It’s that time of year again – anxiously waiting for the release of the latest Gartner Magic Quadrant for CPM Suites and preparing for the Financials 2014 conference. These are two key events that happen early each year and provide considerable conversation around SAP solutions for enterprise performance management (EPM).
Our EPM portfolio falls into Gartner’s definition of “corporate performance management,” or CPM. And whether you call this category CPM or EPM or BPM, as different vendors and analysts do, what’s being referred to are applications typically used by finance teams (but increasingly being used by other lines of business) to support setting and executing on strategy, planning/budgeting/forecasting, profitability modeling and optimization, and close/consolidations/disclosure management.
I can now cross both off the anticipation list – the Gartner Magic Quadrant for CPM Suites has just been released as we wrapped up the Financials 2014 event.
SAP’s Completeness of Vision Rating Rises
I’m happy to say that for the eighth year in a row, SAP has been positioned as a “Leader” in the report. Of particular note this year was a move to the right for SAP on Completeness of Vision. According to Gartner, Leaders have a large percentage of the CPM suite market share and demonstrate superior CPM sales levels. They can deliver breadth and depth of CPM suite functionality, as well as provide enterprise-wide implementations to support a broad CPM strategy. Leaders excel at vision, successfully articulate a business proposition that resonates with buyers, are well-recognized in the space, have broad international presence in execution, and are supported by the viability and operational capability to deliver on a global basis.
Peering into SAP’s EPM portfolio there have been a number of recent innovations leveraging what Gartner refers to as the “Nexus of Forces” – mobile, cloud, social, and information. Examples of this are the leveraging of mobile and in-memory technologies (SAP HANA) to transform planning and analysis capabilities. Providing simplified mobile interfaces for business users to both consume and input plan or budget data anytime/anywhere provides increased engagement beyond Finance, increased response time and ultimately better results. Having an underlying platform that can handle rapid, complex allocations, calculations and simulations at any level of detail changes the behavior of those involved in analysis and planning.
Why? Because in the past we did not ask certain questions, particularly at certain times of the day/month or year for fear of the lights flickering and the system grinding to a halt. Those days are behind us and the SAP HANA platform is removing the performance barriers that once limited applications’ ability to support the business so we can sense what’s happening, simulate outcomes, and act much faster than ever before. An example of this is SAP HANA powering the SAP Business Planning and Consolidation, version for SAP NetWeaver (aka “BPC NW”) application. Many customers are running this killer combination today and experiencing tangible business benefits including HP.
At the end of 2013, SAP had a number of key releases including SAP Business Planning and Consolidation 10.1, version for SAP NetWeaver, SAP EPM Unwired 3.0, and SAP Financial Consolidation support for SAP HANA as a database. The newest version of SAP Business Planning and Consolidation includes a redesigned, highly-intuitive HTML 5 web user interface and best-in-class integration into SAP NetWeaver Business Warehouse with the ability to build planning models directly on existing objects.
SAP EPM Unwired 3.0 has a new Fiori-like look and feel, and new customization capabilities and content. Because it’s built on the mobile business intelligence (BI) platform, you can access your existing SAP BusinessObjects BI reports as well as your reports based on SAP Business Planning and Consolidation, version for SAP NetWeaver and input schedules in one app.
These and other innovations will be on display at the upcoming Financials 2014 event in Nice, France (check out the agenda). I hope to see you there!