SAP Named Hottest Vendor in Ventana Research 2012 Value Index for Financial Performance Management
SAP NEWSBYTE - SAP AG (NYSE: SAP) today announced it has been ranked by Ventana Research, a leading benchmark research and advisory services firm, as the hottest vendor in its "2012 Value Index for Financial Performance Management (FPM)."
For the second time, SAP earned the highest overall "Hot Vendor" rating, which is certified by Ventana Research as the best representation of buyer value. SAP led the overall ranking in the Value Index compared to other vendors such as IBM, Infor and Oracle in the Value Index, which can help organizations to accurately match their specific business needs to vendors' products.
The Value Index evaluates software in the context of seven key categories. Five are product-related: usability, manageability, reliability, capability and adaptability. Additionally, two customer assurance categories assess total cost of ownership (TCO) plus return on investment (ROI), as well as validation.
This evaluation framework provides an assessment of how well vendors' offerings meet buyers' requirements for software designed to support FPM. The Value Index captures the value offered by a vendor and its products via a clear, accessible graphical representation, as well as a precise index percentage. Using the Value Index, organizations can evaluate vendors and their products to ascertain the value of applications to address their business-critical requirements.
"Ventana Research's recognition of our leadership in the financial performance management applications market acknowledges that SAP is helping its customers truly revolutionize the decision-making process," said Bryan Katis, group vice president and general manager, EPM Solutions Management, SAP. "Enterprise performance management solutions from SAP help finance professionals gain real-time visibility into performance metrics, quickly adapt to changing business conditions and drive savvier decision-making"
Visit the Ventana Research site to access the executive summary of the Financial Performance Management Value Index.
For more information, visit the SAP Newsroom. Follow SAP on Twitter at @sapnews and @businessobjects.
Susan Miller, SAP, +1 (610) 661-9225, firstname.lastname@example.org, EDT
Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, email@example.com, CDT