Vena Solutions is Vendor of Merit in Business Planning Buyers Guide

We are happy to share some insights about Vena Solutions 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 Vena Solutions 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 Vena Solutions as a vendor of Merit, receiving an overall grade of B+ with a 74.6% performance. Vena’s best grouped results came in Customer Experience at 85.7% performance and an A- grade due in part to its A- in TCO/ROI and Validation. In Product Experience, Vena received a B+ grade with a 71.0% performance due to its 78.3% performance in Adaptability. Vena Solutions fully participated in the RFI process. 

Vena Solutions’ B+ grade in Product Experience was impacted by its B- in Usability where it could improve its accessibility. Customer Experience was impacted by its A- grade in TCO/ROI where it could improve its support for prospective customers in presenting the strategic value from investing in its software.  

Vena Solutions performed best in Customer Experience with an A- grade, notably in Validation, receiving an A- due to is customer commitment, references and case studies. In Product Experience, support for process integration led to its B++ in Adaptability, its B++ in Manageability was due to its privacy and security and its technology architecture led to its B++ in Reliability. 

This assessment was based on xP&A, v. Spring ‘23, released June 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.