Independent Research Firm Recognizes Pegasystems as a Leader in 2006 Business-Rules Platform Report
CAMBRIDGE, Mass., Jan. 10 — Pegasystems Inc. (Nasdaq: PEGA), the leader in smart business process management (BPM) software, today announced that Forrester Research, Inc. has recognized Pegasystems a leader in business rules platforms and ranked the company among the top three business rules platform vendors in the Forrester Wave™: Business Rules Platforms. The evaluation cited Pegasystems PegaRULES breadth of features and rules-processing algorithm as "unique" in the industry and placed the company in the top echelon of business rules platforms because of its comprehensive development environment, rules-management features, and strong market presence.
The Forrester Wave™: Business Rules Platforms, Q1 2006, reviewed solutions from ten vendors using 174 criteria in hands-on lab evaluations, vendor surveys, product demos and customer reference information. Forrester's findings validate Pegasystems' belief that business-rules platforms, such as PegaRULES, are gaining significant market momentum as an increasingly popular alternative to conventional programming to automate decisions, analyze business results, and ensure policy compliance.
"Business-rules platforms are an increasingly popular alternative to conventional programming to automate decisions, analysis to action, and policy compliance," writes John Rymer in The Forrester Wave™: Business Rules Platforms, Q1 2006.
The comprehensive report found that PegaRULES has:
- A complete programming model, including user interface, integration, and process management;
- A good strategy for creating a rules-based BPM platform;
- Strong multi-platform features, rules-modeling tools, rules-reuse and change-management features, and support for a wide range of standards; and
- The most comprehensive Integrated Development Environment (IDE) among the vendors in this evaluation.
"We are very pleased that PegaRULES has been given recognition as a leader in this influential industry report," said Pegasystems CEO and founder Alan Trefler. "PegaRULES helps many of the world's most sophisticated enterprises enhance their competitive edge. We look forward to continuing to demonstrate market leadership."
Pegasystems' unique approach to rules management is based on the belief that, like business data, business rules should be managed as a separate corporate asset. The PegaRULES enterprise rules engine separates business logic from mission-critical applications and enables an enterprise to capture, manage, and execute business policies as well as practices.
PegaRULES applies the full power of an inference engine to the execution of dynamic business applications. In addition to procedural rules, PegaRULES offers change-aware declarative rules that are used only when underlying data actually changes. This combination of rule types and processing approaches provides organizations more rapid time to production for increased growth and productivity.
Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pega’s applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pega’s Global 3000 customers include many of the world’s most sophisticated and successful enterprises. Pega’s applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients’ strategic business needs. Pega’s clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use, and global scale. For more information, please visit us at www.pega.com.
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