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Enterprise Performance Management Market - Growth, Trends, Forecasts (2020-2025)

  • ID: 5026060
  • Report
  • June 2020
  • Region: Global
  • 127 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Anaplan Inc.
  • Capgemini SE
  • HCL Technologies Limited
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • MORE
The market is expected to grow at a CAGR of 8.46% during the forecast period. The growth of the market can be attributed to the need for minizmizing operational expenses. Further, the increasing regulatory requirements owing to the increasing volume and sensitive nature of data being generated across industries is prompting deployment of EPM software.
  • To comply with the changing regulations, AirAsia Group Bhd group recently deployed EPM software to facilitate its global account reconciliation. The software deployed will also enable organization to manage, and publish its financial, regulatory, and management reports.
  • Further, the integration of Robotic Process Automation Tools in enterprise performance management is one of the key EPM market trends that is influencing growth. The integration of RPA in the enterprise’s performance management processes will enable employees to focus more on core operations. UiPath and Oracle recently collaborated to combine powerful RPA of the former with Oracle’s cloud platform and business applications in order to streamline critical workflows and processes.
  • COVID-19 is expected to have a positive impact on the market studied. Since the financial disruption caused to some of the business is unprecedented, the companies are expected to deploy EPM softwares for such business imapct analysis. With many companies like TCS already planning to restructure business processes, remote performance management mdules are also expected to be added to the existing EPM Tools in the future.
Key Market Trends

BFSI Sector is Expected to Account for a major Portion of the Market Share
  • Companies in the BFSI sector are increasingly deploying EPM applications to enable financial planning and budgeting processes streamlining.Blue Link ERP Launched the Financial Report Writer in Aug 2019 that is expected to aid its deployment in the BFSI sector.
  • The introduction of cloud based bespoke solutions have enabled the wider deployment of EPM solutions across the industry. Oracle offers SAP S/4HANA Finance that is an ERP financial management and accounting software solution that covers everything starting from financial planning and analysis to treasury management and collaborative finance operations.
  • Verdigris Holdings, in March 2020 launched a Banking Software for small - and medium-sized financial institutions (FIs) called Verdigris Commercial. The increase digitization of small financial institutions is expected to further proliferate market growth.
Asia - Pacific is Expected to be the Fastest Growing Market
  • The market growth is expected to be driven by the growth of the end user segments.The retail and eCommerce vertical is expected to hold the largest market size in the region during the forecast period. According to a report from The Economist, the cloud-computing business of the Chinese e-commerce behemoth grew by 126%, to USD 675 million and is unlikely to slow soon. To keep up with the growing demand Amazon Web Services, in collaboration with NWCD opened its second Chinese cloud computing zone, its 17th around the world.
  • Further, the growing 5G networks is expected to aid remote deployment of such software in end user segments like banking. The Telecom Regulatory Authority of India has proposed the sale of 20 MHz blocks initially and plans to increase it to three-fold to 7.5 million route kilometres by 2022.
  • Besides, China’s government has launched the “Made in China 2025” initiative, for improving the country’s manufacturing competitiveness. The goal of upgrading the nation’s manufacturing capacity, is expected to lead to higher deployment of such software.
Competitive Landscape

The competitive landscape of the market remains dynamic. In order to aid better performance management of their customers, the vendors have been continually adding new modules to their existing solutions.
  • May 2019 - Host Analytics, a leading player offering connected financial planning and close solutions, launched a new solution integration with Blackline, in order to accelerate and automate the financial close, consolidation, and reporting process for midsized and large enterprises.
Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

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FEATURED COMPANIES

  • Anaplan Inc.
  • Capgemini SE
  • HCL Technologies Limited
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • MORE
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Need for Minimizing Operational Expenses
4.2.2 Proliferation of Data Driven Decision Making
4.3 Market Restraints
4.3.1 Lack of Awareness and Knowledge Among Enterprises
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
4.5 Industry Value Chain Analysis
4.6 Assessment of Impact of Covid-19 on the Industry

5 MARKET SEGMENTATION
5.1 Deployment
5.1.1 On-premise
5.1.2 Cloud
5.2 Size of Enterprise
5.2.1 Small and Medium
5.2.2 Large
5.3 End-user Industry
5.3.1 BFSI
5.3.2 Telecommunication
5.3.3 Healthcare
5.3.4 Manufacturing
5.3.5 Other End -user Industries
5.4 Geography
5.4.1 North America
5.4.2 Europe
5.4.3 Asia-Pacific
5.4.4 Rest of World

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles*
6.1.1 IBM Corporation
6.1.2 SAP SE
6.1.3 CA Technologies (Broadcom Inc.)
6.1.4 Oracle Corporation
6.1.5 Capgemini SE
6.1.6 Anaplan Inc.
6.1.7 Workiva Inc.
6.1.8 HCL Technologies Limited
6.1.9 Adaptive Insights Inc. (Workday Inc.)
6.1.10 Vena Solutions
6.1.11 Talentia Software

7 INVESTMENT ANALYSIS

8 FUTURE OUTLOOK OF THE MARKET
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  • IBM Corporation
  • SAP SE
  • CA Technologies (Broadcom Inc.)
  • Oracle Corporation
  • Capgemini SE
  • Anaplan Inc.
  • Workiva Inc.
  • HCL Technologies Limited
  • Adaptive Insights Inc. (Workday Inc.)
  • Vena Solutions
  • Talentia Software
Note: Product cover images may vary from those shown

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