IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2021 Vendor Assessment
About IDC MarketScape: IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
Coupa named a Leader for the second time in a row
After a thorough evaluation of Coupa offerings and strategy, IDC has positioned the company in the Leaders category of the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2021 Vendor Assessment for the second time in a row.
Strengths noted by the IDC MarketScape naming Coupa a leader include:
- Focus on customer success and rapid return on investment
- Offering a single unified platform focused on all business spend management (BSM) from operational to services to direct materials and supply chain to indirect materials
- Real-time benchmarking using community intelligence to highlight areas for improvement and ways to continue finding value
Download this complimentary report excerpt to dive into how Coupa delivers enterprise-grade business spend management (BSM) capabilities in one single unified suite.Read the Excerpt