Top 10 EPM Software Vendors and Market Forecast 2015-2020

Worldwide EPM Applications Market to reach $2.8 billion by 2020, compared with $2.2 billion in 2015 at a compound annual growth rate of 4.8%.


In 2015, the top 10 EPM software vendors accounted for nearly 70 percent of the global Enterprise Performance Management (EPM) applications market which grew 5% to approach nearly $2.2 billions in license, maintenance and subscription revenues, slightly above our previous projection.

Last year Oracle led the pack with 26% market share and $580 million in EPM product revenues, riding on a 3% jump in license, maintenance and subscription revenues. SAP was No. 2 achieving 19% share, IBM was the third at 16% and Anaplan and Tagetik were fourth and fifth place with 2% and 2%, respectively.

Top 10 EPM Software Vendors & 2015 EPM Applications Market Shares
Top 10 EPM Software Vendors & 2015 EPM Applications Market Shares

Through 2020, the EPM Applications market is expected to reach $2.8 billion by 2020, compared with $2.2 billion in 2015 at a compound annual growth rate of 4.8%.

Exhibit 2: Worldwide EPM Applications Market 2015-2020 Forecast, $B
Year201520202015-2020 CAGR, %

Source: Apps Run The World, June 2016

EPM Market Definitions And Forecast Assumptions

Enterprise Performance Management (EPM) applications are designed for a range of budgeting, forecasting and planning business processes that span multiple functional areas from finance to sales.

Specific applications modules include budgeting, planning and forecasting, financial consolidation, capital expenditure planning, activity-based costing, zero-based budgeting as well as sales and revenue forecasting.

EPM applications revenues represent a major contributor to the Enterprise Resource Planning market as part of our market sizing exercise.

EPM is moving beyond the finance operations to tackle a full range of budgeting, forecasting and planning challenges with Cloud apps that aim to address Excel-based EPM shortcomings for sales, human resources and operational executives.

Top 10 EPM Software Vendors

Here are the rankings of the Top 10 EPM software vendors and their market shares in 2015.

RankVendor2014 EPM Software Revenues, $M2015 EPM Software Revenues, $MYoY Growth2015 EPM Market Share, %Recent Developments
1Oracle Subscribe Subscribe3%26%Oracle’s ERP, EPM, & SCM Cloud business has over 2,800 customers. Oracle has trumpeted its EPM Cloud Service a key differentiator over other ERP vendors because of easy on-ramp, lower IT resource requirements and accelerated time to value.
2SAP Subscribe Subscribe23%19%In May 2016, SAP reaffirmed its chief value proposition as an all-encompassing platform by putting its BI, predictive analytics and EPM products under the familiar BusinessObjects brand.
3IBM Subscribe Subscribe-4%16%IBM is aligning its EPM offerings from Cognos with its overall vision on cognitive computing led by Watson Analytics.
4Anaplan Subscribe Subscribe89%2%Ramped up predictive analytics capabilities for its EPM offerings as installed base topped 80,000 users.
5Tagetik Subscribe Subscribe29%2%Added 147 customers in 2015 to result in a total of over 850 as Tagetik opened new offices across Europe.
6Host Analytics, Inc. Subscribe Subscribe32%1%Strong push into the Hyperion replacement market with its Cloud EPM apps.
7Adaptive Insights Subscribe Subscribe44%1%Customer list grow beyond 3,000 for its Cloud-based EPM apps.
8Tidemark Subscribe Subscribe33%1%Tidemark advanced in 2015 with the signing of bigger acounts including one Fortune 50 company for its Cloud EPM apps.
9Workiva Subscribe Subscribe27%1%Workiva projects ~25% growth in revenue in 2016. Workiva had 2,557 customers as of March 31, 2016, a net increase of 267 customers from March 31, 2015. Its customers include 65% of the Fortune 100 and more than 65% of Fortune 500 companies.
10Infor Subscribe Subscribe0%1%Infor is positioning its EPM products as d/EPM for enhanced decision support that comes with an attractive user interface and tight integration into its ERP apps as well as a new generation of Cloud apps designed for vertical industries like apparel.
Subtotal Subscribe Subscribe9%70%
Other Subscribe Subscribe-3%30%
Total Subscribe Subscribe5%100%

Source: Apps Run The World, June 2016

Exhibit 4 shows the enterprise applications market by functional area. The highest growth functional markets revolve around smaller segments like eCommerce, Enterprise Performance Management (EPM), Sales Performance Management (SPM) and Treasury and Risk (TRM), where first movers remain less established than those that for decades have been entrenched in functional areas like ERP, CRM and PLM.

Exhibit 4: Worldwide Enterprise Applications Market Forecast 2015-2020, By Functional Market, $M

Exhibit 4 Worldwide Enterprise Applications Market Forecast 2015-2020, By Functional Market, $M
Exhibit 4 Worldwide Enterprise Applications Market Forecast 2015-2020, By Functional Market, $M

EPM Win/Loss Analysis As Part Of Enterprise Applications Buyer Insight Customer Database

On the buyer side, customers are investing in EPM applications based on new features and capabilities that are expected to replace their existing legacy systems. In many cases, competitive upgrades and replacements that could have a profound impact on future market-share changes will become more widespread.

