Press release
Cloud Financial Planning and Analysis Market May See a Big Move | Prophix, IBM, OneStream Software
Cloud Financial Planning and Analysis Market
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Summary
Global Cloud Financial Planning and Analysis Market Overview:
Cloud Financial Planning and Analysis (FP&A) is a decision-making platform that includes reporting, analysis, planning, budgeting, forecasting, and financial modeling. FP&A process complexity is higher compared to traditional transactional processes. Cloud FP&A enables organizations to have integrated financial reporting and consolidation solutions anywhere anytime worldwide. This cloud-based FP&A enables users to use all the benefits of the cloud without the cost or overhead of owning an on-premise custom application. It helps in financial planning & analytics for budgeting and forecasting, departmental expense planning, workforce planning, currency translation, and much more due to this benefits the demand for cloud financial planning and analysis (FP&A) has increased rapidly from the last few years. Some of the key players profiled in the study are Workiva (United States), Workday, Inc. (United States), Prophix, Inc. (United States), IBM Corporation (United States), OneStream Software LLC (United States), Wolters Kluwer N.V. (Netherlands), Anaplan (United States), Oracle Corporation (United States), SAP SE (Germany), BOARD International S.A. (Switzerland), Axiom Software Solutions Limited (United States), Longview (Canada), Jedox AG (United States), Centage Corporation (United States), Vena Solutions Inc. (Canada), DataRails Ltd. (United States), Host Analytics Inc. (United States), Kepion (United States), Infor (United States), SigmaConso SA (Belgium) and CP Corporate Planning AG (Germany).
On the basis of geography, the market of Cloud Financial Planning and Analysis has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Planning [Budgeting, Forecasting] will boost the Cloud Financial Planning and Analysis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry, the sub-segment i.e. IT will boost the Cloud Financial Planning and Analysis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Large Enterprise will boost the Cloud Financial Planning and Analysis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform, the sub-segment i.e. Software-as-a-Service (SaaS) will boost the Cloud Financial Planning and Analysis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Artificial Intelligence (AI) will boost the Cloud Financial Planning and Analysis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cloud Type, the sub-segment i.e. Public Cloud will boost the Cloud Financial Planning and Analysis market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/2780505-global-cloud-financial-planning-and-analysis-market
Market Drivers
Increasing Financial Planning and Analysis Activities
Ease to Monitoring Working Capital and Cash Flow in Organizations
Growing Need to Have Statistical Analysis to Measure and Plan Business Operations
Market Trend
Proliferation of ”Big Data” and Associated Analytics
Restraints
Lack of Continuous On-Demand Planning and Forecasting
Opportunities
Better Management of Expenses and Risk Analysis
Heavy Investment in Cloud FP&A by End User Industry
Accelerating Shift from Mature On-premises Offerings to Cloud Solutions
Challenges
Lack of Skilled FP&A Professionals
In August 2018, Workday, Inc. completed the acquisition of Adaptive Insights, a leading cloud-based company for modernizing business planning. With this acquisition, Workday customers will be equipped to better plan, execute, and analyze across the enterprise in one cloud platform to drive their financial and business transformations.
The cloud financial planning and analysis market is seen to be highly competitive due to the growing adoption of cloud FP&A and the presence of a limited number of vendors in the market to compete. According to AMA research, the intense competition, changing consumer spending patterns, technological evolutions, and frequent changes in consumer preferences pose significant opportunities for the growth of the cloud FP&A market.
Target Audience:
ew Entrants/Investors, Analysts and Strategic Business Planners, Cloud Financial Planning and Analysis Manufacturer, Cloud Service Providers, Financial Planning Institutes, Government Regulatory and Research Organizations and End User Industries
Major Objectives Focused through this Study
• To define, describe, and forecast the Global Cloud Financial Planning and Analysis market on the basis of product [Solution and Service] , application [], key regions and end user
• To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
• To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
• Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
• To provide market size for various segments of the Cloud Financial Planning and Analysis market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
• To strategically profile the key players and analyzing their market shares and core competencies in the Cloud Financial Planning and Analysis industry
• To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Cloud Financial Planning and Analysis market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Strategic Points Covered in Table of Content of Global Cloud Financial Planning and Analysis Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Cloud Financial Planning and Analysis Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary – the basic information of the Global Cloud Financial Planning and Analysis Market Insights by Application, Product Type, Competitive
....Continued
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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