Corporate 2 Template

Fuel Cell Market size worth $25.5bn by 2024

Low Power Wide Area Network

Enterprise Performance Management (EPM) market shareresearch by applications and regions for 2018-2024:Global Market Insights, Inc.

A close up of a sign

Description generated with very high confidence

Asia Pacific EPM market is anticipated to observe a lucrative growth from 2018 to 2024 due tothe widespread adoption of these solutions by the BFSI sector. For instance, ChinaInternational Finance Group streamlines planning and budgeting to accelerate profitability andsupport its international business with Oracle ERP and the Oracle EPM Cloud. A rise in thenumber of SMEs will also accelerate the adoption of solutions as these solutions help financeand IT executives improve business predictability and allocate resources more efficiently. Thegrowth of the retail sector in countries including China and India is expected to drive themassive uptake of solutions to manage the huge amount of data generated through severalmarketing & distributional channels. The profound growth of the retail sector in this region willalso fuel the market growth.

Enterprise Performance Management (EPM) Market size is expected to grow rapidly in thecoming years driven by growing need to integrate and analyze heterogeneous business datafrom various sources, including e-commerce systems, front-office & back-office applications,data warehouses, and external data sources. The valuable information generated is used bycompanies to make decisions in areas such as strategic planning, forecasting, budgeting,financial reporting, and workforce planning. As the performance management tools oftenleverage BI technologies for processing the data, the software is rapidly being used byexecutives and the management, ensuring that the company is translating its strategy intomeasurable indicators and monitoring its performance.

Overview of Enterprise Performance Management (EPM) Market

The implementation of cloud technology is also accelerating the adoption of cloud-based EPMsoftware that makes it easier to deploy, lowers the cost of ownership, and enhancescollaboration across the enterprise. Another factor accelerating the growth of the market is theuse of next-generation technologies such as AI and machine learning, enhancing the existingcapabilities of EPM solutions.

The BFSI segment is expected to hold a major share of the EPM market due to theimplementation of cloud technology by finance departments across a broad spectrum of thegrowing SMBs. To avoid on-premise upgrades that involve high operating costs and consumemore time, organizations are adopting a cloud-model where the functionality can be easilyupdated, eliminating the need for hardware maintenance. The software complies allperformance metrics to gauge potential outcomes and allow organizations to improve theaccuracy of forecast and budgets.

The demand for cloud-based EPMs is projected to increase over the forecast timeline as themodel offers a more affordable and hassle-free option for the companies to measure pastperformances while offering ways to reduce inefficiencies and streamline workflows. The cloudEPM modules enable the automatic upgrades, eliminating the need for costly internal resourcesconsuming upgrades.

Continue…

Browse Full Research Report On Enterprise Performance Management (EPM) Market @

https://bit.ly/2BQmYUg

Request for an in-depth table of contents for this report @https://bit.ly/2KUnm78 gminsights.com/request-toc/upcoming/1797

North America is expected to witness a surge in the adoption of EPM solutions due to anincrease in the adoption of cloud technology. The healthcare industry in the region is embracingcloud solutions to manage its existing infrastructure. For instance, in November 2017,healthcare organizations across the U.S. selected Oracle EPM Cloud to deliver high-qualitypatient care while controlling costs. This solution enabled organizations to modernize operationsby increasing visibility & control and providing real-time business insights to improve financialdecision making.

The market is dominated by the prominent companies such as BOARD International, AdaptiveInsights, Host Analytics, HPE, Mesosphere, Oracle, IBM., Infor, SAP, Wolters Kluwer NV,Workiva, Cisco Systems, Datavail, Microsoft., Dell, Nimboxx, and Stratoscale. The companies inthe market are entering into strategic partnerships to offer custom EPM solutions to the clientsglobally. For instance, in September 2018, Wipro and Anaplan entered into a strategicpartnership to deliver cloud EPM solutions. The company leveraged its expertise to implementAnaplan’s Connected Planning platform across the customers’ business functions. In October2018, Infor teamed up with Donnelley Financial LLC to improve the compliance offering aroundInfor Dynamic EPM (d/EPM). Infor’s d/EPM, along with Active Disclosure from Donnelley helpsorganizations to systemize and streamline regulatory reporting while maintaining data lineage.

Continue…

Market research reports: Key analytical components

Methodology

https://www.gminsights.com/assets/img/method_a.jpg

$C:\Users\acer\Desktop\icons-847272_960_720.png$

$C:\Users\acer\Desktop\icons-842893_960_720.png$

$C:\Users\acer\Desktop\icons-842858_960_720.png$

$C:\Users\acer\Desktop\icons-842861_960_720.png$

Stay In Touch

Website: www.gminsights.com

Social Media: