BPM Partners: Cloud is “Clearly the Future” of Performance Management
May 19, 2014
Grazed from Business2Community. Author: Nicholas Mukhar.
In its latest “Performance Management Study: Spotlight on Cloud and Mobile,” BPM Partners found further evidence that cloud-based software applications are “clearly the future” of the corporate performance management industry. What’s more, the leading independent authority on business performance management also found that cloud CPM is already in heavy use particularly among high-end midmarket companies worldwide. Below are some key takeaways from the report.
A Shift to the Cloud
More than 60% of the 300 survey responses from finance professionals, ranging from BPM Partners: Cloud is “Clearly the Future” of Performance Management image shift editsmall to enterprise businesses in a wide range of vertical industries worldwide, said they would consider cloud-based solutions when selecting performance management systems. BPM has asked this question through the history of the survey. According to the report, there has been a, “gradual shift toward cloud-based solutions…
Finance departments lead 80 – 90% of CPM projects according to the report, signaling an increasing demand for more intuitive and collaborative cloud-based tools from the business finance world…
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