The market for corporate performance management (CPM) suites continues to grow rapidly. Previous years were marked by large-scale vendor consolidation and subsequent portfolio rationalization, while this year has seen a more stable market in which the vendors have focused on execution (particularly the large vendors selling into their existing customer bases). Demand continues despite the difficult economic conditions, primarily because CPM has helped to manage cost optimization efforts and is now increasingly employed in supporting growth-based strategies. Vendor offerings from larger vendors and CPM specialists are rich in functionality, with many potential benefits. However, the market is dominated, in terms of market share, by the three megavendors (Oracle, SAP BusinessObjects and IBM); although they all have strong product portfolios, there is still some uncertainty among users about future product road maps.
Mentions: Oracle, IBM, BusinessObjects, Infor
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Topics: Market Research, Competitive Analysis, Strategy, Planning, Competitor Intelligence