SPARK Matrix for Intelligent Business Process Management Suites identifies Axon Ivy as the leader in 2023

• The Quadrant Knowledge Solutions SPARK Matrix provides competitive analysis & ranking of the leading Intelligent Business Process Management Suites (iBPMS) vendors.

• Axon Ivy, with its comprehensive technology and customer experience management, receives strong ratings across the parameters of technology excellence and customer impact.

Quadrant Knowledge Solutions announced that it has named Axon Ivy as a 2023 technology leader in the SPARK Matrix analysis of the global Intelligent Business Process Management Suites market.

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The Quadrant Knowledge Solutions SPARK Matrix includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix. It gives strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.

According to Arun U, Analyst at Quadrant Knowledge Solutions, “Axon Ivy provides a unified platform for no-code, low-code, and full-stack development, such that its open architecture enables collaboration by utilizing libraries, reusable sub-processes, data structures, and dialogs, fostering efficiency and teamwork.” He further adds, “Axon Ivy facilitates the rapid development of business processes for organizations through customizable templates, sample projects, and business-ready components, catering to various design and coding levels. The company is capable of catering to diverse customer needs across industry verticals, and with its comprehensive capabilities, compelling customer references, comprehensive roadmap and vision, and highly scalable product suite, Axon Ivy has received strong ratings across the parameters of technology excellence and customer impact and has been positioned as a leader in the SPARK Matrix: Intelligent Business Process Management Suites (iBPMS), 2023.”

“We are absolutely thrilled and very proud that Quadrant Knowledge Solutions has once again given Axon Ivy an excellent rating! Being recognized as a ‘Technology Leader’ really shows that Axon Ivy is a top player in the dynamic world of business process automation. This acknowledgment not only confirms our strong commitment but also reinforces our strong position in the iBPMS market. When it comes to expertise and technology, we proudly stand out as leaders, exploring new opportunities and setting high standards for excellence!” emphasizes Andreas Balsiger, Head of Product Management at Axon Ivy. “Using Axon Ivy, organizations achieve process optimization by effortlessly connecting people, data, and systems. This central orchestrator function not only simplifies operations but also enhances productivity, turning cost-saving into a practical achievement.”

Quadrant Knowledge Solutions defines Intelligent Business Process Management Suites as a cloud-based integrated group of technologies that automate business processes through low-code/no-code tools thus connecting people, systems, machines, and Internet of Things (IoT) together. Intelligent Business Process Management Suites (iBPMS) help organizations perform end-to-end business process management by incorporating real-time decision-making, complex event processing, business rules engine, and artificial intelligence. In addition, iBPMS offer interactive social media capabilities to encourage real-time ad-hoc interactions, collaboration, and sharing of knowledge between users, IT teams, as well as developers using ‘cross-channel mobility enabled’ devices. The model-driven approach of iBPMS enables organizations to map, monitor, manage, and control complex business processes and optimize organizational performance to provide a sustainable competitive advantage enabling the creation of an efficient, dynamic, and agile platform.

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iBPMS enables organizations to embrace any technological advancement and deliver products and services efficiently in conjunction with the enterprise goals. Intelligent business process management suites further help business organizations to effectively synchronize and manage workflows across multiple levels with appropriate mapping, simple and easy execution, accurate measurement, analysis, and control of business processes. The cloud-based low-code/no-code iBPMS is incorporated with a user-friendly interface that allows both professional developers and citizen developers to easily collaborate on the development of business processes and decision-making.

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