Gartner Inc. Lists Relativity Technologies as Only Leader in Legacy Transformation; New Magic Quadrants detailed at Gartner Symposium ITxpo 2001.Business Editors LONDON & RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C.--(BUSINESS WIRE)--Nov. 7, 2001 Relativity Technologies Relativity Technologies Relativity Technologies is a global leader in Enterprise Application Modernization and Application Portfolio Management. Its Modernization Workbench software platform aligns clients' existing software assets with their core business requirements. Inc., the market leader in legacy modernisation, has been listed as the ONLY leader in the rapidly-growing legacy transformation marketplace by Gartner Inc. (NYSE NYSE See: New York Stock Exchange : IT and ITB ITB Invitation To Bid ITB In The Beginning ITB Internationale Tourismusbörse (German) ITB In The Business (aka in the business service industry) ITB Intrathecal Baclofen Therapy ). Gartner, a technology research and advisory firm based in Stamford, Conn., announced their findings in a paper entitled, "AD in Transition: From Legacy to the Internet". Based on this analysis, Relativity Technologies was listed as a leader in both the Legacy Understanding and Legacy Transformation Magic Quadrants 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. . Gartner's Magic Quadrant assesses vendors in terms of their completeness of vision and the ability to execute that vision. Relativity Technologies was the only player in the Legacy Transformation Magic Quadrant positioned in the top-right section of Leaders and Visionaries in the market. Gartner identified Relativity Technologies as a leader in the legacy transformation market due to the company's expertise in language transformation, code slicing and business rule extraction. Other key findings from Gartner include the following: -- By 2003, at least 40 per cent of enterprises will be engaged in some form of architectural re-engineering (up from 5 per cent in 2000) -- Also by 2003, more than 75 percent of e-business solutions will re-use existing systems (an eight-fold increase in enterprise legacy modernisation) More detailed information can be found at the following URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.relativity.com/News/pressreleases/GartnerUK-6-Nov-01.htm |
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