Anaplan named a Leader in Gartner Magic Quadrant for Cloud Financial Planning and Analysis Solutions
Company Positioned Furthest on the Completeness of Vision Axis
Anaplan Believes this Reflects its Innovation and Demonstrates High Customer Satisfaction
SAN FRANCISCO, CA, July 26, 2018 — Anaplan, a pioneer in Connected Planning, today announced that leading global research and advisory firm Gartner has named Anaplan a Leader in its Magic Quadrant for Cloud Financial Planning and Analysis Solutions.1 Vendors were evaluated for completeness of vision and ability to execute.
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The Magic Quadrant report cites that “Financial planning and analysis solutions support the office of finance’s budgeting, planning, and forecasting efforts. Many also supplement the office’s budgeting and planning process support with modeling, collaboration analytics, and performance-reporting capabilities, to increase its ability to manage performance by linking corporate strategy and execution.” The company believes this finding reflects Anaplan’s top-quartile scores in ease of use, solution flexibility, performance, and overall experience with vendor, and meeting overall needs. The company also believes that its inclusion underscores the platform’s enterprise readiness to serve large, complex cloud customers.
“With Connected Planning, users can bring cross-functional decision-making onto a single cloud platform for enhanced transparency in operational planning,” said Brett Lukowicz, Director of Finance, Echo Global Logistics. “Anaplan enables enterprises to reduce risk and deliver a better customer experience by connecting multiple business units, including sales, marketing, HR, IT, and supply chain plans with finance. ‘What-if’ scenarios help users understand the financial and operational effect of decisions across multiple functions and improves collaboration.”
Infusionsoft is using Connected Planning to better leverage large volumes of data from an increasing number of sources to interconnect their planning models. “As a company growing quickly through innovation and improved execution, having a pulse on our business performance is critical,” said Russell Lester, Vice President of Finance and Analytics, Infusionsoft. “The old, cumbersome Excel-based models created a bottleneck to efficiency that was both frustrating for the team and delayed insights for leadership. Anaplan connects our data, people, and plans to help us be nimbler and proactively serve our stakeholders.”
The company believes that Anaplan’s inclusion in five Gartner Magic Quadrants spanning the sales performance management, corporate performance management, and cloud financial planning and analysis functions is a result of its effort to deliver a scalable and versatile platform designed for Connected Planning. Most recently, Anaplan was recognized as a Leader in the 2018 Magic Quadrant for Sales Performance Management. 2
“We believe the Anaplan platform approach to cloud-based, Connected Planning represents a fundamental change that improves how decisions are made in a company,” said Frank Calderoni, President and CEO of Anaplan. “We see this Magic Quadrant recognition as validation of our commitment to help our customers drastically reduce the time from planning to decision-making across the company, so they can stay ahead of their competition and exceed their objectives.”
1Gartner, “Magic Quadrant for Cloud Financial Planning and Analysis Solutions,” Christopher Iervolino, John E. Van Decker, 24 July 2018.
2Gartner, “Magic Quadrant for Sales Performance Management,” Melissa A. Hilbert, Tad Travis, Julian Poulter, January 15, 2018.
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.
Anaplan is pioneering the category of Connected Planning. Our platform, powered by our proprietary Hyperblock technology, purpose-built for Connected Planning, enables dynamic, collaborative, and intelligent planning. Large global enterprises use our solution to connect people, data, and plans to enable real-time planning and decision-making in rapidly changing business environments to give our customers a competitive advantage. Based in San Francisco, we are a privately-held growth company with 18 offices globally, 175 partners, and more than 900 customers worldwide. To learn more, visit anaplan.com.