Gartner Positions Tagetik as a "Visionary" in 2015 Magic Quadrant for Corporate Performance Management Suites

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Apr 06, 2015, 04:00 ET

LUCCA, Italy and STAMFORD, Connecticut, April 6, 2015 /PRNewswire/ --

Tagetik's 6^th consecutive year as a visionary CPM vendor

Tagetik Logo (PRNewsFoto/Tagetik)

Tagetik, a visionary leader in global performance management software solutions, today announced that it has been named by Gartner, Inc. in the Visionaries quadrant of the 2015 Magic Quadrant for Corporate Performance Management (CPM) Suites^[¹^]. The annual report evaluates software vendors on their completeness of vision and ability to execute.

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"Tagetik has grown dramatically over the last several years with the addition of more than 100 new customers in 2014 including large cloud deployments at global 500 companies," said Manuel Vellutini, co-CEO, Tagetik. "I believe being positioned in the Visionaries quadrant for the sixth straight year is a testament to our continuous commitment to innovation and our ability to help CFOs guide strategic direction with improved performance, reduced risk, greater efficiency and better business results."

"We see more and more large or complex finance organizations moving to the cloud not just for planning but also for consolidation, close, disclosure and board reporting, and we have proven that we can support that trend with very large and broad cloud deployments over the last few years," continues Vellutini. "We are currently leveraging our recent $36 million in funding to extend our global reach and continue to deliver exceptional results for businesses across multiple industries and geographies."

"We have always been known for our deep finance knowledge and functionally rich capabilities," said Marco Pierallini, co-CEO, Tagetik. "In our most recent releases we've put considerable focus on making our powerful Financial Performance Platform ^[^TM^] easier to use and more intuitive. We are proud of our proven ability to meet the needs of complex finance organizations, large or small, while maintaining one of the best customer satisfaction ratings in the industry."

About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

^[¹^] Gartner, Magic Quadrant for Corporate Performance Management (CPM) Suites by Christopher Iervolino, John E. Van Decker. 02 April 2015.

About Tagetik

Tagetik understands the complex challenges that face the Office of Finance and translates that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik, companies get the simplicity of the Cloud and the power to unify financial and operational planning; shorten the consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust strategic plans; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. Tagetik has built-in financial intelligence so that CFOs, finance managers, and operations executives can orchestrate multiple or all processes in one software solution. More than 750 customers across 35 countries count on Tagetik to improve efficiency, reduce risk, save money and deliver results. For more information, visit http://www.tagetik.com. We get Finance. You get results.

Media Contacts:
Joanna Hardy +1-646-202-9755
Horn Group for Tagetik
[email protected]

SOURCE Tagetik