CPM consolidation presents opportunities for mid-market companies
The landscape is changing for organizations that require a complete corporate performance management (CPM) solution. Large enterprise vendors recently acquired several platforms to implement CPM into their offerings, with plans to retire these packages and transition customers to a new solution. A critical decision is approaching for many companies: migrate to a CPM platform through a large vendor or to an emerging midmarket solution that may be more appropriate and cost-effective.
Transition plans are in place for soon-to-be-retired CPM platforms, although new solutions from larger vendors may not meet the needs of midmarket organizations. Smaller vendors have broadened the scope of their offerings, making major investments to develop affordable solutions that often provide more effective reporting and are easier to learn and understand. You must know what consolidation means for your CPM platform, and how to ensure that your organization stays current.
Read our white paper “ Consolidation in the CPM marketplace: Migrating to a new platform” to learn how to evaluate your vendor’s upgrade path and understand other options to choose the right solution for your company.