by Shelby Klingerman, Content Curator|
Gartner, a global research and advisory firm that provides advice and tools for leaders in IT, Finance, HR, and more, has named Oracle ERP Cloud as a leader in Cloud Core Financial Management Suites.
Gartner developed “Magic Quadrant” as an aid to help leaders in midsize, large and global enterprises choose a suitable vendor of cloud solutions during this shift from on-premises to cloud implementations. The Magic Quadrant measures financial management suites based on their ability to execute and completeness of vision.
Based on the measurements, suites fall into one of these four quadrants:
- Niche players: Low ability to execute; low completeness of vision
- Visionaries: Low ability to execute; high completeness of vision
- Challengers: High ability to execute; low completeness of vision
- Leaders: High ability to execute; high completeness of vision
Oracle ERP Cloud was one of only three that fell into the Leaders quadrant, ranking highest in the ability to execute and tied for highest for completeness of vision. Oracle NetSuite was also one of the three suites placed in the Leaders quadrant.
To find out more about the Magic Quadrant and the criteria behind the placements, check out the full report from Gartner here.
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