BARC Score positions Unit4 Prevero as BI market leader for the second year
Posted on Thursday, 08 March 2018.
Munich, Germany & Utrecht, Netherlands, 13th March, 2018 – Unit4, world leader in enterprise systems for services organizations, announces today that Unit4 Prevero has been positioned as market leader for the second year in the BARC Score, an annual assessment of the global enterprise business intelligence platforms market.
In mid-March, the BARC Score was published for the third time. This report analyzes the strengths and challenges of the leading vendors that offer beneficial value to customers wanting to implement a ‘modern’ enterprise BI platform. Once again, Unit4 Prevero was positioned as market leader in its industry sector alongside IBM, Oracle and SAP. Unit4 Prevero received this award for the first time in 2017, and was able to further improve its market position this year, successfully outperforming its competitors once again.
The evaluation is based on the organization’s market position (Market Execution) as well as the performance and integration of the portfolio they offer (Portfolio Capabilities). In the latter category, Unit4 Prevero was rated first out of 18 companies evaluated.
To be eligible for inclusion in the BARC Score, companies have to offer specific software functionalities, which include (amongst others) planning and budgeting, ad-hoc queries and reporting, formatted standard reporting as well as analysis and dashboarding. In the area of Market Execution, a particular focus was placed on the vendors’ product strategy this year. The criteria evaluated in this respect included the success rate of product development activities, product roadmap planning, the observance of current market requirements as well as the innovative character of the respective products. Moreover, the assessment incorporates the key figures compiled in BARC’s customer satisfaction surveys (such as the Planning Survey and the BI Survey).
Matthias Thurner, co-founder and member of the management board of Unit4 Prevero said: "It is a great honor for us to be recognized as market leader by BARC for the second year, and great to have improved on last year. For us, this assessment confirms that we are on the right track with our company and product strategy, which is fully focused on delivering strategic value to the customer. I believe that the high acceptance of our products, the close collaboration with our customers and the outstanding commitment and loyalty of our employees have played a major role in our success.
Unit4 provides enterprise applications that empower people in service organizations around the world. Our ERP, industry-focused and best-in-class solutions support thousands of organizations from sectors including professional services, education, public services, not-for-profit, real estate, wholesale, and financial services to build a better future. Unit4 is in business for people.