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Gartner Positions Adaptive Insights as Highest in Ability to Execute Among Visionaries in the 2015 Gartner Magic Quadrant for Corporate Performance Management (CPM) Suites

Ability to Execute, Completeness of Vision Key Factors in Evaluation

PALO ALTO, CA -- (Marketwired) -- 04/13/15 -- Adaptive Insights, the leader in cloud corporate performance management (CPM) for the biggest brands and the hottest companies, today announced it was named a Visionary in the Gartner Magic Quadrant for Corporate Performance Management (CPM) Suites. Adaptive was also positioned as highest in Ability to Execute among Visionaries in the quadrant. The annual report provides an overview of seventeen vendors within the CPM market and the leaders involved based on the ability to execute and completeness of vision.

To download a copy of the Gartner Magic Quadrant for Corporate Performance Management (CPM) Suites, published April 2, 2015 click here.

The ability to execute is evaluated in the Gartner report based on the following criteria:

  • Product/service capabilities, quality, feature sets, and skills
  • Overall viability
  • Sales execution/pricing
  • Market responsiveness/record
  • Marketing execution
  • Customer experience
  • Operations

Customers also point to Adaptive's ease of implementation and lower than expected implementation costs. Gentiva Health Services, Inc. (NASDAQ: GTIV), the nation's largest provider of home health and hospice services based on revenue, was able to leverage Adaptive's ability to execute to achieve nearly $1 million in average annual benefits and 751% ROI while using Adaptive's corporate performance management (CPM) solutions. Gentiva previously struggled using complex legacy financial planning solutions. "We switched to Adaptive Insights to make a once frustrating and time-consuming budgeting process effortless with accelerated, intuitive planning, budgeting, and reporting with built-in analytics and collaboration capabilities for improved decision making," said Kevin Bradshaw, Finance Director, at Gentiva. "Adaptive Planning has allowed us to increase engagement and productivity. It is simpler, more people are involved, and it takes a lot less time."

The Gartner report states: "The CPM suite market is shifting toward cloud-based solutions that deliver a shorter time to value and improved ease of use. The ability to provide cloud-based solutions and vendor experience with supporting these solutions factored heavily in this market study. The second primary area of market evolution reflects vendor ability to provide more comprehensive strategic financial planning support. The third primary area of market evolution is analytics."

"We believe that our highest Ability to Execute position in the Visionaries quadrant reflects the market recognition and adoption of our CPM Suite," said Tom Bogan, CEO of Adaptive Insights. "Our ability to capitalize on the market factors, including the massive shift towards the cloud and the increasing use of analytics in CPM, is allowing us to rapidly grow and attract large customers."

Tweet: #AdaptiveInsights highest in Ability to Execute among @Gartner_inc Visionaries in 2015 #CPM Magic Quadrant! http://ctt.ec/G6k3b

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 business intelligence 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's robust cloud CPM channel ecosystem of 200+ partners, including Accenture, Armanino, Cohn Reznick, Intacct, KPMG, McGladrey, and Plex Systems. NetSuite also offers Adaptive Insights as its NetSuite Financial Planning Module.

More than 2,600 companies in 85 countries use Adaptive Insights. These range from mid-sized companies and nonprofits to large corporations, including AAA, Boston Scientific, CORT, Konica Minolta, NetSuite, Philips, and Siemens. Adaptive Insights is headquartered in Palo Alto, Calif. For more information, visit www.AdaptiveInsights.com, the Adaptive Insights Blog, and follow Adaptive on LinkedIn, Twitter, Facebook, and YouTube.

Contacts:
Derek Kober
Adaptive Insights
650-528-7500
dkober@adaptiveinsights.com

Gina Giachetti
Highwire PR
PH: 415-963-4174 ext. 17
adaptiveinsights@highwirepr.com

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