SCOTTSDALE, Ariz. and PARIS - Axway today announced that it received a "Positive" rating in Gartner's "MarketScope for Business Activity Monitoring Platforms, 3Q06,"i an evaluation of business activity monitoring (BAM) platform solutions from nine vendors. Axway's solution, Synchrony BAM, enables supply chain monitoring, policy compliance and transaction track and trace. Synchrony BAM provides businesses with a global surveillance solution, which tracks processing chains at both technical and business levels.
"We believe our position in Gartner's MarketScope for Business Activity Monitoring Platforms confirms that we are continuing to meet the needs of organizations looking to implement collaborative business solutions," says Dave Bennett, chief technology officer, Axway. "During the first half of 2006, our business monitoring products and solutions were a key part of the license sales at two-thirds of our top 25 accounts worldwide. This validates the industry demand for our end-to-end technology. We believe the success is not only due to our strong business monitoring capabilities, but also because of our interoperable Synchrony platform."
According to the MarketScope, which was written by Gartner Research Director Bill Gassman, "A promising business activity monitoring market exists for organizations looking to deploy these platforms, and many good products are available... Leading products are able to connect to multiple event sources, address complex monitoring requirements and perform well enough to handle heavy streams of events... By 2010, the adoption of BAM platforms will grow at least 200 percent from 2006 levels (0.7 probability)." Additionally, Gassman writes, "The market demand for BAM platforms will continue initially driven by the need for availability and broader access to events outside of a specific application."
Axway's Synchrony BAM enables organizations to monitor, correlate and analyze transactions and events in real-time, allowing exception-based management of business activities. The ability to view transactions in the context of the lifecycle of a business process, such as purchase order to invoice to payment, gives organizations proactive visibility into the health of its business.
Each BAM solution was evaluated based on market understanding, marketing strategy, vertical/industry strategy, innovation, product/service, responsiveness and customer experience.
According to the report, "A BAM platform is a separate and complete software product, designed and marketed to develop and deploy a broad set of BAM applications." As a result of Axway's merger with Cyclone Commerce in June 2006, the two companies offer Synchrony BAM, which is comprised of:
For additional information on Synchrony BAM, please visit:
www.axway.com/products/synchrony_bam.php
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About Axway
Axway is the Business Interaction Networks company — the only provider in the market today to manage, run, secure, and monitor all of your business interactions, including email, files, messaging, services, events, and processes. Serving over 11,000 organizations in more than 100 countries, Axway facilitates the multi-enterprise transactions, processes and integration that accelerate business by eliminating the barriers between vendors, customers, departments, partners and suppliers. Axway's comprehensive offerings include business-to-business integration, managed file transfer, secure email, business activity monitoring, enterprise application integration, service-oriented architecture, business process management, track & trace and identity validation solutions. Axway provides professional and managed services, as well as cloud computing and Software-as-a-Service (SaaS) offerings. Headquartered in Phoenix, Arizona, Axway's global presence spans 20 countries.
MarketScope Disclaimer
The MarketScope is copyrighted August 16, 2006 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation 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 MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
iGartner Research "MarketScope for Business Activity Monitoring Platforms, 3Q06"
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