~ Jedox, a leading provider of planning and performance management solutions, has been recognized as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software. This prestigious recognition was given by independent analyst firm Gartner, based on Jedox's completeness of vision and ability to execute.

With its innovative JedoxAI technology designed specifically for global finance leaders, Jedox offers solutions that provide faster access to accurate information. This allows organizations to operate efficiently and uncover new opportunities that can increase revenue. The platform connects real-time operational and financial data through hyperautomation, creating a "digital twin" of a business. This enables leaders to model any scenario, plan, budget, and forecast effectively, making sound decisions for their organization.

Jedox's AI-powered solutions have been instrumental in accelerating finance transformation for many companies. Before AI became mainstream, CFOs were already using Jedox AIssisted™ planning wizards to understand future demand and predict customer churn through AI-enhanced forecasts. Today, JedoxAI serves as a digital business partner to finance leaders by summarizing complex financial information and providing a catalyst for ad hoc reporting through Gen AI natural language interrogation of data within the Jedox platform.

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"We're thrilled to be named a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software," said Florian Winterstein, CEO of Jedox. "We believe it reflects the confidence our 2,800 customers and global partner ecosystem place in Jedox. Through our AI-powered solutions for planning, budgeting, forecasting and analysis, organizations are accelerating their digital transformation from siloed processes to collaborative integrated business planning, outperforming their goals, and achieving greater business value."

One of the key strengths of Jedox is its user-friendly platform that is similar to Microsoft Excel. This makes it easy for users to quickly adapt and utilize features such as drag-and-drop management reporting and dashboarding. This simplifies adoption and change management within the office of finance, allowing for better and faster transformation consistent with the way people prefer to work. The platform also allows for capturing ad hoc insights within dashboards and formatted financial and tabular views of budgets, forecasts, and plans, enabling companies to understand their drivers and focus on effective performance management.

Dr. Rolf Gegenmantel, Chief Product Officer of Jedox, shared the company's plans for the future. "Our R&D, engineering, and product development engine plans to deliver even more enterprise-ready applications of predictive analytics and Gen AI to the office of finance," he said. "We've listened to the market through a global series of Jedox Elevate roadshows and customer roundtables. From this listening tour, our roadmap was shaped towards building more pre-built functional use case templates we call Best Practice Accelerators. We want our customers to increase collaboration so they can deepen their understanding of connections between financial and operational planning, and performance management, to further support autonomous finance operations and heightened value creation."

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Jedox has seen tremendous success in recent years with record revenue expected by 2024. The company boasts high customer satisfaction rates and best-in-class retention rates globally in diverse industries on six continents including Tony's Chocolonely, Li&Fung, Schaeffler, Saudi Aramco, Deutsche Telekom, Henkell & Freixenet, and Sandvik.

Gartner®, a leading research firm in the technology industry has recognized Jedox's excellence in financial planning software through its Magic Quadrant report. However, Gartner does not endorse any specific vendor or product mentioned in its research publications. The opinions expressed in these publications are solely those of Gartner's research organization.

In conclusion, Jedox's recognition as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software is a testament to its commitment towards providing innovative solutions that help organizations achieve their financial goals. With its AI-powered platform and user-friendly features, Jedox is poised to continue its success and drive finance transformation for companies worldwide.

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