IDC MarketScape has designated SAP enterprise solutions, specifically SAP Analytics Cloud and SAP Billing and Revenue Innovation Management, as Leaders in their respective markets. These two products offer a comprehensive suite of features and capabilities that help organizations drive digital transformation and enable new customer insight and engagement levels.
IDC has released a new MarketScape for Worldwide Enterprise Planning, Budgeting, and Forecasting Applications 2022 Vendor Assessment. In this report, SAP was ranked as the leader in the category with the greatest market share. The recently published study offers quantitative and qualitative analyses of the enterprise planning industry.
Furthermore, IDC’s assessment of SAP is founded on a stringent framework that evaluates each vendor in relation to the criteria and against each other. It takes the place of the previous MarketScape for Worldwide Enterprise Performance Management (EPM), reflecting the focus on planning in the EPM category before it was changed by the new one.
SAP Analytics Cloud is recognized in the IDC research for its ability to do enterprise planning, advanced analytics, and reporting all inside a single platform. Additional advantages and distinctions come from the bundled best practices material and out-of-the-box integrations to other SAP applications that come with the software. These capabilities allow clients to begin deployments immediately.
According to Daniel Yu, Senior Vice President (SVP) of Solution Management and Product Marketing for SAP Data and Analytics, SAP Analytics Cloud is the German tech giant’s strategic offering for extended planning and analysis (xP&A), seamlessly integrating planning processes across the organization with business solutions like SAP SuccessFactors and SAP S/4HANA. Apart from IDC’s recognition, SAP Analytics Cloud has also been lauded by various industry analyst reports and review websites like TrustRadius as one of the top-tier SAP enterprise solutions.
“We’re honored to help our customers across the globe transform their planning processes and become more agile to win in today’s dynamic economy,” Yu remarked.
Highlighting SAP Enterprise Solutions in IDC Reports
SAP has been continuing to receive recognition for its enterprise software. The company has also been named a Leader in the IDC MarketScape for Enterprise Subscription and Usage Management Applications. This is a noteworthy achievement for the German software giant, and further cements its position as a leading provider of SAP enterprise solutions.
The SAP Billing and Revenue Innovation Management system is used by businesses in a wide range of sectors to provide revolutionary subscription and usage-based solutions that can be rapidly modified in response to shifting consumer demands and market disruptions. According to Si-Mohamed Said, Global Head of ERP and Finance Product Marketing at SAP, customers have the additional benefit of enabling end-to-end automation across all business processes with SAP Billing and Revenue Innovation Management’s native integration to SAP S/4HANA.
For analytics, integration, procurement, and vendor relationship management, among other things, the IDC MarketScape research recommends SAP for businesses looking to implement a scalable subscription and usage management solution as part of their ERP platform. IDC stated that SAP customers view the company as “their subscription and usage management vendor of choice for the future” because of their satisfaction with the SAP platform and services for monetizing their enterprises.
Italian sustainable, green energy leader Alperia SpA, postal service provider CTT Correios de Portugal, S.A., and window, door, and facade systems supplier Schüco International KG all leverage the SAP Billing and Revenue Innovation Management solution to transform their business operations.
