OpenText Metastorm Named a Leader in 2011 IDC MarketScape: Business Process (BP) Platforms Report
BALTIMORE, MD June 27, 2011 OpenTexts (NASDAQ: OTEX, TSX: OTC) Metastorm business, a leading provider of business process management (BPM), business process analysis (BPA), and enterprise architecture (EA) software for business transformation, today announced that it has been recognized as a leader in the IDC MarketScape: Business Process (BP) Platforms Report.
The report, released annually by industry analysts at IDC, evaluates the relative capabilities of vendor solutions to support people-centric process applications based on the complexity, abilities and strategy of the solutions. OpenText Metastorm was rated above average and received top scores across IDCs product, customer and business assessments.
Metastorms view of how work management is evolving is sophisticated, and this shows up in its product, the IDC MarketScape report states. OpenText Metastorms BP portfolio earned high scores for its cost management strategy, ROI planning capabilities, and portfolio strategy, including its technical platform and the vision around integration and content management. The portfolios Metastorm ProVision®, an enterprise and business architecture suite which enables process discovery and business process analytics, was identified by customers as a deciding factor for deployment of Metastorm solutions.
The product assessment also examines out-of-the-box functionality around identification of the appropriate worker for a task, prioritization and task assignment. OpenText Metastorms Smart Business Workspace was awarded high scores for innovation. It is a composition or mashup environment that combines work management and social capabilities to allow for communication and collaboration across workers during process design and as on-going as work is being performed. OpenText Metastorm also received top scores for out-of-the-box business runtime capabilities, technology platform and development environment.
We are confident that our position as a leader in IDCs MarketScape report on Business Process platforms further validates our ability to provide consistent and innovative software products that allow customers to align business strategy and execution to improve process and drive meaningful results, said Kevin Haugh, Vice President of Product Marketing and Management at OpenText Metastorm. OpenText Metastorm is committed to product excellence and customer service and continues to evolve and improve our offerings.
As part of the IDC MarketScape report, customers were interviewed about their use of OpenText Metastorm products and customer support, and identified faster install time, quick process development time, graphical design, low and flexible pricing, and governance tools as reasons they selected the provider. OpenText Metastorm received top scores for customer references, reflecting the companys ability to provide service excellence and the companys commitment to developing best-of-breed solutions.
OpenText Metastorm is known for its ability to provide a comprehensive and highly-proven BP solution that allows organizations to quickly implement, manage, monitor, and analyze core business processes. In addition, the Metastorm BPM® suites seamless integration as part of the Metastorm Enterprise platformwhich includes the Metastorm ProVision® software for EA and BPAenables effective alignment of process execution activities with business goals at all levels of the organization. The Metastorm Business Transformation Practices Framework leverages the entire Metastorm software portfolio and industry templates to provide organizations with a successful methodology for managing change and achieving successful, ongoing transformation to meet key strategic and operational objectives.
Follow OpenText on Twitter@OpenTextand on Facebook athttp://www.facebook.com/opentext. Follow Metastorm on Twitter@Metastorm.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendors position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.For more information about IDC MarketScapes, please contact Karen Moser at kmoser@idc.com.
About IDC
IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 100 countries. For more than 45 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.
About OpenText
OpenText, a global ECM leader, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting 100 million users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness. For more information, visitwww.opentext.com.
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenTexts current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenTexts assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenTexts Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2011 by Open Text Corporation. OPENTEXT is a trademark or registered trademarks of OpenText Corporation in the United States of America, Canada, the European Union and/or other countries. This list of trademarks is not exhaustive. Other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of OpenText Corporation or other respective owners.
Press Contact Information:
Richard Maganini
OpenText
+1-847-961-0662
Peter Gorman
OpenText
+1 781-761-6659
Shahed Ahmed
Merritt Group
T: +1 703-390-1515
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