleus Research also highlighted the strength of the Spring17 release of Host Analytics. Several enhancements in the Spring17 release were mentioned as differentiators, including these:
- Enhanced user experience
- Support for organizations by period in Consolidation
- Ability to perform mass employee edits in Workforce Planning
- Enhanced reporting
- NetSuite integration
According to Anne Moxie, Research Analyst at Nucleus Research, “In the 2017 Matrix, Host Analytics is placed as one of the top players because it has heavily invested in both the usability and functionality of its solutions. Praise from its customers has kept the company in the Leader’s quadrant, proving that the company’s efforts have resulted in productivity enhancements, improved analysis, and high adoption rates.”
Dave Kellogg, CEO of Host Analytics commented, “We are thrilled to be recognized by Nucleus as a CPM leader for three years running, As cloud increasingly becomes the norm in CPM deployment, we believe our scalable, proven enterprise performance platform will continue to win out over traditional on-premises and competing cloud-based solutions.”
To learn more, feel free to download a complimentary copy of the CPM Technology Value Matrix 2017.