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Here's Who Made Gartner’s Cloud Financial Planning And Analysis Magic Quadrant

Here are the 15 vendors that made Gartner's 2019 Magic Quadrant for Cloud Financial Planning and Analysis, a list that includes Oracle, SAP, IBM and Workday.

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The 15 Market Leaders In Financial Planning And Analysis

The financial planning and analysis market has shifted away from mature on-premises offerings to cloud offerings to support modern budgeting, planning and forecasting for a business.

Approximately 75 percent of enterprises are seeking ways to improve the accuracy and strategic impact of financial planning and data analysis across multiple operational divisions inside a company, according to Gartner's 2019 Magic Quadrant for Cloud Financial Planning and Analysis.

The top three reasons customers purchase these offerings are to create internal and operational efficiencies, improve business process agility and enhance their decision-making, according to Gartner. Among 426 customer survey participants, Gartner said respondents said they are frustrated with their on-premises offerings’ lack of flexibility, ongoing support costs and limited analytics capabilities—all of which are growth opportunities for market-leading vendors.

Here are the 15 vendors that made Gartner's 2019 Magic Quadrant for Cloud Financial Planning and Analysis, along with Gartner’s assessments of each company's strengths and weaknesses in the space.

 
 
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