Review of 2011 – a year of surprising innovation
Despite the economic gloom and doom 2011 has been surprisingly buoyant in respect of the business systems market. This is the year in which performance management has established itself in the Cloud, that the Last Mile of Finance has been embellished by several solutions for Disclosure Management and Social Media capability has made its first serious appearance in finance applications. But it is also the year in which XBRL – now mandatory for so many companies – has yet to receive the attention it needs to fulfil its promise of greater comparability and transparency. In his review of 2011, Gary Simon, FSN’s managing editor looks at the initiatives, trends and vendors shaping the market.
