Clarity Systems’ Positioned in Visionaries Quadrant in Magic Quadrant for CPM Suites 2008 Report
corporate performance management (CPM) and external reporting solutions, today
announced that Gartner, Inc. had positioned the firm in the ‘Visionaries’
section of the 2008 Magic Quadrant(TM) for CPM Suites(1).
“I believe our positioning in the Magic Quadrant reflects our 40 percent
year-on-year growth in license revenue, the new product introductions we made
and the widening acceptance of Clarity FSR(TM) by firms wanting to improve the
efficiency of the external reporting process, while delivering multiple output
formats including XBRL,” said
Systems. “This unified, one-stop CPM and external reporting product portfolio
contrasts with those of other vendors mentioned in the report, who are still
trying to rationalize the products they obtained during acquisitions,” added
Nashman.
Clarity Systems is a leading independent CPM specialist, providing
enterprises with a unified and open approach to CPM with its solutions,
Clarity 6 and Clarity FSR. Clarity 6 is a single unified application to
address financial budgeting, planning, forecasting, consolidations,
scorecarding and analytic needs. Clarity FSR is an innovation for the Office
of Finance that makes it easier to create and submit external financial and
regulatory reports such as the 10-K and 10-Q. Clarity FSR is the only product
of its kind on the market, and is helping to strengthen Clarity’s leadership
in the CPM market.
“In 2009 we will introduce more visionary, feature-rich versions of
Clarity 6, Clarity FSR and Clarity OnDemand, as well as add new business
partners across the globe,” said Nashman. “These moves in turn will reinforce
our industry leadership as one of the leading independent CPM specialists
providing enterprises all over the world with a truly unified and open
approach to CPM,” he added.
Clarity Systems will be providing ‘big picture’ industry insights and a
host of practical tools to its customers and prospects at its customer
conference, Vision:09, in the new year. Companies interested in hearing
real-life user experiences, industry overviews and attending educational
workshops around our visionary solutions are encouraged to visit
http://www.claritysystems.com/Vision/ to gather details and plan their
attendance.
About the Magic Quadrant
The Magic Quadrant is copyrighted
reused with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner’s analysis
of how certain vendors measure against criteria for that marketplace, as
defined by Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and does not advise technology users to select
only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is
intended solely as a research tool, and is not meant to be a specific guide to
action. Gartner disclaims all warranties, express or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.
Clarity Systems
Clarity Systems delivers software solutions to the Office of Finance. Our
software helps large and mid-market organisations around the world improve
their budgeting, planning, consolidations, scorecarding and management
reporting processes, and also automates their external reporting processes to
support the production of regulatory and statutory reports. Our unified
applications help CFOs reduce risk while simultaneously improving operational
efficiency. For more information, please visit our website at
www.claritysystems.com or call us at 1-877-410-5070 in
2031784038 in the UK.
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(1) Gartner, Inc. "Magic Quadrant for CPM Suites, 2008" by N. Chandler,
N. Rayer and J. Van Decker, December 19, 2008
SOURCE Clarity Systems Limited