prevero

prevero was originally founded as a consultancy in 1994. The company is based in Munich, Germany, and has a workforce of approximately 180 employees worldwide as well as an international partner network.

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In recent years, prevero has grown into one of the largest performance management vendors in the DACH region in terms of software revenues, and claims to have a client base of more than 4,500 companies in over 30 countries. Its growth has been largely organic but was also boosted considerably by the acquisition of software vendors Winterheller in 2011 and MIK in 2015. In July 2016 prevero itself agreed to be acquired by Unit4, a Dutch provider of enterprise applications (e.g. ERP) for service organizations.

prevero’s product portfolio includes its platform technology that can be used for various BI and performance management use cases. prevero is positioned as a flexible platform for tailor-made planning and BI solutions. The company also offers a Web-based financial consolidation solution called prevero Consolidation (OEM SigmaConso), which is integrated with prevero at database level.

prevero is targeted to business users who build BI and performance management applications with the help of wizards. The tool provides a flexible development environment for building individual applications for planning, reporting and analysis, which is supported by dialog boxes and requires no knowledge of scripting.

For historical reasons, prevero has a strong focus on the utilities sector and it offers pre-built content specifically for this industry. Approximately 20-30 percent of prevero’s clients come from this sector. Despite this, prevero positions itself as industry-neutral and now wins more new clients outside the utilities sector. An additional predefined industry model is available for airports, and prevero also offers predefined business applications for areas such as project portfolio management, strategic controlling and risk management.

User & Use Cases

Planning functionality is prevero’s core strength. Besides planning, ad hoc query, standard/enterprise reporting and data analysis are the main BI use cases prevero is used for today.

prevero is geared to business power users with broad functionality for various planning and BI tasks typically carried out by business users. Advanced analysis is in future plans of many of its customers.

prevero targets mid-sized companies and large corporations across all industries. Almost 80 percent of our sample of prevero customers come from mid-sized companies (100-2,500 employees) with a median of 50 users (with 28 of them using planning functionality), but the mean of 88 users (57 for planning) indicates there are also some larger implementations.

69 percent of prevero users are planning users – compared to the survey average of 60 percent – reflecting the fact that prevero is principally a planning tool complemented with comprehensive BI functionality.

Current vs. planned use (besides planning)

N=64

Percentage of employees using prevero

N=66

Planning users (as a percentage of all users)

N=66

Total number of users per company

N=66

Planning users per company

N=66

Company size (number of employees)

N=66

Summary of prevero highlights

Once again, prevero achieves good results in BARC’s Planning Survey. Excellent ratings in several important KPIs including ‘Planning functionality’, ‘Integrated planning’, ‘Flexibility’ and ‘Self-service’ help to consolidate its position as a leading planning and BI vendor in the DACH region.

Companies can benefit from using prevero as a planning and BI tool. An impressive 94 percent of respondents are ‘somewhat satisfied’ or ‘very satisfied’ with prevero, and 93 percent say they would probably or definitely recommend the product to others.

With its flexible platform approach, prevero offers high flexibility to address various planning and BI use cases on one integrated platform.

Integrated Planning - Top-ranked

Peer Group: DACH-focused vendors

Planning Functionality - Top-ranked

Peer Group: DACH-focused vendors

Flexibility - Top-ranked

Peer Group: DACH-focused vendors

Flexibility - Top-ranked

Peer Group: performance management specialists

Self-Service - Top-ranked

Peer Group: flexible planning solutions

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Planning Survey 17 Awards

prevero

Peer Groups DACH-focused vendors, Flexible planning solutions, Performance management specialists
Vendorprevero
Number of responses66
OfficesGermany (HQ), Austria, Switzerland, United Kingdom, Singapore, Australia, Benelux, France, Italy, United States
Employees180
Customers4,500
Revenues (2016)n/s
Web sitewww.prevero.com/de

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Product Video

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Quotes from the Planning Survey 17

Excellent ratings in several important KPIs including ‘Planning functionality’, ‘Integrated planning’, ‘Flexibility’ and ‘Self-service’ help to consolidate its position as a leading planning and BI vendor in the DACH region. Companies can benefit from using prevero as a planning and BI tool.
The Planning Survey 17
With its flexible platform approach, prevero offers high flexibility to address various planning and BI use cases on one integrated platform.
The Planning Survey 17
prevero is considered a leader for its planning functionality and top-ranked in the ‘DACH-focused Vendors’ peer group.
The Planning Survey 17
prevero is the top ranked product for ‘Self-service’ in all of its peer groups, indicating that customers are clearly satisfied with the business user oriented functionality the product provides.
The Planning Survey 17
Business benefits like increased transparency of planning, improved integration of planning with reporting/analysis, and more precise/detailed planning are regularly achieved with prevero, and to a far greater degree than with Excel.
The Planning Survey 17

BI Product Profile

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