Market Perspectives

Anaplan is Exemplary in Business Planning Buyers Guide

Written by Ventana Research | Oct 24, 2023 12:00:00 PM

We are happy to share some insights about Anaplan drawn from our latest market research, Ventana Research Buyers Guide: Business Planning, which assesses how well vendors’ offerings meet buyers’ requirements.

In all of our Buyers Guides, we utilize a structured research methodology called the Value Index that includes evaluation categories designed to reflect real-world criteria incorporated in a request for proposal (RFP) and vendor selection process. We evaluated Anaplan and 12 other vendors in seven categories, five relevant to the product (adaptability, capability, manageability, reliability and usability) and two related to the vendor (TCO/ROI 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 experience and on data derived from our benchmark research on business planning.

Our analysis classified Anaplan as an Exemplary vendor, receiving an overall grade of A- with an 86.1% performance. Anaplan’s best grouped results came in Customer Experience at 89.9% performance and A grade due in part to its A in Validation. In Product Experience, Anaplan received an A- with an 84.9% performance due to its 82.8% performance in Capability. Anaplan was designated a Leader in Capability, TCO/ROI, Validation and Usability. Anaplan fully participated in the RFI process.

Anaplan’s A- grade in Product Experience was impacted by its A- grade in Usability and A- in Capability where it could enhance its application of NLP and facilitate establishing and reviewing performance indicators. Anaplan is a Leader in Customer Experience, but its A grade in TCO/ROI could have been higher with more depth.

Anaplan performed best in Customer Experience with an A grade, notably in Validation, receiving an A due to its product roadmap and customer commitment. In Product Experience, it received an A grade and scores high relative to other vendors in Manageability and Reliability because of its depth of information.

This assessment was based on Anaplan, v. August 2023 released August 2023.

This research-based guide 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 Buyers Guide by clicking here and included vendors that wish to learn more can click here. Read the report here.