San Ramon, Calif. – June 27, 2012 - Ventana Research has released its 2012 Value Index for Total Compensation Management, the latest in a new category of quantified, research-based Indexes on technology vendors and products. This new Value Index provides guidance that will enable organizations to ascertain the value of software that enables and supports Total Compensation Management. Using the Value Index, businesses and their customer service, operations, finance and IT organizations will be able to evaluate vendors and their products as well as make choices based on an understanding of how well existing and new offerings satisfy their needs.
The technology vendors earning the highest "Hot" and "Warm" Vendor classifications are those that Ventana Research certifies best deliver buyer value based on a thorough evaluation and audit - that is, based on research and verifiable facts. The Value Index is not just a selection of "cool" products, and rather than merely representing a vendor on a four-quadrant chart, the Index provides specific thermometer readings, both overall and component metrics, for a technology buyer to consider. Organizations can use the Value Index by first determining their priorities and then consulting the Index to determine which vendors best meet those needs.
In the 2012 Value Index for Total Compensation Management, the company delivering the highest value on an overall weighted-evaluation basis is SuccessFactors, followed closely by Peoplefluent and SumTotal Systems with Oracle, Excentive and ADP also earning the Hot Vendor rating.
“This year’s Value Index for Total Compensation Management was highly competitive, with a set of mature vendors competing for the ‘hottest vendor’ title,” said Mark Smith, CEO & Chief Research Officer at Ventana Research. “Many of the vendors and their respective products have advanced significantly over the last 18 months. An increase in the number of quarterly releases has resulted in significant advancement in evaluation areas including usability and capabilities. Congratulations to all vendors who worked hard to best represent their products in the submission process.”
This new research-based undertaking is fully independent. It is neither sponsored nor influenced by technology vendors and is conducted solely in pursuit of Ventana Research's mission to provide value to business and IT through benchmark assessments, workshops and advisory services. Ventana Research's goal is to guide organizations to optimal efficiency in their use of technology investments for business and IT. To learn more about the Value Index for Total Compensation Management, please visit: http://www.ventanaresearch.com/tcmvalueindex/.
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana OnDemand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.
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To learn how Ventana Research advances the maturity of organizations’ use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.
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