Clarity Systems Positioned in the renowned Magic Quadrant for Corporate Performance Management Suites
Analyst report evaluates Clarity Systems on its completeness of vision and ability to execute
TORONTO, ON (December 5, 2006) - Clarity Systems, a leader in corporate performance management (CPM) solutions, has been positioned in Gartner’s Magic Quadrant for Corporate Performance Management Suites.*
The annual Gartner report is an analysis tool for organizations evaluating vendors in the CPM Suites marketplace.
This year’s launch of Clarity 6, the company’s flagship product, delivered significant product enhancements in a unified, web-based and Excel-like application. In early 2007, Clarity 6.1 will be released, complete with enhanced functionality and additional features.
“Our product is designed with our customers’ needs in mind,” says Mark Nashman, President, Clarity Systems. “Clarity’s customer focus groups provide functional requirements we translate into products and services to meet our customers’ needs. We believe our position on the Gartner magic quadrant demonstrates Clarity’s product initiatives are aligned with the demands of today’s global organizations.”
In 2006, Clarity Systems expanded its sales, marketing and services presence in the North America and UK markets. New vertical market starter kits and a partnership with Thomson Elite further extended the Clarity 6 solution into a number of key industry vertical markets. For the tenth year in row, Clarity maintained a healthy financial position with profitable revenue growth and strong financial metrics.
“As a vendor with a unified and open CPM software solution together with comprehensive in-house implementation services, we are proud to be recognized by Gartner,” said Paul Hill, COO, Clarity Systems. “Clients demand effective, high value CPM solutions that can only be realized through world class software together with professional services with deep vertical market expertise.”
About the Magic Quadrant
The Magic Quadrant is copyrighted December 1, 2006 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.
*Gartner, Inc., "Magic Quadrant for CPM Suites, 2006” N. Rayner, 1 December 2006.
About Clarity Systems
Clarity Systems delivers superior Corporate Performance Management software solutions for financial budgeting, planning, forecasting, consolidation, analytics and financial statement reporting to a large, global client base. With a rich feature set, Clarity 6 and Clarity FSR are unified applications that offer the flexibility, security, and control needed to make more informed business decisions while meeting compliance requirements. Named as one of Profit’s 100 fastest growing companies and a Branham 300 top 100 IT company, Clarity Systems continues to lead the industry as the independent CPM specialist. For more information, please visit our website at www.claritysystems.com or call us at 1-877-410-5070.
For more information, please contact:
Dave Paolini, Communications Manager
Clarity Systems Limited
416-250-5500 ext. 417
Toll free: 1-877-410-5070 ext. 417
dpaolini@claritysystems.com
