Dresner Advisory Services Celebrates Application Innovation Excellence

Dresner Advisory Services Unveils New Award Series

New Award Series Honors Top-Ranked Vendors in Wisdom of Crowds Performance Applications Market Studies

Dresner Advisory Services proudly announces a significant milestone in the realm of performance applications with the introduction of its Application Innovation Awards. These awards aim to recognize the leading vendors identified in the esteemed Wisdom of Crowds series of applications-focused thematic market studies.

Understanding the Awards and Their Significance

This innovative award series is a product of comprehensive research based on feedback from end users. By emphasizing real-world perspectives, Dresner provides invaluable insights into various capabilities essential for success in the applications landscape. The reports delve into current deployment trends, user intentions, application requirements, and core industry functionalities.

Howard Dresner, the founder and chief research officer at Dresner Advisory Services, expressed enthusiasm about the expansion of research efforts beyond traditional performance applications. “Our commitment to exploring the wider performance applications market is unwavering. Our studies shine a spotlight on top providers that excel not only in finance but also in complementary areas such as supply chain management, sales performance, and workforce solutions,” he stated.

Celebrating the Winners

The winners for the 2024 Applications Innovation Awards were selected from various application categories. Each category reflects essential functions and capabilities that businesses leverage to enhance operational efficiency and strategic alignment. The detailed recognition was bestowed upon several outstanding vendors as follows:

Environment, Social, and Governance Reporting

For this category, which includes tools and processes for creating non-financial reports reflecting a company’s societal and environmental impacts, the award went to Wolters Kluwer. Their commitment to transparency and sustainable practices significantly influenced their win.

Financial Consolidation, Close Management, and Reporting

This area highlighted solutions facilitating a complete financial view while managing the closing process. The winners were Wolters Kluwer and Planful, both recognized for their innovation and reliability in financial analytics.

Financial Reporting Excellence

Tools that enable in-depth analysis of financial data received accolades in this category. Wolters Kluwer, Prophix, Planful, and insightsoftware emerged as champions, offering robust capabilities for financial reporting and decision-making.

Sales Performance Management

The award for enhancing sales performance went to Wolters Kluwer again, showcasing their expertise in equipping sales organizations with essential tools for success.

Supply Chain Planning

Palantir was acknowledged for its innovative approaches in this critical area. Their tools provide insights for efficient product planning, ensuring market demands are met thoughtfully.

Workforce Planning

In a competitive area focused on aligning human resources with business goals, winners Unit4 and Vena were recognized for their tools that foster strategic workforce analysis and planning.

Journey Toward Data-Driven Performance

The Wisdom of Crowds research methodology plays a pivotal role in establishing a comprehensive view of market realities. Involving users across various roles and industries, this extensive data collection enables Dresner to capture a holistic picture of product usage and vendor performance. The findings are not only valuable for vendors but also benefit organizations aiming to make informed decisions in their performance applications.

About Dresner Advisory Services

Dresner Advisory Services, founded by Howard Dresner, is renowned for its prominent position in Business Intelligence (BI) and Performance Management. The focus is on developing and disseminating thought leadership that helps organizations navigate the complexities of performance applications effectively.

Contact Information

For further inquiries, please reach out to Danielle Guinebertiere at Dresner Advisory Services. They remain committed to fostering innovation and excellence in the performance applications space.

Frequently Asked Questions

What are the Application Innovation Awards?

These awards are established to recognize outstanding vendors in the performance applications market based on comprehensive user research.

Who were the winners of the 2024 Application Innovation Awards?

Notable winners included Wolters Kluwer, Planful, Palantir, Unit4, and Vena, recognized for their contributions in respective categories.

What categories were included in the awards?

The awards covered categories such as Environment, Social, and Governance Reporting, Financial Consolidation, and Workforce Planning, among others.

Who founded Dresner Advisory Services?

Dresner Advisory Services was founded by Howard Dresner, a notable figure in the fields of Business Intelligence and Performance Management.

Where can I find more information about the awards and Dresner's research?

Additional insights and details about the awards and research can be found on the official Dresner Advisory Services website.

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