CAMBRIDGE, Mass., November 23, 2004 â Pegasystems Inc. (NASDAQ: PEGA), a
leading provider of smart, rules-based business process management (BPM)software, today announced that it has been ranked as a market âleaderâ in META Groupâs METAspectrum report for Java-based pure-play BPMS tools. META Group is a leading provider of information technology (IT) research, advisory services, and strategic consulting.
The new METAspectrum evaluation provides an objective assessment of companies providing business process management suites (BPMS) â software toolsets used to model, orchestrate, execute and measure business processes, including manual and automated steps and various other information. âLeadersâ are defined by META Group as those companies that exhibit such characteristics as an international presence, competitive offerings in all the BPM suite components, and over 50 clients with strong references.
"We developed METAspectrum to enable IT professionals to quickly evaluate
vendors based on their ability to deliver on the presence and performance criteria that matter most in a given market," said Hollis Bischoff, META Group vice president and BPM analyst. "In addition to international presence, comprehensive competitive offerings and strong references, the market leaders also have the strongest focus on end-user modeling and a strategic view that recognises the transformation to a broader software infrastructure platform, and the need for value-added functionality to remain competitive in the long term," she explained.
"We are pleased by our favorable rating in this METAspectrum," said Samir Gulati, Pegasystemsâ vice president of Global Marketing. "Our customers share our vision that business should be flexible, agile and able to build for change â and that âsmartâ, rules-based BPM effectively closes the âexecution gapâ between management decisions and business operations."