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EPM market share research by applications and regions for 2018-2024

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Enterprise Performance Management Market is dominated by the prominent companies such as BOARD International, Adaptive Insights, Host Analytics, HPE – PowerPoint PPT presentation

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Title: EPM market share research by applications and regions for 2018-2024


1
Enterprise Performance Management (EPM) market
share research by applications and regions for
2018-2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Overview of Enterprise Performance Management
(EPM) Market
  • Asia Pacific EPM market is anticipated to observe
    a lucrative growth from 2018 to 2024 due to the
    widespread adoption of these solutions by the
    BFSI sector. For instance, China International
    Finance Group streamlines planning and budgeting
    to accelerate profitability and support its
    international business with Oracle ERP and the
    Oracle EPM Cloud. A rise in the number of SMEs
    will also accelerate the adoption of solutions as
    these solutions help finance and IT executives
    improve business predictability and allocate
    resources more efficiently. The growth of the
    retail sector in countries including China and
    India is expected to drive the massive uptake of
    solutions to manage the huge amount of data
    generated through several marketing
    distributional channels. The profound growth of
    the retail sector in this region will also fuel
    the market growth.
  • Enterprise Performance Management (EPM) Market
    size is expected to grow rapidly in the coming
    years driven by growing need to integrate and
    analyze heterogeneous business data from various
    sources, including e-commerce systems,
    front-office back-office applications, data
    warehouses, and external data sources. The
    valuable information generated is used by
    companies to make decisions in areas such as
    strategic planning, forecasting, budgeting,
    financial reporting, and workforce planning. As
    the performance management tools often leverage
    BI technologies for processing the data, the
    software is rapidly being used by executives and
    the management, ensuring that the company is
    translating its strategy into measurable
    indicators and monitoring its performance.

3
Continue
  • The implementation of cloud technology is also
    accelerating the adoption of cloud-based EPM
    software that makes it easier to deploy, lowers
    the cost of ownership, and enhances collaboration
    across the enterprise. Another factor
    accelerating the growth of the market is the use
    of next-generation technologies such as AI and
    machine learning, enhancing the existing
    capabilities of EPM solutions.
  • The BFSI segment is expected to hold a major
    share of the EPM market due to the implementation
    of cloud technology by finance departments across
    a broad spectrum of the growing SMBs. To avoid
    on-premise upgrades that involve high operating
    costs and consume more time, organizations are
    adopting a cloud-model where the functionality
    can be easily updated, eliminating the need for
    hardware maintenance. The software complies all
    performance metrics to gauge potential outcomes
    and allow organizations to improve the accuracy
    of forecast and budgets.
  • The demand for cloud-based EPMs is projected to
    increase over the forecast timeline as the model
    offers a more affordable and hassle-free option
    for the companies to measure past performances
    while offering ways to reduce inefficiencies and
    streamline workflows. The cloud EPM modules
    enable the automatic upgrades, eliminating the
    need for costly internal resources consuming
    upgrades.

4

Browse Full Research Report On Enterprise
Performance Management (EPM) Market
_at_ https//bit.ly/2BQmYUg Request for an
in-depth table of contents for this report _at_
https//bit.ly/2KUnm78 gminsights.com/request-toc
/upcoming/1797
5
Continue
  • North America is expected to witness a surge in
    the adoption of EPM solutions due to an increase
    in the adoption of cloud technology. The
    healthcare industry in the region is embracing
    cloud solutions to manage its existing
    infrastructure. For instance, in November 2017,
    healthcare organizations across the U.S. selected
    Oracle EPM Cloud to deliver high-quality patient
    care while controlling costs. This solution
    enabled organizations to modernize operations by
    increasing visibility control and providing
    real-time business insights to improve financial
    decision making.
  • The market is dominated by the prominent
    companies such as BOARD International, Adaptive
    Insights, Host Analytics, HPE, Mesosphere,
    Oracle, IBM., Infor, SAP, Wolters Kluwer NV,
    Workiva, Cisco Systems, Datavail, Microsoft.,
    Dell, Nimboxx, and Stratoscale. The companies in
    the market are entering into strategic
    partnerships to offer custom EPM solutions to the
    clients globally. For instance, in September
    2018, Wipro and Anaplan entered into a strategic
    partnership to deliver cloud EPM solutions. The
    company leveraged its expertise to implement
    Anaplans Connected Planning platform across the
    customers business functions. In October 2018,
    Infor teamed up with Donnelley Financial LLC to
    improve the compliance offering around Infor
    Dynamic EPM (d/EPM). Infors d/EPM, along with
    Active Disclosure from Donnelley helps
    organizations to systemize and streamline
    regulatory reporting while maintaining data
    lineage.

6
Methodology
  • Market
    research reports Key analytical components

7
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