Tagetik, which is headquartered in Lucca, Italy, has traditionally sold on-premises solutions, but has made its solutions available as a cloud service. Tagetik supports budgeting, forecasting, performance reporting, dashboards, modelling and analysis. It also supports other FCPM processes.
Its cloud service can use AWS or Microsoft Azure cloud environments. Tagetik was acquired by Wolters Kluwer Tax & Accounting in March 2017, and was subsequently renamed CCH Tagetik. The acquisition announcement indicated that Wolters Kluwer will bring its corporate offerings together with those of CCH Tagetik within its Corporate Performance Solutions business unit.
Tagetik as a visionary in the CPM market, primarily due to its ability to support complex use cases. It was among the first on-premises vendors in this market to offer a cloud-based solution.