Board rated as a Market Leader with the Best Portfolio Capabilities in Integrated Planning & Analytics by BARC
The position was achieved in both the Global and DACH BARC Score 2022 reports
Board International, the number one Decision-Making Platform provider, announces today it has been rated Market Leader, in the Integrated Planning & Analytics scores of the Business Application Research Center (BARC) achieving the highest score in the portfolio capabilities axis which reflects functional and architectural criteria.
The BARC report defines Market Leaders as “well-established vendors that drive strong market adoption, supported by technology innovation and strategic acquisitions and by leveraging robust account management and a solid track record.”
Vendors are evaluated on two dimensions: Portfolio Capabilities and Market Execution. Each represents one axis on the BARC Score. Ratings are determined using a combination of scores for capabilities such as planning and forecasting, ease of use for business users, portfolio evaluation, product strategy, and customer satisfaction.
The report's overall description of Board called out the following strengths:
- Flexible, fully web-based CPM and analytics product with tightly integrated system architecture of proprietary multidimensional in-memory database and front ends.
- Graphical and coding-free development environment for business power users to create tailored CPM and analytics applications.
- Comprehensive planning, budgeting, and forecasting functionality for all kinds of planning approaches (top-down, bottom-up, or combinations of both). Customers can address various workflow-based planning topics on one common platform with different aggregation levels for an integrated corporate planning approach.
- Comprehensive BI and analytics functionality for dashboards, reporting and analysis. Integrated predictive and advanced analytics capabilities (Board BEAM) as well as a native R connector to exchange Board data with an R server to execute AI/ML algorithms and to run R scripts from Board procedures.
“I am pleased with this latest BARC Score positioning, especially with such a high rating in portfolio capabilities which reflects the robustness of the Board platform,” comments Marco Limena, CEO of Board International. “A comprehensive and robust solution like Board can make a substantial difference in companies’ performances, especially in an increasingly unpredictable market in which is essential for organizations to plan, budget, and forecast more rapidly, frequently, and flexibly than ever before”
BARC (Business Application Research Center) is one of Europe’s leading analyst firms for business software, focusing on the areas of data, business intelligence (BI) and analytics, corporate performance management (CPM), enterprise content management (ECM) and customer relationship management (CRM). The company was founded in 1999 as a spin-off of the Chair of Business Administration and Information Systems at the Julius-Maximilians-University in Würzburg. Today, BARC combines empirical and theoretical research, technical expertise and practical experience, including a constant exchange with all market participants.
Board is the #1 Decision-Making Platform, empowering people to have a transformative impact on their business by helping them to intuitively leverage their data in a flexible, all-in-one environment. Unifying Planning, Predictive Analytics, and Business Intelligence, the Board platform allows companies to produce a single, accurate view of business information, gain actionable insights, and achieve full control of performance across the entire organization. Using Board, global enterprises such as H&M, BASF, Burberry, Toyota, Coca-Cola, KPMG, and HSBC have digitally transformed their decision-making processes.
Founded in 1994, and now with 25 offices worldwide, Board International has long been recognized by leading analysts and subject matter experts including Gartner, Nucleus, and Dresner.