Howard Dresner, Founder and Chief Research Officer at Dresner Advisory Services, praised the annual thematic research for its comprehensive evaluation of user priorities and the market landscape. He congratulated Wolters Kluwer for its outstanding achievement across four categories with the CCH Tagetik solution.

Dresner Advisory Services bases its awards on the Wisdom of Crowds® research, which gathers insights on trends, usage, and perceptions from professionals across various industries, ensuring a well-rounded view of the market.

About Wolters Kluwer

Wolters Kluwer, a global leader in professional information, software solutions, and services, supports professionals in several sectors, including healthcare, tax and accounting, financial compliance, and more, through its innovative solutions that blend deep domain knowledge with advanced technology and services.

About Qlik

Qlik, with the addition of Talend, leads the industry with a portfolio of solutions for data integration, data quality, and analytics. The company focuses on advancements in real-time data, AI, machine learning, and automation. Addressing the challenges of integrating and analyzing an increasing amount of data from diverse sources, Qlik serves more than 40,000 active customers in over 100 countries. Their solutions are designed to work with any data source, target, architecture, or methodology, ensuring customers have access to the data they need whenever they need it.

At Wolters Kluwer, their forward-thinking product strategy sets them apart, going beyond traditional financial consolidation. Their comprehensive approach includes cutting-edge features such as ESG reporting and specialized functionalities tailored to meet the unique needs of various countries. Leveraging the power of AI and ML integration, they are constantly evolving to provide enhanced functionalities, including state-of-the-art anomaly detection capabilities.

Moreover, their commitment to client success is evident in their rapid implementation processes, specifically designed to cater to the needs of large-scale enterprises. Through automation and prebuilt templates, they ensure a seamless transition, enabling their clients to swiftly adopt their solutions while receiving the utmost support every step of the way.

As we celebrate their accomplishment, we look forward to continuing our collaborative efforts, driving innovation, and supporting our clients through their digital transformation journeys. To discover how you can optimize your business processes, do not hesitate to get in touch with us for more information.

GARTNER and Gartner and Magic Quadrant are officially registered trademarks and service marks owned by Gartner, recognized both in the U.S. and globally. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. All rights reserved.

The survey, which is highly regarded for its comprehensive analysis, shows an impressive 95% of users rating Exasol’s performance as excellent or good. In terms of reliability and support, Exasol also scores remarkably high, with 91% satisfaction, surpassing average industry scores significantly. Such statistics are crucial for business leaders who prioritize dependable and effective data management tools.

Exasol’s success in the survey isn’t just about numbers. It’s about what these numbers mean for businesses. In today’s data-driven environment, efficiency, reliability, and support are not just nice-to-have; they’re essential. Exasol’s performance in these areas indicates a solution that can handle the heavy lifting of data management, allowing businesses to focus on strategic decisions and process optimization.

Moreover, Exasol’s technology was praised for its ease of use and minimal administrative effort, characteristics that are vital for businesses aiming to streamline their operations. The survey highlighted Exasol’s leading positions in technical KPIs such as project success, functionality, and technology foundation—factors that directly contribute to a business’s ability to innovate and grow.

Jörg Tewes, CEO of Exasol, emphasizes the company’s commitment to empowering businesses: “Our goal is to help businesses make faster, informed decisions and unlock true value from their data, without any compromise. The BARC survey results underscore our dedication to this mission.”

The accolades for Exasol didn’t stop at technology and performance. The company also received top marks for its customer support, a crucial aspect for businesses that rely on continuous and dependable service to maintain their operations smoothly.

For businesses focused on optimizing their processes, the findings from The Data Management Survey 24 offer a clear message: partnering with Exasol could lead to significant improvements in data management efficiency and operational effectiveness. The survey’s results, based on real user feedback, underline Exasol’s role as a strategic partner in achieving business optimization goals.

For a closer look at Exasol’s capabilities and how they can transform your business processes, further details can be found in the full report available through BARC.

