Pegasystems Positioned in the Leaders Quadrant in 2007 BPMS Magic Quadrant

CAMBRIDGE, Mass. – December 18, 2007Pegasystems (NASDAQ: PEGA) was positioned in the Leaders quadrant by Gartner, a leading independent technology research firm, in its recent report, Magic Quadrant for Business Process Management Suites 2007.*

This Magic Quadrant selected 22 vendors in the BPMS market and assessed 10 areas of functionality that buyers consider when selecting a BPMS.  Gartner positioned vendors based on their ability to execute and their completeness of vision.  According to the report, “leaders exhibit superior sales and marketing execution. Many leaders exhibit strong innovation in their products...”

The authors note that "BPMS vendors that have evolved from a BPM pure-play heritage continue to lead the market in capabilities and vision." Gartner also estimates the market “will have a compound annual growth rate of more than 24% between 2006 and 2011,” and “reach $5.1B in total software revenue by 2011.”  The report continues that “they (vendors positioned in the Leaders quadrant) excel at enabling collaboration between business users and IT professionals, from the design and modeling
phase through execution and optimization, using an iterative process improvement methodology...” 

“We’re proud of the inclusion of Pegasystems in this Gartner report.  Our approach helps companies increase revenue, improve customer retention and drive productivity with technology,” said Alan Trefler, founder and CEO of Pegasystems.  “Many of the world’s most sophisticated companies are turning to Pegasystems SmartBPM® Suite with our Build for Change® technology to help them manage business change and acquire the agility needed to compete in today’s challenging business environment.  By enabling alignment between business operations and business goals, only Pega’s BPM software is explicitly designed to drive process improvement, even as business goals change and we are grateful to be recognized in the leaders quadrant.”

A complimentary copy of this report is available at https://www.pega.com/

About the Magic Quadrant
The Magic Quadrant is copyrighted December, 2007 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

*  Gartner, Inc., "Magic Quadrant for Business Process Management Suites, 2007" by Janelle B. Hill, Michele Cantara, Eric Deitert and Marc Kerremans, December 14, 2007.

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About Pegasystems

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.

All trademarks are the property of their respective owners.

The information contained in this press release is not a commitment, promise, or legal obligation to deliver any material, code or functionality. The development, release and timing of any features or functionality described remains at the sole discretion of Pegasystems, Pegasystems specifically disclaims any liability with respect to this information.

 

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