Comparing Spend Matters SolutionMap to Other Industry Analyst Ratings Methodologies
Based on a Nobel Prize-winning thesis, this white paper explores how traditional ratings and decision making approaches based on “expert” opinions typically are no more accurate than guesses. It explains how Nobel Prize-winning economist and behavioral scientist Daniel Kahneman inspired the SolutionMap ratings methodology. The analysis also attempts to objectively explain the differences between Spend Matters’ SolutionMap analyst ratings approach compared to other industry analyst ranking models, using the Gartner Magic Quadrant (MQ), Forrester Wave and the IDC MarketScape as a basis for methodological comparison.
Contributors: Spend MattersCategories: Whitepaper
SRC Type: Benchmarking and Analysis, Procurement Operations