Enterprise Performance Management (EPM) Consultants Providers Statistics 2024 – Everything You Need to Know

Are you looking to add Enterprise Performance Management (EPM) Consultants Providers to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Enterprise Performance Management (EPM) Consultants Providers statistics of 2024.

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How much of an impact will Enterprise Performance Management (EPM) Consultants Providers have on your day-to-day? or the day-to-day of your business? Should you invest in Enterprise Performance Management (EPM) Consultants Providers? We will answer all your Enterprise Performance Management (EPM) Consultants Providers related questions here.

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Best Enterprise Performance Management (EPM) Consultants Providers Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 17 Enterprise Performance Management (EPM) Consultants Providers Statistics on this page 🙂

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Enterprise Performance Management (EPM) Consultants Providers Benefits Statistics

• According to NIST, a cloud computing model can offer the following five key features or benefitsFigure 2.SaaS vs. PaaS vs. IaaSMigrating. ^[0]

Enterprise Performance Management (EPM) Consultants Providers Market Statistics

• The global enterprise performance management market size is expected to grow at a Compound Annual Growth Rate of 6.3% during the forecast period, to reach USD 7.7 billion by 2026 from USD 5.7 billion in 2021. ^[1]
• Oracle led the pack with a 27.1% market share riding on a 5.4% jump in EPM license, maintenance and subscription revenues. ^[2]
• According to the Cloud Analytics Market report by MarketsandMarkets, from 2015 and 2020, the global cloud BI market will grow from $7.5 billion to $23.1 billion. ^[0]

Enterprise Performance Management (EPM) Consultants Providers Software Statistics

• The move to reinstate standard support – at 18 percent of annual license fees, “will enable all customers to choose the option that best meets their requirements”, the company said.[129]In August 2013, SAP acquired German software company Hybris for eCommerce. ^[3]

Enterprise Performance Management (EPM) Consultants Providers Latest Statistics

• 80% of fortune 2000 companies rely on our research to identify new revenue sources. ^[1]
• The global Enterprise Performance Management Market size is expected to grow at a Compound Annual Growth Rate of 6.3% during the forecast period, to reach USD 7.7 billion by 2026 from USD 5.7 billion in 2021. ^[1]
• The major APAC countries spending on the public cloud in these regions are growing at a CAGR of 25% faster than in the US and Western Europe. ^[1]
• Worldwide EPM Applications Market to reach $4.8 billion by 2025, compared with $4.2 billion in 2020 at a compound annual growth rate of 2.8%. ^[2]
• The company had recurring revenue growth of 85% in 2020, and 48% yearover year growth in its customer base, resulting in more than 750 customers. ^[2]
• With an installed base of more than 3,500 customers, Workiva helps automate reporting requirements of more than 75% of Fortune 500 companies. ^[2]
• Option One Achieve 100% migration success. ^[4]
• Dediq GmbH has invested over 500 million euros in the newly formed unit and received an 80 percent share in return. ^[3]
• SAP brought its products, organizational units and the sales network into the business and holds 20 percent of the shares. ^[3]
• For the fiscal year 2017, SAP reported earnings of €4 billion, with an annual revenue of €23.5 billion, an increase of 6.3% over the previous fiscal cycle. ^[3]
• The move to reinstate standard support – at 18 percent of annual license fees, “will enable all customers to choose the option that best meets their requirements”, the company said.[129]. ^[3]
• SAP aims to compose 1% of its workforce with individuals with autism by 2020.[136]. ^[3]

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Reference

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1. technologyevaluation – https://www3.technologyevaluation.com/research/tec-report/top-trends-report-epm-solutions-in-the-cloud.html.
2. marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/enterprise-performance-management-market-114295566.html.
3. appsruntheworld – https://www.appsruntheworld.com/top-10-epm-software-vendors-and-market-forecast/.
4. wikipedia – https://en.wikipedia.org/wiki/SAP.
5. thehackettgroup – https://www.thehackettgroup.com/enterprise-performance-management/.

How Useful is Enterprise Performance Management Consultants Providers

One of the key aspects that make EPM consultants valuable is their expertise and experience in implementing EPM solutions. These consultants have a deep understanding of best practices and industry standards, allowing them to design and implement EPM systems that are tailored to the specific needs of their clients. By leveraging their knowledge and experience, EPM consultants help organizations streamline their financial processes, improve visibility into their operations, and enhance decision-making capabilities.

Additionally, EPM consultants can provide valuable insights and recommendations based on their analysis of an organization’s financial data. By utilizing advanced analytics and modeling techniques, these consultants can identify trends, patterns, and opportunities that may not be immediately apparent to the organization. This can help organizations better understand their performance, identify areas for improvement, and drive operational efficiencies.

Furthermore, EPM consultants can assist organizations in optimizing their financial planning and budgeting processes. By implementing robust EPM solutions, organizations can improve the accuracy and efficiency of their forecasting, budgeting, and reporting processes. This can help organizations better align their financial strategies with their overall business objectives, and ensure that resources are allocated effectively to achieve desired outcomes.

Another key benefit of working with EPM consultants is their ability to provide ongoing support and training. As organizations continue to evolve, their EPM systems and processes may need to be adjusted and optimized. EPM consultants can provide support in troubleshooting issues, implementing enhancements, and training staff on how to effectively use EPM tools and systems. This can help ensure that organizations continue to derive value from their EPM investments over the long term.

Ultimately, the usefulness of EPM consultants providers lies in their ability to help organizations drive value and achieve their financial goals. By leveraging their expertise, experience, and analytical capabilities, EPM consultants can help organizations streamline their financial processes, improve decision-making capabilities, and enhance overall performance. As organizations continue to face increasing competition and volatility in the business environment, the need for EPM consultants providers will only continue to grow.

In conclusion, EPM consultants play a critical role in helping organizations optimize their financial performance, improve decision-making processes, and achieve their business objectives. The value that these consultants provide is undeniable, and organizations that invest in EPM solutions stand to benefit significantly from their expertise and support. As organizations strive to adapt to the ever-changing business landscape, working with EPM consultants can give them a competitive edge and position them for long-term success.

In Conclusion

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