The 2019 Nucleus Research Corporate Performance Management Value Matrix shows leading vendors aggressively taking market share from legacy providers as corporations seek more efficient financial solutions. As Oracle, SAP and IBM struggle, leading providers are attracting private equity funding, with one already going public.
CPM Technology Value Matrix Leaders include: Adaptive Insights (acquired by Workday), Anaplan (now public), BOARD (acquired by Nordic Capital), Host Analytics (acquired by Vector Capital), OneStream Software (investment from KKR) and Vena Solutions (investment from JMI Equity).
The once-sleepy CPM market is suddenly highly active as purpose-built planning software is becoming readily available to customers of all sizes and pocketbook values. No longer just for big enterprise players, this accessibility is gradually leading to an arms race among vendors, said Andrew MacMillen, analyst at Nucleus Research.
Democratizing the planning and analytics of CPM solutions has begun to galvanize an industry that was in the past repeatedly frustrated by organizational inertia “ customers who were satisfied with good enough solutions. Today, Nucleus notes that CPM vendors are delivering the benefits of cloud computing and embedded analytics to a companys entire workforce, eroding this institutionalized apathy towards upgrading from legacy solutions.
See the full Technology Value Matrix for Control Towers at: https://nucleusresearch.com/research/single/cpm-technology-value-matrix-2019/
CPM Software Returns $2.15 for Every Dollar Spent
In a separate research note, Nucleus found that for every dollar spent on CPM software, customers saw a return of $2.15. This was based on numerous CPM deployment case studies, highlighting best practices and identifying key metrics for building a business case to replace legacy solutions.
With superior flexibility and easier transitions than ever before, vendors are ushering in the next stage of CPM solutions. However high usability is paramount to the success of any new deployment, otherwise youll lose the benefits of increased productivity and better informed insights, continued MacMillen.
There are two types of maturity underpinning the recent development of the CPM software market. First is the advent of planning software accessible to employees of all seniority and financial literacy levels and second is the democratization of planning software across business types.
See the full Research Note at: https://nucleusresearch.com/research/single/cpm-returns-2-15-for-every-dollar-spent/
About Nucleus Research
Nucleus Research is a global provider of investigative, case-based technology research and advisory services. We deliver the numbers that drive business decisions. For more information, visit NucleusResearch.com or follow us on Twitter @NucleusResearch.
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