IDC Innovators are emerging vendors with revenue <$100 million that have demonstrated either a groundbreaking business model or an innovative new technology — or both. This IDC Innovators study profiles TaxCloud, Taxify, LumaTax, and TaxJar in the developing market segments of tax compliance management technology.
"The corporate tax landscape is growing more and more complex. Organizations are turning to cloud technology to maintain tax compliance amid this complexity. Tax software vendors looking to keep pace must continue to work with cloud technology into their near-term product innovation road map," Kevin Permenter, senior research analyst, Enterprise Applications at IDC.