At CRMT, we are proud to collaborate with Exasol and their cutting-edge solutions, which have consistently demonstrated their value in optimizing business processes. Our experience has shown that Exasol’s analytics database significantly enhances data management capabilities, allowing for more informed and quicker decision-making. We are excited about the opportunity to introduce Exasol’s solutions to our customers, confident in the knowledge that it will bring substantial benefits to their operations and strategic initiatives.

For more information or to discuss how Exasol can benefit your business, please get in touch with us.

CRMT is a leading independent consulting and systems integration company, specializing in implementing best-of-breed technologies in regulatory reporting for insurance companies and banks, data integration, data warehousing, corporate performance management (CPM), project business automation (PBA), and Robotic process automation (RPA) solutions. Our company provides professional services and represents vendors with the most advanced technologies. Solutions provided by CRMT allow customers to efficiently manage operations and business processes in an ever more complex and competitive environment.

To learn more visit https://crmt.dev.wordpress.optiweb.si/.

Contact:

Tinkara Kastelic
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tinkara.kastelic@crmt.com

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CRMT Press Release contact
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Partners involved

Wolters Kluwer

Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer: “We continue to see CCH Tagetik set the standard and be both the driver and defining factor in our customer’s success in adapting to a business transformation environment. CCH Tagetik remains focused on delivering quality innovations to our customers. We believe this Gartner Leader positioning in the Magic Quadrant for our financial planning solution is an honor we share with your customers.”

If you would like to read the full report click here. 

ADI definition by Dresner: ADI defines a set of technology components for integrating, modeling, managing, storing, governing, and accessing data sets. These data sets then serve as sources for analytic / business intelligence (BI) consumers, e.g., analytic / business applications, tools, and users.

For the fifth year in a row, Exasol is the leading technology for this type of use.

Exasol, the fastest analytics database, has been named an Overall Leader in both Customer Experience and Vendor Credibility models in Dresner ADI Reeport 2022. And again, all (100%) of Exasol’s customers who participated in the report would recommend Exasol.

About Exasol

Donald Kaye from Exasol said: “We couldn’t be more thrilled to see that the Exasol platform, for the fifth consecutive year, has been recognized for its superior analytics performance,”. He continued with: “In an increasingly data-driven world, customers are, and continue to be, at the center of everything that we do. Our outstanding results in Dresner’s latest report is testament to this, reflecting our unique position to deliver a platform that enables us to offer immediate cost relief to our customers as they bridge to the cloud, all without losing performance.”

The Dresner 2022 ADI Report found that the majority of business functions prefer a cloud deployment versus on-premise software, a clear year-over-year trend in the rising priority of “as-a-cloud service” as a deployment option for ADI. Hybrid deployments was also reported as a growing trend in ADI platform priorities, with data integration and data management tools for hybrid ADI platform deployments continuing to increase in priority, as data and fragmentation increases and as the market develops and matures around these hybrid deployments.

Bill Hostmann, Research Fellow at Dresner Advisory said: “We congratulate Exasol on their outstanding performance in this year’s Dresner ADI report. For another year in a row, the company has maintained a perfect recommended score and has ranked best-in-class in a number of critical value measurement categories, all of which is credit to the value that Exasol’s customers place on its platform.”

The ESEF ESMA Update 2021 taxonomy also includes two changes to IFRSs. These changes include general changes to the taxonomy to make easier high-quality tagging easier, as well as new common reporting practices that were found in more than 400 digital financial statements that were analysed. Changes are made to the information in the primary financial statements and the disclosures about employee benefits. At the end of the day, more than 100 codes were added to the IFRS taxonomy.

In case your existing solution does not allow you to easily change the settings or you have done the reporting manually, we suggest that you consider a software replacement that will easily manage all future (expected) changes and additions.

Reporting companies should be ready for changes in a timely way.

When it comes to software, Corefiling and Walter Kluwers are two of the companies we work with at CRMT.

Short conference call will help us figure out which solution is best for you.

Our experts are ready to help, and we want you to make an appointment with them right away!