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Tacton Named a “Leader” in the 2022 Gartner® Magic Quadrant™ for Configure, Price and Quote Application Suites

Global manufacturers are in search of efficient digital transformation partners to help them stand out from the crowd. Since Tacton’s inception, we have been chosen by large global manufacturers to help them attain their business goals. Now we are happy as we feel our capabilities have been further cemented in the 2022 Gartner Magic Quadrant report by being named a Leader!    

We believe our positioning recognizes the hard work and innovation that the Tacton team has put in to delight our customers. 

Has Tacton ever been positioned on the Gartner Magic Quadrant?  

Tacton has been positioned in the Gartner® Magic Quadrant™ for Configure, Price, Quote (CPQ) Application Suites in 2019, 2020, 2021, and 2022 

Gartner, Magic Quadrant for Configure, Price, Quote Application Suites, Mark Lewis, Dayna Radbill,  8 November 2022. Gartner, Critical Abilities for Configure, Price, and Quote Application Suites, Mark Lewis, Dayna Radbill, 8 November 2022. Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission, all rights reserved.

How does a Gartner Magic Quadrant work? 

When making key decisions on the purchase of enterprise software it’s important to have reliable sources of information. “The Gartner Magic Quadrant provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct:  

  • Leaders execute well against their current vision and are well positioned for tomorrow. 
  • Visionaries understand where the market is going or have a vision for changing market rules, but do not yet execute well. 
  • Niche Players focus successfully on a small segment or are unfocused and do not out-innovate or outperform others. 
  • Challengers execute well today or may dominate a large segment, but do not demonstrate an understanding of market direction.” 

How is manufacturing shifting towards customer-centricity?  

The last year has taught us all that we need to be nimble, and adaptable to any situation. Manufacturing customers are not different. These customers demand fast, scalable buying experiences.  

With this demand, innovation is needed for the seller of highly configurable manufacturing products. With 45% of manufacturers looking to improve customer experience, it’s critical to find new ways to sell.  

Manufacturers across the globe are searching for ways to transform their operations to engage with customers when and where they want. With Tacton’s trusted configuration it’s easier than ever to centralize your manufacturing  

In addition to our solutions, we believe being recognized in the Magic Quadrant™ affirms the great relationships and learnings we have had with the top manufacturers in the world. Manufacturing is changing rapidly, customers demand a B2B buying journey that mirrors their daily purchases.

Learn more about the evaluation criterion of the Gartner Magic Quadrant  

“The following criteria were evaluated to calculate each vendor’s Ability to Execute and Completeness of the vision. The evaluation was based on an extensive vendor survey, publicly available financial data, a standardized software demonstration, surveying of more than 200 customer references and Gartner inquiry calls.” 

What’s next? 

Gartner Disclaimer   

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.  

Author: Michael Brassea