Anaplan has been selected for Gartner’s 2012 Cool Vendors in Finance and Procurement, 2012 report published last week. The company is one a limited number of vendors specialising in performance management in the Cloud. Anaplan’s founders, with a deep heritage in analytical platforms have taken the opportunity of Cloud computing to take a fresh approach to the problem, incorporating the latest thinking and technology.
Founding principles include a unified platform, in-memory computing and multi-threaded processing to ensure a fast level of performance - something that has eluded earlier generations of web based solutions. As such Anaplan can support very large models and populations of users. At a stroke this allows managers to collaborate across complete processes in a single business model, transcend functional barriers and link operational to financial plans. (See FSN’s review here)
The Gartner report on Cool Vendors in Finance and Procurement for 2012 identifies companies who are innovators in their respective field, create business impact for their customers and have intriguingly caught the interest of Gartner in approximately the last six months.
Gartner Analyst, John Van Decker explains, “Interest in SaaS-based CPM solutions is increasing, and many organizations that would not have considered Saas in the past are being attracted to the potential benefits of Saas. Anaplan is well-positioned to capitalize on the opportunity and also to deliver a planning solution that supports a more integrated approach to planning across the business.”
”We are delighted to have been selected as a Gartner Cool Vendor for 2012,” comments Anaplan CEO, Guy Haddleton. “Innovation in technology is driving the new way to business performance. Traditional enterprise software can no longer handle the rate of change and enterprise complexity associated with vast numbers of products, customers, geographies, people, channels and projects. The costs involved with maintaining IT infrastructures and employing armies of consultants is rising rapidly. At Anaplan, we are empowering the end user by taking the flexibility of a spreadsheet, the scalability of enterprise software and the power and collaboration of the cloud to connect the enterprise and create The Enterprise Spreadsheet Cloud.”