04-19-2010 10:48 AM CET - IT, New Media & Software
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Leading Industry Analyst Firm: Whitestein Technologies a ‘Cool Vendor’ in Business Process Management (BPM)

Press release from: Whitestein Technologies AG
Living Systems Process Suite brings unique value for organizations that require dynamically configurable processes and want to continuously optimize business performance.
Living Systems Process Suite brings unique value for organizations that require dynamically configurable processes and want to continuously optimize business performance.
Zurich, Switzerland, April 12, 2010 -- Gartner, the world's leading information technology research and advisory company, has named Whitestein Technologies a Cool Vendor in Business Process Management (BPM).[1,2]

With its Living Systems Process Suite, Whitestein pioneers BPM software that zeroes in on business goals to drive the management and continuous optimization of dynamic processes. Its unique concept and architecture supports goal-oriented processes and the ability to self-adapt to changing business conditions. This is attractive to organizations that want to remain agile while reducing the total cost of ownership (TCO) of BPM in a dynamic world.

Jim Sinur, Research VP of Gartner states in the report that organizations requiring dynamically configurable processes “will want to continually optimize their processes, and to have this optimization happen in a semiautomatic or automatic fashion.” He goes on to remark that “typically, organizations need to combine multiple technologies or vendors by themselves to create this kind of process behavior today.”

The Living Systems Process Suite remains the only integrated full-lifecycle BPM suite to support the goal-oriented design, execution, monitoring, and automatic optimization of business and operational processes.

By making the adaptation and improvement of structured and unstructured processes painless and quick, the Living Systems Process Suite is perfectly suited for situations of high market and business dynamics that require frequent and swift response to changing conditions. It provides business professionals and IT experts with intuitive tools to collaboratively capture and easily adapt a process’ various objectives and the activities that will fulfill them in different ways. The software then dynamically chooses the most suitable approach to fulfilling each process goal and automatically readjusts its course whenever necessary.

On being named as a Gartner Cool Vendor in BPM, Urs-Peter Oehen, CEO of Whitestein Technologies said: "We are delighted to be recognized as an innovative vendor by Gartner. It is very pleasing to see our outlook on the business value of adopting agile, goal-oriented BPM being recognized. We believe being chosen as a Cool Vendor in BPM confirms the unique and exceptional qualities of our offering and gives us a great boost for growing our market reach further.”

Gartner clients can access the report at www.gartner.com/DisplayDocument?id=1338431.

[1] About Gartner's Cool Vendors Selection Process: Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

[2] Gartner, Inc: “Cool Vendors in Business Process Management, 2010”, April 9, 2010

Whitestein Technologies is a pioneer of self-adaptive enterprise software. We create software that responds to changing conditions so it can optimize your processes and infrastructures in real-time. To stay ahead, we are continuously advancing our innovations in the field of autonomous software agent technology. Whitestein Technologies' flagship product is the Living Systems Process Suite, introducing Goal-Oriented BPM to master process agility. The Process Suite offers a fully integrated environment for enterprise-strength deployments. Whitestein Technologies was founded in 1999 and is privately held. The firm is headquartered in Zürich (Switzerland) with several global offices.
Web: www.whitestein.com

Whitestein Technologies AG
Michael Felber, Head of Corporate & Marketing Communications
Tödistrasse 23
CH-8002 Zürich
Switzerland
Phone +41442565000
E-mail mfe@whitestein.com

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