SOURCE: Adaptive Insights

Adaptive Insights

June 02, 2016 17:20 ET

Adaptive Insights Positioned as a Leader in Gartner Magic Quadrant for Strategic Corporate Performance Management Solutions

Adaptive Insights Is the Only Cloud-Only Vendor in the Leaders Section of the SCPM Magic Quadrant

PALO ALTO, CA--(Marketwired - Jun 2, 2016) - Adaptive Insights, the leader in cloud corporate performance management (CPM), today announced that Gartner, Inc. has positioned it as a Leader in its 2016 Magic Quadrant for Strategic Corporate Performance Management Solutions* report. This is the first year that Adaptive Insights has appeared in the Leaders Quadrant of a Gartner Strategic CPM report and marks the first time a cloud-only vendor is in the leaders section of the Strategic CPM Magic Quadrant.

Over the past 12 months, Adaptive Insights has both rapidly expanded its customer base and made significant enhancements to its product offerings. The company's Adaptive Suite is now used by more than 3,000 companies in over 85 countries around the world.

"We believe Adaptive Insights advanced to the Leaders quadrant based on continuous traction with midmarket and enterprise customers, high marks in customer satisfaction, strong execution, and cloud experience," said Tom Bogan, CEO, Adaptive Insights. "This is a defining moment for both our company and the industry, as we feel it validates and highlights the profound value that cloud-based solutions are delivering to the office of finance."

The 2016 Magic Quadrant for Strategic Corporate Performance Management Solutions report evaluated 16 different software vendors on the following weighted criteria: market share, new license and subscription revenue, product strategy, customer satisfaction, and market understanding. 

The Gartner report states, "SCPM solutions support the office of finance's budgeting, planning and forecasting efforts. They also provide profitability modeling and strategy management capabilities. Ultimately, these solutions help CFOs and other business leaders orchestrate organizational performance and manage strategy in a more controlled and transparent manner."

For a complimentary copy of the report, please visit here.

For more information, please visit our blog.

*"Gartner, Magic Quadrant for Strategic Corporate Performance Management Solutions," by Christopher Iervolino and John E. Van Decker, May 31, 2016.

About the 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.

About Adaptive Insights

Adaptive Insights is the leader in cloud corporate performance management (CPM). Via its software as a service (SaaS) platform, the company offers capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and analytics that empower finance, sales, and other business leaders with insight to drive true competitive advantage. The Adaptive Suite is sold direct or is available through Adaptive Insights' robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, BDO, CohnReznick, Intacct, KPMG, McGladrey, Plex Systems, and Workday. NetSuite also offers Adaptive Planning as its NetSuite Financial Planning Module.

More than 3,000 companies in 85 countries use Adaptive Insights. These range from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Epcor, Konica Minolta, NetSuite, Philips, P.F. Chang's, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif. For more information, visit www.AdaptiveInsights.com, the Adaptive Insights Blog, and follow Adaptive Insights on LinkedIn, Twitter, Facebook, and YouTube.

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