Enterprise Performance Management Software - Philippines
Philippines- The Enterprise Performance Management Software market in the Philippines is expected to achieve a revenue of US$7.81m by the year 2025.
- Additionally, it is projected to exhibit a steady annual growth rate (CAGR 2025-2029) of 8.46%, resulting in a market volume of US$10.81m by 2029.
- It is noteworthy that the average Spend per Employee in this market segment is anticipated to be US$0.16 by 2025.
- In terms of global comparison, United States is expected to generate the highest revenue, amounting to US$2.98bn in the year 2025.
- The Philippines is experiencing a growing demand for Enterprise Performance Management Software, driven by the need for improved financial planning and analysis in local businesses.
Definition:
The Enterprise Performance Management Software market covers software solutions that help organizations to manage and improve their performance across various areas, such as finance, operations, and strategy. These solutions typically include features for financial planning and analysis, budgeting, forecasting, and consolidation. These are primarily focused on providing insights and strategic guidance to help organizations make informed decisions and achieve their long-term goals.
Products in the Enterprise Performance Management Software market can be obtained in two ways: as on-premises software that is sold via a transactional license or a subscription and as cloud-based software (software as a service/ SaaS) that is most frequently sold as a subscription.
Additional Information:
The Enterprise Performance Management Software market comprises revenue and revenue growth as the key performance indicators. Only the revenues that are generated by primary vendors at the manufacturer price level either directly or through distribution channels (excluding value-added tax) are included and the revenues generated by resellers are excluded. Revenues are generated through both online and offline sales channels and include spending by enterprises (B2B) and governments (B2G).
Key players in this market include Oracle. SAP, Anaplan, IBM, and Workday.
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- Performance management software, such as PerformYard, Engagedly, Leapsome, BambooHR, SAP SuccessFactors, Paylocity, and Workday
- Financial planning and budgeting, such as SAP, Workday, and Centage (Budget Maestro)
- Strategic planning and modeling, such as Workday Adaptive Planning, Jedox, and Host Analytics
- Administrative software, such as ADP, Gusto, Workday, and SAP
- Office software, such as Microsoft, Google, and Zoho
- Collaboration software, such as Google, Slack, and Zoom
