Financial planning and analysis—a key element of business planning as a whole—is fast becoming a pivotal process for organizations aiming to operate with agility in the age of urgency. Decision-makers in all kinds of businesses are realizing that to win, they must plan. And for a modern business, only a modern, cloud-based planning solution will do.
It’s our belief that this is why Gartner has once again positioned Adaptive Insights, a Workday company, in the Leaders quadrant of the 2019 Magic Quadrant for Cloud Financial Planning and Analysis Solutions for the third time.* We’re proud to point to our history as an industry leader, including our history as a Leader in this Gartner Magic Quadrant.
As always, it’s about customers
From our perspective, being named a Leader in any Gartner Magic Quadrant is important because it’s based on our ability to execute and our completeness of vision. We believe it reflects our focus on innovation and how effectively we deliver it.
In addition to analyst recognition, Adaptive Insights has a powerful story to tell. Every moment of every day, we deliver innovation to more than 4,350+ organizations who rely on our Business Planning Cloud to help them think fast, move first, and make smarter decisions quickly.
Their reliance on us keeps us focused on innovating what’s important, including:
- Collaborative planning that allows more people throughout the organization to participate in the planning process, which in turn leads to better plans and more informed decisions.
- Flexible modeling that gives finance and operations professionals the freedom to create detailed, data-driven what-if scenarios modeled on every aspect of their business—so they can better prepare for an increasingly unpredictable future.
- An intelligent and scalable platform—intelligent enough to leverage machine learning and other advances to sharpen decision making, and scalable enough to accommodate the rapid rise of functional planning across the enterprise and ensure that all plans, both financial and operational, dovetail seamlessly with the broader corporate plan.
- The Power of One and third-party integration—because continuing our initiatives to create a unified user experience with the rest of the Workday suite, even as we further our investments in supporting tight integration with other third-party solutions, means customers have options that allow them to create the planning environment that best suits their needs.
The market is responding
Reviews and high ratings from actual customers of the Adaptive Insights Business Planning Cloud recently led to our being named an April 2019 Gartner Peer Insights Customers’ Choice for Cloud Financial Planning Analysis Solutions. We feel that this, too, is an exciting honor—and it keeps us focused on delivering innovation for customers.
“Adaptive is amazing,” a customer experience leader at a large manufacturing firm recently shared in a five-star review of Adaptive Insights. “We begаn tо lооk аt рlаnnіng аnd reроrtіng sоftwаre beсаuse we needed а system thаt соuld hаndle eхtensіve соst аllосаtіоns, multірle budget versіоns, vаrіed оrgаnіzаtіоnаl struсtures аnd рrоvіde us wіth TIMELY аnd роwerful reроrtіng, drіll dоwn аnd аnаlysіs. Adарtіve hаs delіvered оn аll frоnts.” (Gartner Peer Insights, July 28, 2019, https://www.gartner.com/reviews/review/view/987781)
Meeting the needs of customers will continue to remain our steadfast focus as we approach the 5,000-customer mark and add a growing list of Fortune 500 enterprises to our user community, including Airbus, Bucknell University, Denny’s, and H&R Block.
As planning takes its rightful place in the enterprise stack, we’ll continue to work hard to keep and strive to improve our position in the Leaders quadrant. We plan to achieve this by ensuring that everything we do delivers value and helps customers make planning a strategic part of their business.
Because to achieve agility in the age of urgency, only a modern, cloud-based planning solution will do.
*Workday (Adaptive Insights) is listed in previous reports as Adaptive Insights because Workday acquired the company in August 2018. Adaptive Insights was named in 2017 and 2018 Magic Quadrants for this report.
Gartner, Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Bob Anderson, John Van Decker, and Greg Leiter, 8 August 2019. In 2016, the report was titled, Magic Quadrant for Cloud Strategic Corporate Performance Management Solutions.
Gartner, Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, John Van Decker, Robert Anderson, Greg Leiter, 13 May 2019
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, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.