The Contract Lifecycle Management (CLM) market is highly fragmented – while some solutions may look similar on the surface, they address completely different use cases and buyer personas. MGI MarketLens™ reports help companies better understand the relative positioning of technology suppliers within markets, simplify and accelerate solution evaluations, reduce risks, and optimize costs.

Each MarketLens maps suppliers against a two-dimensional system of coordinates (see below). MarketLens charts can be applied to entire markets or to relevant market segments – this report examines six suppliers in the Midmarket CLM segment, a subset of the overall Contract Lifecycle Management market.

There are four types of MGI MarketLens™ charts:

  1. Solution Strength vs. Go-to-Market Strength: Solution Strength represents a supplier’s MGI 360™ Product score, while Go-to-Market Strength is a composite of the supplier’s MGI 360™ Management, Channels, Strategy, and Finance scores.
  2. Complexity vs. Agility: Complexity refers to a solution’s ability to handle complex use cases, while agility refers to the agility of the CLM solution itself.
  3. Volume vs. Agility: Agility refers to a solution’s flexibility to quickly deploy new CLM capabilities and introduce changes, while volume refers to the volume of contracts and clauses a CLM solution can handle.
  4. Complexity vs. Volume: Complexity refers to a solution’s ability to handle complex use cases, while volume refers to the volume of contracts and clauses a CLM solution can handle.

A chart comparing solution strength on the x-axis to go-to-market strength on the y-axis

The suppliers included in this report are: CobbleStone Software, Contract Logix, Ironclad, LinkSquares, Malbek, and Provakil

Get the report to find out where these six Midmarket CLM vendors fall on four MarketLens charts like the one above. For more on these vendors and why they stand out from the rest of the CLM market, get the CLM Top 35 Buyer’s Guide.

MGI MarketLens™ reports are also available in other market segments to help prospective buyers compare like with like: