CIOReview
| | SEPTEMBER 20176CIOReviewNot long ago, financial performance was considered as the cornerstone of business performance. However, many enterprises today realize that while measuring finance holds the key; they needed to consider multiple factors such as operations, strategy, human resources, customers, learning, and growth, among others to have a holistic view of business performance. Looking at these diverse factors in isolation make it difficult to not only measure them but also understand the crucial interrelations for a better performance assessment. Addressing these challenges is enterprise performance management (EPM) solutions that combine best practices with technology to accurately monitor and analyze the performance, considering all components. This will help enterprises improve their bottom line and achieve a competitive advantage. As stakeholders see EPM solutions as a way to accelerate processes for planning, analysis, compliance-driven financial reporting, and management reporting, the market is witnessing an unprecedented growth. Major factors fuelling the transformation of PM landscape is the proliferation of market trends like Software-as-a-service (SaaS), advanced analytics, BI, mobility, and collaboration. Vendors are now offering pure-play EPM SaaS solutions that help avoid many of the complexities--implementation, maintenance, and cost--of deploying EPM in an enterprise. Furthermore, EPM is being integrated with BI and analytics tools to address three aspects: knowledge of the past, present, and future of an enterprise. To provide the availability and access to performance monitoring on the go, EPM is made available on mobile devices. To succeed in the deployment of EPM solutions, enterprises need to consider many aspects. They need to ensure the strategic alignment of planning and organizations goals; monitor and track the appropriate EPM software analytics capabilities; garner essential insights for achieving performance improvement; and achieve seamless collaboration between stakeholders to effectively address business needs. There are many promising EPM solutions providers who are helping enterprises by making the deployments agile and intelligent enough to satisfactorily address all these aspects.Our goal with this special edition is to highlight the best-of-breed EPM solution providers like Anaplan that is disrupting the traditional model of finance-centric EPM. The company's EPM platform optimizes the performance of multiple components from sales, marketing, HR, and operations, in addition to finance. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs.Write us your thoughts.Jeevan George Managing Editoreditor@cioreview.comCopyright © 2017 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewSEPTEMBER - 07- 2017Mailing AddressCIOReview44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510.402.1463, F:510-894-8405 SEPTEMBER - 07 - 2017, Vol 06 SE 94 Published by ValleyMedia Inc.To subscribe to CIOReviewVisit www.cioreview.com EPM SPECIALCIOReviewEditorial StaffSalesT: 510.996.5173Katherine Joneskatherine@cioreview.comHenry MillerManaging EditorJeevan GeorgeEditorialBreaking the Traditional EPM Mould*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffVisualizersAR RamjithAaron Pierce Jason ThomasKathy ArnoldNisha Sahadev Shashikanth PeetlaVivian Murray
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