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Axentis Wins IBM PartnerWorld Beacon Award
for IGS Teaming for Independent Software Vendors
SaaS-based Compliance Solution Delivers Reduced Total Cost of Ownership
CLEVELAND, OH, April 9, 2007 – Axentis has been named winner of the “IGS Teaming Award for Independent Software Vendors (ISVs)” award in the annual IBM PartnerWorld Beacon Awards competition, recognizing IBM Business Partners for their ingenuity, innovation, customer satisfaction and outstanding achievements in providing on demand business solutions.
Leading customers look to Axentis to address key areas of concern including Sarbanes-Oxley, Information Privacy, Ethics & Integrity, Legal & Regulatory and Enterprise Risk Management with its IBM-hosted, Axentis Enterprise governance, risk and compliance solution. Axentis Enterprise helps clients stay ahead of the impending government mandates and prepare for future compliance needs.
Axentis saw the benefit to delivering its management software non-traditionally, using a Software as a Service (SaaS) business model. Teaming with IBM (NYSE: IBM) was advantageous to Axentis Enterprise users, as IBM could deploy the Axentis audit-ready software using e-business Hosting™ services in SAS 70 Type II facilities.
Today, over 740,000 worldwide users of Axentis Enterprise software access the product via IBM hosting and enjoy an estimated 60 percent reduction in total cost of ownership. To learn more about Axentis solutions, please visit http://www.axentis.com/axentis_solutions.aspx.
Judges remarked that Axentis “has a unique compliance, risk and governance application that is delivered totally as service using IBM hosting, which helps take care of the scaling requirements of their clients. This is a good way of delivering this kind of solution to the SMB and enterprise space.”
"Recognized by the Beacon Awards, Axentis has worked closely with IBM and its Business Partners to provide clients with innovative solutions that solve real business issues," said Ravi Marwaha, general manager, IBM Global Business Partners. “Axentis has set the standard for business excellence by delivering unique solutions as well as high customer satisfaction."
“IBM has been an essential partner for Axentis in delivering the only GRC solution leveraging a pure SaaS model to effectively address the broadest range of GRC needs,” said Robert F. Hoyt, CEO at Axentis. “It is a great honor to win an IBM Beacon Award.”
About IBM PartnerWorld Beacon Awards:
Nearly 662 nominations were judged by a team of leading industry journalists, analysts, and IBM executives, who selected winner and finalists in 38 award categories. These IBM Business Partners will be honored during the IBM PartnerWorld 2007 Conference in St. Louis, April 29 -May 2. For more information about the IBM PartnerWorld Beacon Awards please visit http://www-1.ibm.com/partnerworld/pwhome.nsf/weblook/pw2007_awards.html.
About Axentis:
Axentis delivers the only on-demand business performance optimization environment that empowers companies to turn governance, risk and compliance initiatives into better business performance and competitive advantage. With its unique software-as-a-service (SaaS) model, Axentis Enterprise (Ae) Suite delivers a one-world view of the entire organization for better risk management, mitigation and compliance. Ae is easy-to-use and can be deployed quickly, delivering immediate impact and a quick return on investment (ROI). Axentis was recently named an industry leader by Forrester Research in its “Government, Risk and Compliance Wave Study™” and a “Cool Vendor” by Gartner, which also recognized Axentis in a report titled, “Adoption of Software-as a-Service Is Happening Outside of CRM.” Current Axentis customers include ADT and AstraZeneca Pharmaceuticals. Axentis is headquartered in Cleveland, Ohio with data centers in Boulder, Colorado and Basel, Switzerland. For more information, please visit http://www.axentis.com.
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