SOURCE: Host Analytics

Host Analytics

August 11, 2015 08:00 ET

Host Analytics Receives Highest Product Score for "Public/Private ($250 Million-$1 Billion)" Use-Case in Gartner's 2015 Critical Capabilities for Corporate Performance Management Suites

Only Pure Cloud-Based Provider Rated in Top Five for All Four Use-Cases

REDWOOD CITY, CA--(Marketwired - Aug 11, 2015) - Host Analytics, the leader in cloud-based enterprise performance management (EPM), today announced that Gartner, Inc., the leading provider of research and analysis on the global information technology industry, has given the company the highest Product Score for the "Public/Private ($250 Million-$1 Billion)" Use-Case in its "Critical Capabilities for Corporate Performance Management Suites" report.i  In addition, Host Analytics received top-five Product Scores in the report's three additional Use-Cases. For complimentary access to the full Gartner report, please visit here.

Top-Five Product Score Breakdown
Among the four Use-Cases in the Critical Capabilities report, Host Analytics was ranked:

  • #1 overall for organizations "Public/Private ($250 Million-$1 Billion)"
  • #2 overall for organizations "Public/Private (Less Than $250 Million)"
  • #3 overall for "Individual Business Units"
  • #5 overall and highest-ranked of pure cloud-based CPM providers for organizations "Public/Private (Over $1 Billion)"

"This latest report from Gartner is great news for CPM buyers because we believe that it permanently dispels the false notion that cloud-based solutions are only for smaller organizations or simpler use-cases," said Dave Kellogg, CEO at Host Analytics. "That's important because finance organizations don't want to choose a cloud CPM solution only to find that they quickly outgrow it as their organization expands or their use-case evolves. The users have spoken through the research, and we believe that it's clear that Host Analytics is the cloud solution that scales best across company sizes and use-cases."

Research Criteria
According to Gartner, "This research analyzes how successfully the selected vendors support core CPM processes, as well as their strategic use and ease of adoption. This analysis differentiates the appropriateness of each vendor's solution based on organizational size. This generally reflects use-case complexity, and the related need for more diverse functionality and application customization. In addition, the use of each vendor's solution is evaluated for a particular business unit within a larger organization -- that is, as a departmental solution for organizations with $1 Billion or more in annual revenue."

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iGartner, Inc. "Critical Capabilities for Corporate Performance Management Suites" by Christopher Iervolino, John E. Van Decker, July 27, 2015.

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 Host Analytics
Host Analytics is the leader in cloud-based enterprise performance management (EPM), offering a suite of financial applications for modeling, planning, consolidation, reporting, and analytics. World-class companies like NEC, Burlington Coat Factory, and Sanmina trust Host Analytics to power their strategic financial systems. Host Analytics is a fast-growing, private company backed by leading venture capitalists and is headquartered in Silicon Valley with customers in over 90 countries.

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