We are thrilled that for the second year in a row, Salesforce has been named a Leader in the Gartner Magic Quadrant for Configure, Price, and Quote Application Suites in November 2018 for Salesforce CPQ!
A Gartner Magic Quadrant is a culmination of research in a specific market, giving a wide-angle view of the relative positions of the market’s competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps quickly ascertain how well technology providers are executing their stated visions and how well they are performing against Gartner’s market view.
Vendors are positioned in the Gartner Magic Quadrant based on completeness of vision and ability to execute. We believe that this achievement is a true testament to the success of our customers and our ongoing commitment to innovation.
B2B companies are transforming to meet their customers' needs by increasing business agility and launching recurring revenue products, such as subscriptions or usage-based contracts. Unfortunately, businesses face challenges in meeting these customer needs due to legacy systems, manual processes, data silos, and regulatory concerns.
As a result, organizations of all sizes and geographies are looking to Salesforce CPQ, which can help:
Businesses looking to streamline their entire customer lifecycle can also extend Salesforce CPQ with Salesforce Billing to create a single pricing and contracting engine for quotes, orders, and invoices.
Thank you to our customers and partners for helping us get named as a Leader for the 2nd year in a row in the Gartner Magic Quadrant for Configure, Price, and Quote Application Suites, November 2018. Read the entire Gartner report for an in-depth look at the study.
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