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CRM and social CRM expert Paul Greenberg finished posting his CRM 2011 Watchlist series this week. It's six parts totaling more than 35,000 words. It's a much more detailed and comprehensive view of the CRM space than you would expect from a Magic Quadrant or Wave report, and it's completely free. Greenberg covers both vendors and consulting companies. It's less formal than the Magic Quadrant and Greenberg does a lot of shooting from the hip.
Greenberg used the following subjective criteria to rank the companies: financial performance; management; state of technology products; partnerships/alliances; mission/vision; market presence/impact; thought leadership and corporate culture. Greenberg didn't rank the winners in any particular order, but he did reveal which vendor scored the highest. The answer probably won't surprise you.