Pegasystems listed in leader quadrant in 'business rules engine market'

CAMBRIDGE, Mass., Feb. 23, 2005 – Gartner, Inc.’s "Magic Quadrant"* report evaluating the leading companies in the business rules engine (BRE) market positions Pegasystems (NASDAQ: PEGA) in the ‘leader’ quadrant, Pegasystems Inc. announced today.

According to Gartner, leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. "The increased emphasis on business agility is driving many organisations to BREs, among other agility-focused technologies," wrote Jim Sinur, Gartner, vice-president and distinguished analyst. "Other agility technologies include business process management, web services and model-driven generators. The phrase might be ‘on demand’ or ‘just in time,’ but there is a premium on agility for most business sectors today, and we only expect the demand for agility to increase during the next 10 years."

Pegasystems’ rules engine technology is the foundation of its smart business process management (BPM) solutions which manage a broad array of complex,
changing processes. "We’re long past the point where a hard-coded
application can satisfy the pace today’s market demands," said Pegasystems
CEO Alan Trefler. "Pegasystems' unification of business rules with business processes provides customers real-time business agility that can broadly improve business effectiveness."

The report evaluated a wide range of rules engine vendors. To be included in the report, companies had to market and sell their rules engines as a separate product, have more than $3 million in rules engine revenue and 10 referenceable clients. The rules engines themselves had to include explicit rules, more than one form of rule representation, management features, truth maintenance and/or global rule firing results.

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