Since 2010, our global team of researchers have been studying the patterns of the latest EPM software purchases by customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.

Updated continuously, our database features extensive win/loss analysis. Each year our research team identifies tens of thousands of these EPM customer wins and losses from public and proprietary sources.

The research results are being incorporated into regular updates in our Enterprise Applications Buyer Insight Customer Database. You can access the Quarterly Win/Loss Analysis Scoreboard and our Enterprise Applications Buyer Insight Customer Database by becoming a subscriber.


VendorCustomer WinIndustryNo. of employeesRevenue, $MOld ProductNew ProductWins in
Adaptive InsightsApplied MicroSemiconductors600170Microsoft ExcelAdaptive Insights CPM3Q15
Adaptive InsightsBDO CanadaAccounting643006370Microsoft ExcelAdaptive Insights CPM3Q15
Adaptive InsightsGentivaHospital & Health Care150002000Oracle PeopleSoft EPMAdaptive Insights CPM3Q15
Adaptive InsightsPlanned Parenthood Federation of AmericaHospital & Health Care42001300Legacy SystemAdaptive Insights CPM2Q16
Adaptive InsightsThe Leukemia & Lymphoma SocietyNonprofit Organization Management2200400Legacy SystemAdaptive Insights CPM2Q16
AnaplanAvivaFinancial Services3000021000Oracle Hyperion EPMAnaplan CPM2Q13
AnaplanBritvicConsumer Goods30001350Legacy SystemAnaplan CPM2Q14
AnaplanKimberly ClarkConsumer Goods4300018400Oracle Hyperion Financial ManagementAnaplan CPM1Q14
AnaplanMotorolaConsumer Electronics130005660Oracle Hyperion EPMAnaplan CPM1Q15
AnaplanTableauComputer Software3500660Legacy SystemAnaplan CPM3Q15
Host Analytics, Inc.23andMe, IncBiotechnology35085Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.Bloomin’ Brands, Inc.Restaurants1000004340Oracle Hyperion EPMHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.Demandbase, IncMarketing and Advertising24050Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.HaggarApparel & Fashion1100220Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.Hilcorp Energy CompanyOil & Energy1350500Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.McKinley IrvinLaw Practice18025Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.MedroboticsMedical Devices12015Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.Mesa Air Group, IncAirlines and Aviation28001400Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.PercolateComputer Software29320Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.QuickenFinancial Services130002700Legacy SystemHost Analytics Cloud EPM Suite1Q16
Host Analytics, Inc.Relypsa, IncBiotechnology40090Oracle Hyperion EPMHost Analytics Cloud EPM Suite1Q16
IBMAnheuser-Busch InBevConsumer Products15000043600Legacy SystemIBM Emptoris2Q15
InforFerrariAutomotive35003270Legacy SystemInfor LN, Infor ION, Infor Warehouse Mobility, Infor Sales & Operations Planning1Q16
InforKempinskiHospitality240001700Legacy SystemInfor d/EPM1Q16
InforKoninklijke KentalisHospital & Health Care40001100Legacy SystemInfor EAM2Q16
InforNew York MTATransportation, Trucking and Railroad4500021451Oracle PeopleSoft EPMInfor d/EPM2Q16
InforValmetMachinery123003300Oracle Hyperion Financial ManagementInfor LN, Infor ION, Infor Ming.le, Infor d/EPM, Infor Warehouse Mobility, Infor Field Service2Q16
OracleBukhatir GroupConstruction5000820Oracle Planning and Budgeting Cloud ServiceOracle EPM Cloud1Q16
OracleCanon Europa N.V.Discrete Manufacturing170001800Legacy SystemOracle Demantra1Q16
OracleFaculdade SumaréEducation Management650135Oracle Hyperion EPMOracle EPM Cloud1Q16
OracleKraft HeinzFood & Beverages4200022430Microsoft ExcelOracle EPM Cloud1Q16
OracleSunEdisonRenewables & Environment73002500Oracle Hyperion EPMOracle EPM Cloud3Q15
OracleWestern Alliance BancorpBanking1450570Microsoft ExcelOracle EPM Cloud1Q16
SAPConcho ResourcesOil & Energy21001803Legacy SystemSAP Business Planning and Consolidation4Q13
SAPLexmark InternationalInformation Technology and Services140003510Legacy SystemSAP Business Planning and Consolidation1Q16
SAPNew York Life Insurance CompanyInsurance1300028000SAP ERP ECC 4.6SAP EPM, SAP Simple Finance On HANA4Q15
SAPPeople Electric Appliance GroupElectrical/Electronic ManufacturingLegacy SystemSAP Enterprise Support services1Q16
