Appian Positioned in Business Process Management Suite Magic Quadrant Report from Leading Analyst Firm; Evaluation Based on Completeness of Vision and Ability to Execute.VIENNA, Va. -- Appian, the leading provider of human-centric business process management suites (BPMS (Business Process Management Suite or System) See BPM. ), today announced that it has been positioned by Gartner, Inc. in the visionaries' quadrant quadrant, in analytic geometry quadrant. 1 In analytic geometry, one of the four regions of the plane determined by two lines, the x-axis and the y-axis. of the June 28, 2006 Magic Quadrant The Gartner Magic Quadrant is a proprietary research tool developed by Gartner Inc., a US based research and advisory firm. It is designed to provide an unbiased qualitative analysis of a “markets’ direction, maturity, and participants. for Business Process Management Suites (BPMS), authored by Jim Sinur and Janelle B. Hill. The Magic Quadrant evaluates vendors based on their completeness of vision and ability to execute and positions them in one of the following quadrants: Leaders, Visionaries Visionaries may refer to:
"Appian has demonstrated that our highly differentiated approach to BPM (Business Process Management) A structured approach that models an enterprise's human and machine tasks and the interactions between them as processes. BPM software provides users with a dashboard interface that offers a high-level view of the operation that typically - delivering process, knowledge, and analytics functionality in a fully unified, web-based platform that is uniquely designed from the ground-up to ease the challenges of developing next-generation, process-centric business applications -- is ideal for successful BPM suite See BPM. implementations," said Kevin Spurway, Vice President of Marketing at Appian. "Appian is honored to be positioned in the Visionaries Quadrant in Gartner's Magic Quadrant report as we believe it validates Appian's commitment to innovation in an ever-evolving market." Gartner describes BPMS as "a natural advancement to meet the growing requirements for greater degrees of process management maturity and agility." Regarding the market potential for BPMS, the report goes on to state that "Gartner Dataquest now projects license revenue growth to be more than $1 billion by 2009, with a compound annual growth rate of 14 percent, making it the second-fastest growing software infrastructure market overall (security being No. 1)." Appian continues to receive accolades for its BPM technology and business leadership, having been recently named to Intelligent Enterprise's Editors Choice Awards as a Company to Watch, KM World's 2006 "Top 100 Companies That Matter in Knowledge Management" list, and as a leader in the BPMS market by an independent research firm. About the Magic Quadrant The Magic Quadrant is copyrighted 2006 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 de·pict tr.v. de·pict·ed, de·pict·ing, de·picts 1. To represent in a picture or sculpture. 2. To represent in words; describe. See Synonyms at represent. 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 mer·chant·a·ble adj. Suitable for buying and selling; marketable. mer  chant·a·bil or fitness for a particular purpose. About Appian Appian is the first business process management (BPM) company to deliver advanced process, knowledge, and analytics functionality in a fully integrated suite. Fortune 500 companies, government agencies, and non-governmental organizations “NGO” redirects here. For other uses, see NGO (disambiguation). A non-governmental organization (NGO) is a legally constituted organization created by private persons or organizations with no participation or representation of any government. are deploying Appian's award-winning software, Appian Enterprise, to drive continuous process improvements and build next-generation, composite process solutions. For more information, visit www.appian.com. |
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