Adaptive Receives Highest Score in Two Out of Four Use Cases in Latest Gartner Critical Capabilities for Corporate Performance Management Suites Report

PALO ALTO, CA--(Marketwired - Oct 1, 2014) - Adaptive Insights, the worldwide leader in cloud business analytics for the biggest brands and the hottest companies, received the highest score in two out of four Use Cases in the July 9, 2014 "Critical Capabilities for Corporate Performance Management Suites." 

Adaptive scored the highest in 2 out of 4 use cases: Enterprise Business Unit and Public/Private (Less Than $250 Million). According to the report, the Enterprise Business Unit Use Case is clarified as, "An individual business unit within a larger enterprise," and the Public/Private (Less Than $250 Million) Use Case is clarified as, "A public or private organization with less than $250 million in annual revenue."

These results come on the heels of Adaptive Insights earning the #1 ranking for worldwide corporate performance management revenue and market share growth for Corporate Performance Management Suites in 2013 in Gartner's March 2014 Market Share: All Software Markets, Worldwide report.

Gartner's Critical Capabilities survey evaluates 12 vendors across nine weighted CPM suites capabilities, based on feedback from organizations using each vendor's solutions. 

"We believe Gartner has once again validated Adaptive's positioning as one of the strongest overall performance management solution suites helping mid-sized and enterprise organizations leverage real-time data to make informed business decisions and drive organizational growth," said Rob Hull, Founder & Chairman, Adaptive Insights. "And we further believe our highest score for both the Enterprise Business Unit Use Cases and less than $250 Million Use Cases captures the fact that Adaptive is a great fit for companies of all sizes, as underscored by our success with over 2,300 customers in 85 countries worldwide."

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 worldwide leader in cloud business and financial analytics solutions for companies and nonprofits of all sizes. The company's software as a service (SaaS) platform allows finance and management teams to work together to plan, monitor, report on, and analyze financial and operational performance. With capabilities for budgeting, forecasting, reporting, consolidation, dashboards, and business intelligence, Adaptive Insights enables finance, sales, and other business leaders to make better, faster, more collaborative decisions that drive a true competitive advantage.

Adaptive Insights is used by over 2,300 customers worldwide, from midsized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Siemens. The company is the #1 fastest growing cloud business analytics and CPM software company on the Deloitte Technology Fast 500™ list, and is #1 in customer satisfaction in independent industry surveys. With customers and partners in over 85 countries worldwide, the company has the strongest channel ecosystem in the cloud CPM space, with worldwide partners including Armanino, Intacct, IntuitiveTek, Plex Systems, SAP, and NetSuite, which offers Adaptive Insights as the NetSuite Financial Planning Module. Adaptive Insights is headquartered in Palo Alto, Calif. and is funded by Bessemer Venture Partners (BVP), Cardinal Venture Capital, Monitor Ventures, Norwest Venture Partners (NVP), ONSET Ventures, and Royal Bank of Canada (RBC). For more information, visit www.AdaptiveInsights.com, the Adaptive Insights Blog, and follow Adaptive on LinkedIn, Twitter, Facebook, and YouTube.