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Axentis Named "Cool Vendor" by Leading Analyst Firm

Vendors Selected for the “Cool Vendor” Report are Innovative, Impactful and Intriguing  

Cleveland, OH—April 7, 2006— Axentis , a leading provider of governance, risk and compliance (GRC) management solutions, today announced that Gartner has named the company in the “Cool Vendors in IT Services and Outsourcing, 2006” Report, which was published on March 21,2006 by Ben Pring, et al. Gartner’s report on “cool vendors” highlights vendors in the IT services and outsourcing field that have caught Gartner’s interest or curiosity in approximately the past six months. Gartner defines a “Cool Vendor” as a company that offers technologies or solutions that are innovative, impactful, and intriguing.”

“We are pleased to be included in the Gartner ‘cool vendor’ list,” said Roger Bottum, vice president marketing of Axentis. “With our SaaS focus, Axentis has become the only provider capable of offering applications dynamic enough to empower Global 2000 organizations to comply with regulations, limit exposure and ultimately reduce risk. It is this model that has propelled us into a position of leadership within the GRC space.”

The Gartner “Cool Vendor” inclusion falls on the heels of Axentis’s recent evaluation in Gartner’s February 2006 report “Adoption of Software-as a-Service Is Happening Outside of CRM.” The report recognizes compliance management as the second largest market for SaaS (after CRM) today. The report is available at www.axentis.com.

As the only GRC company to leverage the SaaS model, Axentis Enterprise ensures consistent workflow, reporting, security and content management. Currently 600,000 users from Global 2000 companies located in more than 100 countries trust Axentis with their GRC requirements. Whether tackling Sarbanes-Oxley, HIPAA, Corporate Code of Conduct, Anti Money Laundering statutes or General Human Resources Policies, Axentis Enterprise is the common platform resource used to automate processes, reduce costs and manage risk.

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 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). Organizations including First Data Corporation, ADT and AstraZeneca Pharmaceuticals rely on Axentis for peace of mind and superior results. For more information, please visit http://www.axentis.com.

 

Media Contacts:
Doug Fraim
Racepoint Group, Inc.
781-487-4622
dfraim@racepointgroup.com

 

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