AnyData Solutions: Vendor Analysis 2020 Update (Part 3) — SWOT, Competitor Comparisons, Tech Selection Tips

AnyData Solutions competes in a fragmented market for spend analytics. Yet unlike many of its peers, it is not a common procurement vendor name. But with better awareness, it could be a strong analytics competitor globally, especially considering how the solution packs a powerful one-two functional and pricing punch.

From a functional standpoint, AnyData’s rapid visual development framework can enable customers to go beyond spend analysis use cases to create custom, domain-specific analytics solutions (e.g., analytics-centric contract lifecycle management and supplier performance management reporting and capability). Combined with AnyData’s low-cost pricing models (a fraction of the cost of other solutions under most scenarios), it should make the solution a shortlist candidate for just about any size organization needing a spend analytics platform that wants the option to move beyond the basics.

This third and final installment of this Spend Matters PRO Vendor Analysis provides an objective SWOT analysis of AnyData and looks at its competitors and the market they inhabit. It also includes recommended shortlist candidates as alternative vendors to AnyData, and offers provider selection guidance. Finally, it provides summary analysis and recommendations for companies considering AnyData. Part 1 provided an in-depth look at AnyData as a firm and its solution overview. Part 2 offered a detailed analysis of its solution strengths and weaknesses.