Archives

Catalant: Vendor Analysis (Part 3) – Competitive and Summary Analysis

consultant

In the previous two installments of this Spend Matters PRO Vendor Snapshot series (Parts 1 and Part 2), we provided an overview of Catalant and its solution offering(s) as well an analysis and evaluation of solution strengths and weaknesses. In Part 3, we provide a SWOT assessment and competitive analysis of Catalant in the context of an evolving contingent workforce and services intermediation industry made up of long-established providers and innovative new entrants.

Catalant: Vendor Analysis (Part 2) — Product Strengths & Weaknesses

Catalant

This PRO Vendor Snapshot focuses on Catalant, an online (cloud-based) work intermediary and evolving enterprise platform that allows organizations to access and engage highly skilled, well-credentialed independent business consultants and small, boutique consulting businesses. These resources can be sourced from Catalant’s own “digital marketplace” of independent talent and small consulting providers, which has been growing both in terms of number of providers and number of enterprise customers since 2013.

Since that time, Catalant has been extending its enterprise platform to, at this stage of platform development, allow organizations to establish private networks of their own self-sourced consulting resources (including alumni and retirees). It also enables organizations to create and manage teams of internal (employee) workers and blended internal-external (consultant) workers over a full project lifecycle, as well as archive, share and access project content and artifacts.

Part 1 of our analysis provided a company and solution overview. In Part 1, we also identified basic fit criteria for firms considering Catalant. In Part 2 of this series, we present our view and analysis of Catalant’s product strengths and weaknesses to help procurement organizations decide if they should shortlist the solution provider. We also offer a high-level evaluation of the user interface. Part 3, the final part of this series, will provide a business SWOT analysis, user selection guide, an overview of competitors and additional evaluation and selection considerations.

Catalant: Vendor Analysis (Part 1) — Background and Solution Overview

Catalant is an online workforce intermediary that connects enterprises with proven, specialized business expertise and services. It is representative of a new generation of platform-based intermediaries that support the fast and efficient sourcing and engagement of external talent and service providers (without the use traditional intermediaries), the execution of projects with collaborating external and internal resources, and the retention and sharing of knowledge and project deliverables.

This Spend Matters PRO Vendor Snapshot provides facts and expert analysis to help buying organizations at enterprises make informed decisions about whether they need a solution like Catalant as an alternative for traditional means of sourcing and engaging business expertise. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider Catalant. The remainder of this multipart research brief covers product strengths and weaknesses, competitor and SWOT analysis, user selection guides, and insider evaluation and selection considerations.