Analyst names K2 a 'visionary'
Wednesday, March 18, 2009
REDMOND, Wash. — K2 was named a visionary in Gartner’s “Magic Quadrant for Business Process Management Suites,” released Feb. 18, 2009.*
Gartner’s report — which evaluates the top 22 vendors offering multiregional, cross-industry business process management (BPM) suites — recognized K2 for its “completeness of vision” and “ability to execute.”
K2 CEO and cofounder Adriaan van Wyk said he believes K2 was positioned as a visionary, in part, because of its software’s deep integration with the Microsoft product stack and the quick return on investment it brings to Microsoft customers; its focus on fostering collaboration and empowering a broad range of users; its SKU strategy, which allows customers to incrementally advance their BPM maturity; and its strong community and partner ecosystem.
“In general, visionaries are innovators,” the report states.
“Innovation is and always will be one of our very top priorities,” van Wyk said. “We work very hard at staying ahead of the curve and at understanding the role of technology in organizations of every size and shape, for today and for the future.
“This is why we continue to invest heavily in new features for our software and in the next iteration of the K2 platform, including its alignment with Microsoft’s future Office releases and .NET platforms.”
K2 software provides easy-to-use tools for building process-driven applications that improve business efficiency. K2 applications can be set up to automate and manage business processes — such as document approval or inventory tracking — or pull together business processes, people, services, information and systems into a single application that helps drive business. Then, what’s been built can be used like building blocks to assemble new applications.
K2 strips away the complexity of traditional application development to foster collaboration between business people and technical people.
More than 40 providers worldwide were considered for the 2009 Magic Quadrant, of which 22 met the inclusion criteria.
The complete Magic Quadrant report is available to Gartner clients at www.Gartner.com.
About the Magic Quadrant
The Gartner Magic Quadrant is copyrighted Feb. 18, 2009, 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" by Janelle B. Hill et al, February 18, 2009