BOARD positioned in 2011 Magic Quadrant for Corporate Performance Management Suites

BOARD International, the world leader in the Business Intelligence (BI) and Corporate Performance Management (CPM) toolkit space, announces that it has been positioned in the Gartner 2011 Magic Quadrant for Corporate Performance Management Suites.
By: Hayley Morgan
March 29, 2011 - PRLog -- The research evaluates Corporate Performance Management vendors by their completeness of vision and ability to execute on that vision.  Criteria range from overall business viability, customer experience and operational capabilities, to market understanding, product strategy and innovation. BOARD was one of 13 CPM providers evaluated in the report worldwide.

According to the report, “CPM is a suitable fit for nearly all organizations, and should be a priority initiative for CFOs to enable the finance function to deliver short- and long-term strategic benefits to the business”. In fact, “CPM suites can bring greater rigor, accuracy and transparency to many financial management processes, such as budgeting, planning and forecasting (BP&F), financials and regulatory reporting (and associated compliance challenges), and they can deliver a better understanding of the drivers of corporate profitability”.

The inclusion in 2011 Magic Quadrant for Corporate Performance Management Suites follows BOARD’s placement in Gartner’s Magic Quadrant for Business Intelligence Platforms 2011.

“Since our founding, we have pioneered an integrated approach to Corporate Performance Management and Business Intelligence, naming it Management Intelligence” said Giovanni Grossi, Chief Executive Officer of BOARD International. “By combining our vision, 15 years of customer feed-back, and next generation technology we have built an all-in-one product that seamlessly integrates BI and CPM, providing Advanced Office Integration, Interactive Visualization, Self-Service Reporting and Analysis.

“We believe Gartner’s recognition in both the Business Intelligence Platforms  and CPM Suites Magic Quadrants, reflects BOARD’s capability to help more than 2500 international organizations effectively manage and control their entire decision-making process: from data collection to information analysis; from goal-setting to decision-making; from operational execution to results monitoring.

“Furthermore”, continued Giovanni Grossi, “the customer’s need for an integrated Business Intelligence and CPM platform is demonstrated by our results: in 2010 Board continued to expand at above-average growth rates for the CPM market, 15% globally and 30% in the Asia/Pacific region, experiencing double digit growth for the 6th year in a row”.

About the Gartner Magic Quadrant
The Magic Quadrants are copyrighted 2011 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Founded in 1994, BOARD has enabled over 2500 companies worldwide to improve the effectiveness of their management decision making processes, unifying BI and CPM in a single integrated environment.

BOARD provides a seamless solution for the support, control and management of core processes such as
•   Reporting and Analyses
•   Budgeting, Planning, Forecasting
•   Profitability Modeling and Optimization
•   Simulation and What-if Analysis
•   Scorecarding
•   Financial Consolidation
•   Statutory and Financial Reporting
•   Monitoring and Auditing

Thanks to its programming-free toolkit approach, global organisations like ABB, DHL, Johnson & Johnson, Mitsubishi, NEC, Puma, Sephora and Sixty rapidly deployed BI and CPM applications in a fraction of the time and cost associated with traditional solutions. Headquartered in Lugano Switzerland, BOARD International has branches in Australia, Germany, India, Italy, Singapore, Spain, UK and US and a worldwide network of distributors and certified partners.

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BOARD is a global leader in the BI and PM (Performance Management) Toolkit space. BOARD provides one accurate, corporate view of your information, fully integrated with your PM processes and uniquely links performance to strategic vision at all levels.
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Tags:Gartner, Magic Quadrant, Business Intelligence, Cpm, Board, Corporate Performance Managment, bi, Software
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