target audience: TECH BUYER Publication date: May 2024 - Document type: IDC MarketScape - Doc Document number: # US52022623
IDC MarketScape: Worldwide Enterprise Planning, Budgeting, and Forecasting Applications for Midmarket Organizations 2024 Vendor Assessment
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Abstract
This IDC study provides an assessment of 11 enterprise planning, budgeting, and forecasting applications vendors that focus on midmarket organizations. The evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and one another. The study highlights the factors expected to be the most influential for technology buyers as they seek new software to support cross-functional and domain-specific planning, budgeting, scenario analysis, forecasting, and financial analysis processes. This assessment can be used to help define a short list of vendors.
"We expect organizations to continue to invest in the latest enterprise planning, budgeting, and forecasting applications to help them adapt to changes in the business environment, enhance agility to combat market volatility, and identify opportunities to leverage AI," said Chandana Gopal, research director, Business Analytics and Decisioning market research and advisory practice, IDC.