Boston & Freiburg, October 12, 2020: Jedox has been recognized in the Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions1 for the fourth consecutive year. In the report, the independent US analyst firm recognizes 12 vendors this year.
Gartner defines the Cloud Financial Planning and Analysis (FP&A) market as solutions supporting “the office of finance’s efforts to manage financial planning, budgeting, modeling, and performance reporting. They do so via modeling, collaboration, analytics, and performance reporting capabilities, all of which enhance finance’s ability to manage performance by linking corporate strategy and execution.” The report evaluated 12 different software vendors on 15 criteria.
“We believe the placement of Jedox in the Magic Quadrant for 4 years in a row confirms Jedox is a trusted cloud partner for global organizations seeking to automate, integrate and transform their planning and analysis across the entire organization,” says Florian Winterstein, Jedox CEO. “We are excited about the value add for our customers.”
Gartner predicts that “by 2024, 70% of all new financial planning and analysis projects will become extended planning and analysis (xP&A) projects, extending their scope beyond the finance domain into other areas of enterprise planning and analysis.”
“Our global customers cite the flexibility and scalability of our solution as key features. At Jedox, we are continually investing in our platform by providing extended planning capabilities along the entire value chain of an organization plus simple, out-of-the-box integrations with enterprise systems and best-of-breed applications. As a Microsoft Azure Gold Cloud platform partner, our solutions are also highly compatible with Excel, Power BI and Dynamics 365,” says Dr. Rolf Gegenmantel, Chief Product Officer at Jedox.
A complimentary copy of the full report is available from the Jedox website at https://www.jedox.com/en/resources/analyst-gartner-magic-quadrant/.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.