Independent research firm Gartner has listed Verity, a provider of enterprise software that enables organisations to maximise the return on their intellectual capital investment, in the leader quadrant in the just released Gartner 2004 Enterprise Search Magic Quadrant.
"It`s gratifying to see Verity being cited once again in the leader quadrant of Gartner`s annual Magic Quadrant report on the enterprise search market," says Garth Wittles, district manager for Verity in SA.
"The company`s recent acquisitions of Cardiff Software and NativeMinds have extended Verity`s leadership position by providing customers with the broadest range of intellectual capital management solutions. These technologies can deliver even greater value for customers, and are fast becoming required capabilities of any modern deployment."
To determine the position in the Magic Quadrant, Gartner used a set of criteria to measure a vendor`s ability to serve an organisation`s search needs, including its financial strength, enterprise visibility and installed base, pricing flexibility and appeal, as well as service leverage.
Gartner defines vendors listed in the leader quadrant as performing well today, having a clear vision of market direction and actively building competencies to sustain their leadership position in the market. According to the report, "Leader" quadrant vendors serve organisational needs today and can better anticipate future needs.
A key requirement of this is that "Leaders" must also have the resources and viability to respond to those anticipated needs. The Magic Quadrant analysis places specific vendors within one of four segments: "Leaders", "Visionaries", "Challengers", or "Niche Players". The 2004 Search Engine Magic Quadrant evaluated 21 companies, including Verity.
Verity`s intellectual capital management solutions provide integrated search, classification, recommendation, monitoring and analytics across the real-time flow of enterprise information, along with question and answer interfaces for effective online self-service. Verity`s integrated content capture and process automation solutions make manual processes more efficient and increase customers` control over their business, in addition to making the content that drives key business processes actionable in real-time.
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