PNMsoft Announces at Gartner Symposium/ITxpo 2010

PNMsoft Poised to Take Advantage of Growth in Cloud Computing and BPM Markets Revenue Growth of over 70% in Q3 2010
By: shapira marketing
 
Nov. 8, 2010 - PRLog -- Below is the latest announcement for PNMsoft, being made today at the Gartner Symposium/ITxpo 2010 in Cannes.  PNMsoft has succeeded to increase US sales through growth of their BPM applications using Cloud Computing delivery models.  If you would like to arrange an interview with the management of PNMsoft, please contact:

Nancy Shapira
PR Consultant
Cell Phone: +447700072586
E-mail: nancy@gksmarketing.com
Or Paul Sheridan
VP Marketing and Sales, PNMsoft
+44 7738 248549
pauls@pnmsoft.com


Cannes, France, November 8, 2010, PNMsoft today announced from the Gartner Symposium/ITxpo 2010 in Cannes, France that PNMsoft is poised to take advantage of growth in both Cloud Computing and BPM markets based on a very successful third quarter with company growth of over 70% compared to Q3 2009.  Of that 70% growth about 50% was repeat business from satisfied customers in Government, Insurance, Outsourcing, and Utilities industries.  PNMsoft’s U.S. revenues of “BPM in the Cloud” surpassed revenues of regular BPM deployments for the first time. PNMsoft was selected by Gartner as a 2010 Cool Vendor in BPM1and was positioned in Gartner’s Magic Quadrant for BPMS 20102

Gartner defines a cloud-enabled business process management (BPM) platform as a technology platform that “uses BPM technologies to construct and optimize process-centric solutions in a software-as-a-service (SaaS) or cloud service delivery model.” 3

“Worldwide cloud services revenue is forecast to reach $68.3 billion in 2010, a 16.6 percent increase from 2009 revenue of $58.6 billion,” according to Gartner, Inc. “The industry is poised for strong growth through 2014, when worldwide cloud services revenue is projected to reach $148.8 billion.” 4  

“PNMsoft’s Cloud model is extremely flexible since PNMsoft’s BPMS tool-SEQUENCE was built on web technologies and supports all different cloud scenarios from fully shared to nothing shared.  Customers that want to optimize costs can use the fully shared version but we can also offer BPM in a private cloud for very security conscious customers.   Two examples of customers using our BPM cloud offering are a Tier 1 Insurance company in the UK and a Tier 1 Utility company in the U.S.  Many of our customers use our cloud offering to share processes with their international offices, customers and partners which enables a secure way to communicate and work efficiently with their entire ecosystem.  Our Cloud offering is exceeding expectations with a 100% growth rate and we forecast significant growth for 2011,” says Gal Horvitz, CEO, PNMsoft.

PNMsoft will be exhibiting in Booth I1 and Paul Sheridan will be speaking on Tuesday, November 9th from 18:15-18:25 on the topic:
PNMsoft: How Atos Origin Manages Change and Outsourcing Processes using PNMsoft SEQUENCE
Speaker: Paul Sheridan
Session Type: Emerging Technology Pavilion Theater Presentation
Location: Palais des Festivals - ITxpo Theater 1
ID: 19Ua

1Cool Vendors in Business Process Management, 2010, Michele Cantara et al, April 9, 2010.
2Magic Quadrant for Business Process Management Suites, Jim Sinur, Janelle Hill, October 18, 2010.
3Hype Cycle for Cloud Computing, David Mitchell Smith, 2009, July 27, 2009
4Gartner Press Release, Gartner Says Worldwide Cloud Services Market to Surpass $68 Billion in 2010, June 22, 2010.

About PNMSoft:
PNMsoft was founded in 1996 by experts in human workflow processes and specializes in Business Process Management (BPM) and Workflow Automation solutions for business users. The company is a multi-national enterprise with its headquarters in the UK and a global network of business partners and associated offices. PNMSoft offers the best and quickest ROI for Enterprise and High-end midmarket organizations seeking a high-end BPMS based on the Microsoft stack.
PNMsoft is noted for looking beyond pure software issues, towards concerns such as customization and fast ROI. The company has forged close and long-standing partner relationships, particularly with Microsoft, which has appointed it a Microsoft Gold Certified Partner and the Partner of the year 2009 award finalist. PNMsoft is also a member of the Microsoft Business Process Alliance.

For more information about PNMsoft’s News and Events: http://www.pnmsoft.com/news.aspx
For Whitepapers on BPM: http://www.pnmsoft.com/resources.aspx
PNMsoft’s Blog: http://www.pnmsoft.com/bpm-blog.aspx

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.

About Gartner Symposium/ITxpo
Celebrating its 20th anniversary, Gartner Symposium/ITxpo is the world's most important gathering of CIOs and senior IT executives. This event delivers independent and objective content with the authority and weight of the world's leading IT research and advisory organisation, and provides access to the latest solutions from key technology providers. Gartner's annual Symposium/ITxpo events are key components of attendees' annual planning efforts. IT executives rely on Gartner Symposium/ITxpo to gain insight into how their organisations can use IT to address business challenges and improve operational efficiency. Additional information is available at www.gartner.com/eu/symposium. Members of the media can register for the event by contacting Laurence Goasduff at laurence.goasduff@gartner.com.

Additional information from the event will be shared on Twitter at http://twitter.com/Gartner_inc and using #GartnerSym.

# # #

PR, IR, AR and outsourced Marketing and Marcom Services

Our Global Marketing Team can offer you a modular retainer based set of services that you can use to optimize your marketing budget. All marketing activities are based on your business goals and objectives. We will work with your team to develop, implement, and measure your marketing campaigns successfully. Our Team is led by Nancy Shapira-Aronovic with over 15 years of experience in creating and executing Marketing, AR, PR and Marcom Campaigns for technology companie
End
Source:shapira marketing
Email:***@gk-biz.com
Tags:Pnmsoft, Gartner, Business Process Management, Cloud Computing
Industry:Technology, Telecom
Location:Israel
Account Email Address Verified     Disclaimer     Report Abuse
Gelbart Kahana News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share