Top 10 EPM Software Vendors and Market Forecast 2016-2021

In 2016, the top 10 EPM software vendors accounted for nearly 78% of the global Enterprise Performance Management (EPM) applications market which grew 4.1% to approach nearly $2.3 billions in license, maintenance and subscription revenues, slightly above our previous projection.

Last year Oracle led the pack with a 27% market share and $609 million in EPM product revenues, riding on a 5% jump in license, maintenance and subscription revenues. In 2016, SAP was No. 2, followed by IBM, Workiva and Anaplan in that order. In 2015, the top five were Oracle, SAP, IBM, Anaplan and Tagetik (now part of Wolters Kluwer).

Through our forecast period, the EPM Applications market is expected to reach $2.9 billion by 2021, compared with $2.3 billion in 2016 at a compound annual growth rate of 4.8%.

Source: Apps Run The World, December 2017

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 2016.

Source: Apps Run The World, December 2017

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 2016-2021, 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.

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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.