Jedox AG, a leading vendor of Enterprise Planning and Business Intelligence software, today announced its debut in the “Magic Quadrant for Strategic Corporate Performance Management Solutions”.* This annual study published by Gartner Inc. provides an overview of the main CPM vendors worldwide based on a market perspective and assesses their individual “strengths” as well as “cautions”.
“After the most successful year in our company’s history with revenue growth of over 40%, our expansion in the Asian market and great customer wins in the United States, the first-time inclusion in Gartner’s Magic Quadrant for Strategic Corporate Performance Management as one of 16 vendors worldwide is another important milestone for Jedox,” commented Kay-Ingo Greve, CEO at Jedox. “With our 24/7 global support, strong indirect channels and product innovations in cloud and mobility, we are well equipped to build our growing base of satisfied customers around the world.”
“We are delighted that our clients continue to recognize our passion for enabling the rapid deployment of global budgeting and planning solutions,” added Dr. Rolf Gegenmantel, Chief Marketing Officer at Jedox. “We will drive further innovations and extend the self-service modelling capabilities of our software to simplify planning, reporting, and analysis in enterprise organizations.”
The Magic Quadrant for Strategic Corporate Performance Management Solutions evaluates the market positions of global CPM vendors for their “completeness of vision” and “ability to execute”. A vendor’s ability to execute is based on an in-depth assessment of its product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience and operations. Completeness of vision includes the criteria: market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation and geographic strategy.
* Gartner, Magic Quadrant for Strategic Corporate Performance Management Solutions, Christopher Iervolino and John E. Van Decker, [May 31st 2016].