BOARD positioned in the Gartner Magic Quadrant for CPM Suites
Lugano-Switzerland, 29th December 2008, BOARD International, the world leader in the Business Intelligence (BI) and Corporate Performance Management (CPM) toolkit space, announces that it has been positioned in the Gartner 2008 Magic Quadrant for CPM Suites.
The research evaluates Corporate Performance Management vendors by their, completeness of vision and ability to execute on that vision.
Criteria range from overall business viability, customer experience and operations capabilities to market understanding, product strategy and innovation.
BOARD was one of 11 CPM Suites evaluated in the report worldwide.
According to the report “The market for CPM suites continues to rapidly grow and mature, topping $1.8 billion in license and maintenance revenue in 2007, representing 19% year-on-year growth”
Gartner points out that “CPM suites can bring greater rigor, accuracy and transparency to many management processes, such as budgeting, planning and forecasting (BP&F), financials and regulatory reporting (and associated compliance challenges), and they can deliver a better understanding of the drivers of corporate profitability. The current economic climate is driving demands from the board of directors to minimize costs and maximize profits, and organizations are increasingly deploying CPM applications to help management teams make the right strategic decisions.”
“We are honoured to be positioned by Gartner in the Magic Quadrant for CPM” comments Giovanni Grossi, Chief Executive Officer of Board International “We believe our presence in this influential report is a testimony to the way we contribute to the success of our customers – helping them to drive and achieve business performance across the entire organisation.
More than 2000 organizations worldwide have already chosen BOARD to unify BI and CPM, and to deploy analytic applications in a fraction of the time and cost associated with traditional solutions.”
“In 2009” adds Giovanni Grossi “we will further strengthen our offering, thanks to the release of BOARD 7. The new product version - entirely developed with the latest .NET technology – is set to dramatically improve the users experience, providing a revolutionary interactive visual interface.”
Click here to download a copy of CPM Magic Quadrant
About the Magic Quadrant
The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
*Magic Quadrant for CPM Suites, 2008 Publication Date: 19 December 2008/ID Number: G00163218
Authors: Neil Chandler, Nigel Rayner, John E. Van Decker
About BOARD
Founded in 1994, BOARD has enabled over 2000 companies worldwide to improve the effectiveness of their management decision making processes, unifying BI and CPM in a single integrated environment. BOARD provides a seamless solution for the support, control and management of core processes such as:
Headquartered in Lugano Switzerland, BOARD International has branches in Australia, Germany, India, Italy, Singapore, UK and US and a worldwide network of distributors and certified partners.
The research evaluates Corporate Performance Management vendors by their, completeness of vision and ability to execute on that vision.
Criteria range from overall business viability, customer experience and operations capabilities to market understanding, product strategy and innovation.
BOARD was one of 11 CPM Suites evaluated in the report worldwide.
According to the report “The market for CPM suites continues to rapidly grow and mature, topping $1.8 billion in license and maintenance revenue in 2007, representing 19% year-on-year growth”
Gartner points out that “CPM suites can bring greater rigor, accuracy and transparency to many management processes, such as budgeting, planning and forecasting (BP&F), financials and regulatory reporting (and associated compliance challenges), and they can deliver a better understanding of the drivers of corporate profitability. The current economic climate is driving demands from the board of directors to minimize costs and maximize profits, and organizations are increasingly deploying CPM applications to help management teams make the right strategic decisions.”
“We are honoured to be positioned by Gartner in the Magic Quadrant for CPM” comments Giovanni Grossi, Chief Executive Officer of Board International “We believe our presence in this influential report is a testimony to the way we contribute to the success of our customers – helping them to drive and achieve business performance across the entire organisation.
More than 2000 organizations worldwide have already chosen BOARD to unify BI and CPM, and to deploy analytic applications in a fraction of the time and cost associated with traditional solutions.”
“In 2009” adds Giovanni Grossi “we will further strengthen our offering, thanks to the release of BOARD 7. The new product version - entirely developed with the latest .NET technology – is set to dramatically improve the users experience, providing a revolutionary interactive visual interface.”
Click here to download a copy of CPM Magic Quadrant
About the Magic Quadrant
The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
*Magic Quadrant for CPM Suites, 2008 Publication Date: 19 December 2008/ID Number: G00163218
Authors: Neil Chandler, Nigel Rayner, John E. Van Decker
About BOARD
Founded in 1994, BOARD has enabled over 2000 companies worldwide to improve the effectiveness of their management decision making processes, unifying BI and CPM in a single integrated environment. BOARD provides a seamless solution for the support, control and management of core processes such as:
- Reporting and Analyses
- Budgeting, Planning, Forecasting
- Profitability Modeling and Optimization
- Simulation and What-if Analysis
- Scorecarding
- Financial Consolidation
- Statutory and Financial Reporting
- Monitoring and Auditing
Headquartered in Lugano Switzerland, BOARD International has branches in Australia, Germany, India, Italy, Singapore, UK and US and a worldwide network of distributors and certified partners.