Gartner Says By 2024 60% Of Finance Organizations Will Seek Composable Finance Applications In New Technology Investments
Gartner, December 8th, 2022
Modular, Flexible Approach to Finance Tech Stack Increases Needed Agility and Innovation
CFOs who adopt a composable technology strategy will achieve higher revenue growth than peers who take more traditional routes with their technology investments, according to Gartner, Inc. By 2024, 60% of finance organizations will seek composable finance applications in new technology investments.
Gartner has identified a new model for CFOs based on a composable technology paradigm that focuses on modular technology solutions delivered by best-fit vendors that enable specific finance capabilities. The framework is built upon three distinct layers of composable platforms (groups of related finance applications) based on the main purpose and the strategic value they deliver...