Clarity Systems' Recognized in Visionaries Quadrant in Magic Quadrant for CPM Suites Report
By Clarity Systems Limited, PRNEWednesday, January 27, 2010
TORONTO, January 28 - Clarity Systems, a leader in corporate performance management (CPM) and
external reporting solutions, today announced that Gartner, Inc. had
positioned the firm in the 'Visionaries' section of the Magic Quadrant(TM)
for Corporate Performance Management Suites(1).
"We believe our positioning in the Magic Quadrant clearly makes us the
leading independent CPM specialist," said Mark Nashman, President and CTO,
Clarity Systems. "Companies that want a single, unified solution with a low
total cost of ownership rather than the patchwork of acquired applications
delivered by the mega-vendors are selecting Clarity Systems. This is
validated by our consistently top scores in customer satisfaction surveys
and 40 percent year-over-year growth in revenue," added Nashman.
Clarity Systems is the leading independent CPM specialist, providing
enterprises with a unified and open approach to CPM with its solutions,
Clarity 6 and Clarity FSR(TM). Clarity 6 is a single unified, web-based
solution to address financial budgeting, planning, forecasting,
consolidations, scorecarding and analytic needs. Clarity FSR is an
innovation for the Office of Finance that makes it easier to create and
submit external financial and regulatory reports such as annual and
quarterly reports, with unique integrated XBRL capabilities. Clarity FSR is
the only product of its kind on the market, and is helping to strengthen
Clarity's leadership in the CPM market.
"In early 2010 we will be launching Clarity 7, delivering new features
and even faster performance to the market, while we also continue enhancing
our truly unique external reporting solution, Clarity FSR," said Nashman."
And our global growth beyond North America and the UK is accelerating with
recent wins in France, Germany, Russia, Greece, Israel, South Africa,
Australia, Hong Kong, New Zealand, Indonesia, Singapore, Brazil, and Chile,
among others. This growth in sales and implementation coverage reinforces
our ability to compete for large, global CPM deals, providing enterprises
all over the world with a truly unified and open approach to CPM," he added.
Clarity Systems will be delivering industry insights and a host of
practical tools at its customer conference, Vision:10, during May in
Scottsdale, Arizona. Companies interested in hearing real-life user
experiences, industry overviews and attending educational workshops around
our visionary solutions are encouraged to visit
www.claritysystems.com/Vision/ for more details.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused
with permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool, and is
not meant to be a specific guide to action. Gartner disclaims all
warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.
Clarity Systems
Clarity Systems delivers software solutions to the Office of Finance.
Our software helps large and mid-market organizations around the world
improve their budgeting, planning, consolidations, scorecarding and
management reporting processes, and also automates their external reporting
processes to support the production of regulatory and statutory reports.
Our unified applications help CFOs reduce risk while simultaneously
improving operational efficiency. For more information, please visit our
website at www.claritysystems.com or call us at +1-877-410-5070 in
North America or +44(0)2031784038 in the UK.
----------------
(1) Gartner, Inc. "Magic Quadrant for Corporate Performance Management
Suites" by Neil Chandler, Nigel Rayner and John E. Van Decker -
January 25, 2010 (ID No.G00172934)
For further information: Dave Paolini, Communications Manager, Clarity
Systems Limited, +1-647-242-1184, dpaolini@claritysystems.com
For further information: Dave Paolini, Communications Manager, Clarity Systems Limited, +1-647-242-1184, dpaolini at claritysystems.com
