Pegasystems Again Recognized as a Leader for Business Process Management by Respected Independent Analyst Firm
CAMBRIDGE, MA - August 24, 2010 - Pegasystems Inc. (NASDAQ: PEGA), the leader in business process management (BPM) and a leading provider of customer relationship management (CRM) solutions, today announced it was named a leader
in "The Forrester Wave™: Business Process Management Suites, Q3 2010" report. Pegasystems' SmartBPM solution was recognized for "its comprehensive frameworks that help process professionals accelerate time-to-value for delivering solutions to critical industry challenges."
In addition to ranking the highest for both strategy and current offering, Pegasystems was one of two BPM vendors that "lead the pack with the best overall combination of modeling, design and development features for business and technical roles driving process improvement,"(1) the Forrester report states. Pegasystems received high marks for providing "dynamic workspaces for business users," among other accolades.
"Looking beyond the recession, some leading organizations are adopting BPM suites as model-driven development environments that can quickly respond and adapt to change,"(1) states the report. "These firms view BPM -- and model-driven development -- as a 'hedge' or 'insurance policy' against a constantly shifting business landscape."(1)
"Pegasystems delivers a flexible environment that quickly adapts to changing business conditions,"(1) states the report. "...Pega has a large and impressive portfolio of customers that swear by the platform because of its ability to easily change process and business rules without requiring code changes or redeployments."(1)
Pegasystems was one of 11 BPM vendors evaluated against 148 criteria that reflect the requirements of large-scale implementations. Forrester compiled the report to assess the state of the market and review how top BPM vendors rate in meeting the needs of customers. Customer reference calls, hands-on lab evaluations and vendor surveys were conducted by Forrester in researching the report.
"More world-class customers continue to see significant and rapid returns using our Build for Change® technology," said Alan Trefler, Founder and CEO, Pegasystems. "It is particularly significant this year to have the same core product also recognized as a leader in the Forrester Wave for CRM Suites Customer Service Solutions report."
(1) "The Forrester Wave™: Business Process Management Suites, Q3 2010," Forrester Research, Inc., August, 2010.
The Forrester Wave is copyrighted by Forrester Research, Inc. Forrester and Forrester Wave are trademarks of Forrester Research, Inc. The Forrester Wave is a graphical representation of Forrester's call on a market and is plotted using a detailed spreadsheet with exposed scores, weightings, and comments. Forrester does not endorse any vendor, product, or service depicted in the Forrester Wave. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change.
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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