Ventana Research is sharing insights about Anaplan, drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements. The 2022 Ventana Research Value Index: Business Planning is a distillation of a year of market and product research efforts.
In all of our Value Indexes, we utilize a structured research methodology that includes evaluation categories designed to reflect real-world criteria incorporated in a request for proposal and vendor selection process for business planning. We evaluated Anaplan and 13 other vendors in seven categories, five relevant to the product (Adaptability, Capability, Manageability, Reliability and Usability) and two related to the vendor (Total Cost of Ownership/Return on Investment and Vendor Validation). To arrive at the Value Index rating for a given vendor, we weighted each category to reflect its relative importance in an RFP process, with the weightings based on our expertise and research.
Anaplan’s software, available in the cloud, supports what it calls Connected Planning, an approach that brings together people and data for analysis and decision-making in rapidly changing business environments.
Anaplan was categorized as an Exemplary Vendor, ranking fifth overall in this Value Index evaluation. It ranked sixth in Product Experience – where it was designated as a Value Index Leader in Manageability. It scored above average in Capability, and ranked fifth in Adaptability. It ranked first in Customer Experience, and was a Value Index Leader in TCO/ROI and Validation. Anaplan’s overall performance was impacted by lower rankings in Reliability and Usability.
Our assessment finds that Anaplan could perform better in Usability, where it ranked seventh, by examining its ability to support a variety of approaches to access planning. In Reliability, where it ranked eighth, the vendor could improve the level of depth provided in how it manages and measures its performance. This assessment was based on the Anaplan Platform, available as of September 2021.
As a result of the rapidly changing business landscape since 2020, and the need to quickly – and intelligently – change business plans and budgets to be agile and build resiliency, many organizations have decided to adopt dedicated software to support a planning approach that offers speed and flexibility. Transforming how organizations plan and budget has become a top-of-mind issue for chief financial officers and CEOs. Our Value Index can help organizations make better informed decisions on software that is best suited to business needs.
This research-based index is the most comprehensive assessment of the value of business planning software in the industry. Technology buyers can learn more about how to use our Value Index by clicking here, and included vendors that wish to learn more can click here. Read the report here.