In its latest Magic Quadrant for Corporate Performance Management Suites report  (April 30, 2009) the world’s leading information technology research and advisory company Gartner Inc. lists QPR Software among the eight innovative CPM software vendors interesting ones to watch.

Gartner envisions in the report that CPM suites can bring greater rigor, accuracy and transparency to many management processes. These suites deliver a better understanding of the drivers of corporate profitability. The current economic climate is driving demands to minimize costs and maximize profits. To meet these targets organizations are increasingly scanning and deploying CPM applications.

Gartner describes QPR Software with following words: “This Finnish-based vendor predominantly provides scorecarding, strategy management, planning and reporting solutions through its direct business and partner network serving a large global customer base (although the majority of its customers are in EMEA). Collaboration and reporting are provided by a portal that integrates the three core components of the solution (QPR ScoreCard, QPR FactView and QPR ProcessGuide). QPR also enables customers to model and optimize business processes that help align business processes with strategic and risk management objectives.”

“Gartner’s recognition shows us that we have done the right choice when including both business process and performance management in our QPR 8 management suite and thus made easy to align processes with strategy. Also our customers have given credit to us for this,” says Mr. Tony Virtanen, Vice President, Products & Technology at QPR Software Plc.