SAPPrinces FoodsConsumer Products80002390Legacy SystemSAP BPC1Q16
SAPSABMiller EuropeFood & Beverages6900022130Legacy SystemSAP Business Planning and Consolidation2Q15
TagetikCarboniteComputer Software611152TableauTagetik Cloud2Q15
TagetikChina Life InsuranceInsurance9882318000Oracle Hyperion EPMTagetik EPM4Q15
TagetikDamianiLuxury Goods & Jewelry620155Legacy SystemTagetik Cloud1Q16
TagetikDolce & GabbanaLuxury Goods & Jewelry33001070Oracle Hyperion EPMTagetik Cloud2Q15
TagetikLiu JoApparel & Fashion520130Legacy SystemTagetik Cloud2Q15
TagetikNational General Insurance CompanyInsurance32002340Microsoft ExcelTagetik Cloud1Q16
TagetikNature’s WayFood Production40050Oracle Hyperion EPMTagetik EPM4Q15
TagetikPosteVitaInsurance35065SAP BPCTagetik Cloud2Q15
TagetikRepsolOil & Energy2400050000SAP BPCTagetik EPM4Q15
TagetikSevern TrentUtilities55001800Oracle Hyperion EPMTagetik Cloud2Q15
TagetikTeamViewerComputer Software30055Legacy SystemTagetik Cloud2Q15
TagetikThe Rockefeller FoundationPhilanthropy25035Oracle Hyperion EPMTagetik Cloud2Q15
TagetikTom Ford InternationalApparel & Fashion600130Legacy SystemTagetik Cloud1Q16
TagetikValeant CanadaPharmaceuticals1750010400Oracle Hyperion Financial ManagementTagetik Cloud1Q16
Talentia SoftwareGroupe SOMDIAAFood Production150004000Legacy SystemTalentia’s CPM1Q15
Talentia SoftwareScott BaderChemicals600150Legacy SystemTalentia’s CPM1Q15
Talentia SoftwareSerfimEnvironmental Services40001200Legacy SystemTalentia’s CPM1Q15
Talentia SoftwareThe Welcoop GroupMedical Practice1870900Legacy SystemTalentia’s CPM1Q15
TidemarkAir France BlueLinkConsumer Services1100300Legacy SystemTidemark EPM1Q16
TidemarkDominion EnterprisesMarketing and Advertising30001200Legacy SystemTidemark EPM4Q15
TidemarkG6 HospitalityHospitality100001200Legacy SystemTidemark EPM4Q15
TidemarkStanford UniversityHigher Education115004100Legacy SystemTidemark EPM4Q15
TidemarkVeolia EnvironnementEnvironmental Services17900024960Legacy SystemTidemark EPM2Q15
WorkivaAmerican Enterprise GroupInsurance450100Legacy SystemWorkiva SOX Compliance Solution4Q15
WorkivaAon CorporationFinancial Services7200011610IBM Cognos TM1 for Budgeting, Forecasting and Management ReportingWdesk2Q16
WorkivaBel FuseElectrical/Electronic Manufacturing7970545Legacy SystemWdesk2Q16
WorkivaCasey’s General Stores Inc.Food & Beverages160007100Legacy SystemWorkiva SOX Compliance Solution4Q15
WorkivaClouderaComputer Software2500850Legacy SystemWdesk2Q16
WorkivaDonegal GroupInsurance900650Legacy SystemWdesk2Q16
WorkivaHawaiian ElectricCapital Markets39002520Legacy SystemWdesk2Q16
WorkivaJLL Income Property Trust,Commercial Real Estate600006000Legacy SystemWdesk4Q15
WorkivaNew York Life Insurance CompanyInsurance1300028000Bwise, SAP BPCWdesk1Q16
WorkivaNoodles & CompanyRestaurants7000300Legacy SystemWorkiva SOX Compliance Solution4Q15
WorkivaPioneer Energy Services Corp.Oil & Energy1300541Legacy SystemWdesk4Q15
WorkivaRepublic Airways Holdings Inc.Airlines/Aviation60001350Legacy SystemWdesk4Q15
WorkivaUpland SoftwareTechnology34270Legacy SystemWdesk4Q15
WorkivaWestern Alliance BancorporationBanking14641600Legacy SystemWorkiva SOX Compliance Solution4Q15

Source: Apps Run The World

Further Readings

An expanded version of this report covers the top 40+ EPM Software vendors, offering in-depth analysis of the market dynamics, vendors’ Strengths, Customers, Opportunities, Risks and Ecosystems as well as their ability to gain Shares (SCORES) within their respective space.

We also offer win-loss analysis of the quarterly EPM wins of these top 10 EPM vendors and whether incumbents and upstarts pose any real threat to their standing amid shifting market requirements and user preferences.

More Enterprise Applications Research Findings

Based on the latest annual survey of 3,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 500 largest Enterprise Applications Vendors (Apps Top 500) and the world’s 500 largest Cloud Applications Vendors (Cloud Top 500) ranked by their 2014-2015 product revenues.

Their 2015 results are being broken down, sorted and ranked across 16 functional areas(from Analytics to Treasury and Risk Management) and by 21 vertical industries(from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 100,000 organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.