---
title: Adaptive Insights named a Leader in the 2016 Gartner Magic Quadrant
description: Adaptive Insights has recently made a big announcement, they have been named a Leader in the 2016 Gartner Magic Quadrant for Strategic Corporate Performance Management (SCPM) Solutions report. This is a major achievement for Adaptive.
---

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# [Adaptive Insights named a Leader in the 2016 Gartner Magic Quadrant](https://blog.oasisky.com/blog/2016-gartner-magic-quadrant)

 Written by [Oasis Solutions](https://blog.oasisky.com/author/oasis-solutions) | Jun 15, 2016 6:16:16 PM

**[Adaptive Insights](https://oasisky.com/software/business-intelligence/adaptive-insights/)** has recently made a big announcement, they have been named a Leader in the 2016 Gartner Magic Quadrant for Strategic Corporate Performance Management (SCPM) Solutions report. This is a major achievement for Adaptive, and also indicates a major shift for cloud-based solutions as more consumers are embracing this technology.

The Gartner Magic Quadrant evaluates 16 different companies with defined criteria and comparisons. Based upon the finding each company gains a particular ranking. This year Adaptive placed among giants such as SAP, Oracle and IBM.   
As pointed out in the [Adaptive press release](https://adaptive.relayware.com/content/Marketing/PressRlease2016Q2/Adaptive%20Insights%20Positioned%20as%20a%20Leader%20in%20Gartner%20Magic%20Quadrant%20for%20Strategic.pdf),<https://blog.oasisky.com/hubfs/Imported_Blog_Media/imgres-6.png>* “We welcome their entry into the CPM space, as it signals an industry-wide commitment to helping finance professionals play a more strategic role and contribute to business performance.”

*

More outstanding news from this announcement is that Adaptive is the only purely SaaS vendor in the Leader Quadrant, which projects a positive future for the cloud-based technology. In a [report ](http://blog.adaptiveinsights.com/corporate-performance-management/giant-leap-cloud-big-step-adaptive-insights/)from Adaptive, "*CFO’s stated that 33% of their infrastructure today was cloud and expected that number to grow to 60% by 2020.”

*

Since the Adaptive CPM innovation is being more widely adopted, CFO’s are able to contribute a greater amount to overall business strategy, report with more accuracy, and within up-to-the-minute updates. As an SCPM leader, Adaptive is now in a position to help financial professionals bring more value to their organizations.

Highlights of the 2016 Gartner Magic Quadrant for SCPM Solutions report are:

- Magic Quadrant for Strategic Corporate Performance Management Solutions
- Vendor Strengths and Cautions
- Inclusion and Exclusion Criteria
- Evaluation Criteria
- Quadrant Descriptions
- Context
- Market Overview 

[View full post](https://blog.oasisky.com/blog/2016-gartner-magic-quadrant)

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