FileNet Corporation (NASDAQ: FILE), a leading provider of enterprise content management (ECM) solutions, announced today that it has been positioned in the "Leader" quadrant by Gartner Inc, a premier industry research and advisory firm, in its 2004 Magic Quadrant assessment of Pure-Play Business Process Management (BPM) vendor offerings.
According to Gartner, "Leaders" are vendors who are performing well today, have a clear vision of the market direction, and are actively building competencies to sustain their leadership position in the market.
The report, titled "Magic Quadrant for Pure-Play BPM, 2Q04," authored by Jim Sinur, vice-president and distinguished analyst, also cites that, "Vendors in the Leader quadrant are most likely to have high revenue in this market, high market share and products that are of interest to a wide audience."
Additionally, the report states, "We rate vendor and product viability heavily in this Magic Quadrant. Overall economic conditions in this market in general, and in this segment in particular, are challenging; hence buyers are justifiably concerned about whether their choices of BPM technology will survive the ongoing industry shakeout." [1]
The complete Gartner Pure-Play Business Process Management Magic Quadrant report can be found through FileNet`s Web site.
"We consider our inclusion in the `Leader` quadrant as confirmation that our business process capability is best of breed within the industry," said Lee Roberts, chairman and CEO, FileNet Corporation. "Our customers recognise that effectively managing their processes is a business imperative for gaining competitive and operational advantage. We believe that in today`s dynamic environment, FileNet`s business process management functionality is a vital tool that enables companies to quickly react to events as they occur, easing response to changing market conditions, minimising competitive threats and improving return on investment."
Gartner Magic Quadrant highlights the importance of BPM
The Magic Quadrant report is significant because Gartner defines BPM as an enterprise imperative. In a time when enterprises need every advantage to maximise differentiation, competitive advantage and shareholder value, interest in BPM continues to grow despite economic pressures. Companies utilising the right BPM capabilities are conquering these challenges to gain a true competitive-edge by automating, integrating and optimising repetitive critical business processes at every level of their organisation.
FileNet`s ECM: Focused on better, faster decision-making
As an industry visionary, FileNet believes that above all else, succeeding in today`s competitive business environment requires dynamic and informed decision-making. This requires the right business content be aggregated and delivered to the right people at the "critical moment" when a decision must be executed, so they have all the information necessary to make informed and accurate decisions. Faster decision-making can increase efficiency, improve service, reduce costs and ultimately increase profitability. Also, access to the right information at the right time can help employees avoid making poor or uninformed decisions, helping to manage corporate risk.
FileNet`s P8 architecture combines comprehensive process management, integration capabilities and rich content management to drive better, faster decision-making. The company`s entire product line is differentiated by its comprehensive BPM capabilities, which include integrated process simulation, reporting and analytics, enabling customers to optimise business processes in real-time.
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FileNet Corporation (NASDAQ: FILE) helps organisations make better decisions by managing the content and processes that drive their business. FileNet`s Enterprise Content Management (ECM) solutions allow customers to build and sustain competitive advantage by managing content throughout their organisations, automating and streamlining their business processes, and providing the full spectrum of connectivity needed to simplify their critical and everyday decision-making.
FileNet ECM solutions deliver a comprehensive set of capabilities that integrate with existing information systems to provide cost-effective solutions that solve real-world business problems.
Since the company`s founding in 1982, more than 4 000 organisations, including three-quarters of the Fortune 100, have taken advantage of FileNet solutions for help in managing their mission-critical content and processes.
Headquartered in Costa Mesa, California, the company markets its innovative ECM solutions in more than 90 countries through its own global sales, professional services and support organizations, as well as via its ValueNet Partner network of resellers, system integrators and application developers.
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