Our partner, Workday, has been named a Leader in the IDC MarketScape: Worldwide Enterprise Planning, Budgeting, and Forecasting Applications for Midmarket Organizations 2024 Vendor Assessment, which was issued in late 2024.
The IDC study assessed vendors in the worldwide enterprise planning, budgeting and forecasting applications that focus on midmarket organizations. The evaluation is based on a “comprehensive and rigorous framework that assesses each vendor relative to the criteria and to one another.
Vendor requirements to be included in this report included:
- Have 50% of its enterprise planning, budgeting and forecasting applications revenue from the midmarket segment.
- Have business operations in two or more regions worldwide.
- Have market presence and momentum based on IDC inquiry volume.
Download this report to learn why:
- The latest functionality being added to enterprise planning, budgeting and forecasting applications is AI-/ML- and generative AI (GenAI)-based functionality.
- Applications continue to be enriched with improvements in collaboration and collective intelligence capabilities
- Market uncertainty and volatility have increased demand for more robust what-if or scenario planning and analysis capabilities.
Key Highlights on Workday:
Workday is in the Leaders category for this IDC MarketScape for its Workday Adaptive Planning offering. The report cites Workday’s strengths as:
- Workday Adaptive Planning is user-friendly for both data modelers and business users.
- There is a strong ecosystem of implementation partners (like us!).
- The software is feature-rich, with extensive planning, analytics and data management functionality.