The Fintech Landscape in 2016
Posted on Jun 03, 2016
The financial accounting and business applications market is in continuous development and business leaders responsible for their deployment should stay well educated.
In a new report, “Market Guide for Core Financial Management Applications”, Gartner explores the kind of solutions available and how more solutions are evolving to the Cloud.
In the market guide, enterprises will be able to find the best solution for their size, industry and geographic presence. The report is interesting for its deep understanding of what buyers of financial management solutions are looking for. It highlights some key trends, some of which we became aware of over time while meeting with our customers and industry peers.
According to the report, “by 2018, at least 25% of new core financial application deployments in large enterprises will be public cloud software as a service (SaaS)”.
The increasing adoption of cloud delivery, even from traditional on-premises vendors, shows how financial management SaaS industry is being disrupted. Gartner calls these trend as “postmodern ERP”.
Cloud is the foundation of the Aqilla financial management solution and we believe that with the technology available to you at any time, there is little excuse to not easily manage business finances.
Gartner’s current review of the sector confirms that financial managers are becoming more aware of Cloud-Based solutions - which will dramatically change the current SaaS environment.
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