Infor Named a Visionary in Gartner 2020 Magic Quadrant for Configure, Price and Quote Application Suites
Vendors evaluated based on completeness of vision and ability to execute against key CPQ criteria
Infor is recognized as a Visionary in the Gartner 2020 Magic Quadrant for Configure Price Quote Application Suites. “In 2019, the CPQ application market grew by 15.5%, to an estimated $1.42 billion. It remains highly competitive and fragmented, with no vendor taking more than a 17% share. This Magic Quadrant evaluates 17 vendors to help application leaders find the best one for their needs.”
Gartner evaluates vendors based on completeness of vision and ability to execute against key configure price quote criteria. According to Gartner, "Visionaries are ahead of most competitors in their product plans and understanding of the market. They anticipate emerging and changing needs, and move the market into fresh areas. They have a strong potential to influence the direction of the CPQ market, but are limited in terms of execution and/or track record.”
“We are constantly enhancing our CPQ functionality, introducing our mobile platform and visual configuration capabilities as well as incorporating our Coleman AI and Birst analytics technology,” says Ron Eismann, Infor vice president of strategy. “We believe entering the Magic Quadrant as a Visionary is a strong endorsement of Infor CPQ as a market-leading product.”
Whether researching options, creating complex products, or bundling existing products and services, the ideal experience must be visual, fast, accurate, and collaborative. From interest generation to cash, Infor CPQ enables any user—customer, salesperson, distributor, dealer—to select, specify, quote, and order products faster to win the business, as well as avoid wasted time, duplicate activities, costly errors, and frustration for both internal and external users. Watch Infor CPQ overview video
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