Evaluation based on Completeness of Vision and Ability to Execute

prevero, the specialist European provider of integrated Corporate Performance Management (CPM) and Business Intelligence solutions, today announced that it has been positioned by Gartner, Inc. in the Visionaries quadrant of the 2016 Gartner Strategic Corporate Performance Management Solutions Magic Quadrant.

This is the 4th consecutive year that prevero has been positioned in the Corporate Performance Management report, and the 3rd year named as a Visionary by Gartner in its annual Magic Quadrant report. The announcement also follows prevero receiving the respondents’ 2nd highest overall satisfaction rating in Gartner’s annual User Survey Analysis of CPM vendors published in June 2015*.

“It’s great that Gartner has positioned prevero as a ‘visionary’ in its Strategic Corporate Performance Management Solutions Magic Quadrant. We believe this highlights not only our commitment to innovation, but also the completeness of our vision for the growing number of organisations looking to optimise the performance of their often over-complex planning, budgeting and forecasting processes,” commented Alexander Springer, prevero’s co-founder and CEO. “We also believe that this demonstrates the success of our strategy to offer more focused CPM solutions that address the specific needs of industries such as energy, manufacturing, finance, airports, telecommunications and the automotive sector.

“We believe it’s also significant that the Magic Quadrant shows prevero moving forward in terms of our ‘ability to execute’. This reflects our significant work this year in building out prevero’s CPM offering, strengthening our hybrid deployment approach across both on-premise and cloud models, extending our analytics capabilities with the prevero analytics engine, and also helping customers put our modelling engine to work and take their planning beyond the finance office,” he added.

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