Source: Pegasystems
Pegasystems Inc (NASDAQ: PEGA)., the leading provider of smart business process management (BPM) software (NASDAQ: PEGA) and SHS Informationssysteme AG(XETRA:SHSG.DE), the leading European provider of customer risk and value management solutions, today announced that they have formed a strategic partnership to promote Pegasystems technology amongst customers in Germany, Spain and Portugal.
Under the terms of the agreement, the two companies will jointly promote and deploy Pegasystems' BPM offering and value proposition together with SHS'Guardean product as a "super process" running in conjunction with the Pegasystems product suite.
David Wells, Vice President and Managing Director of Pegasystems Europe, said: "This alliance promises great benefits for both parties and our customers. Working with SHS will ensure that Pegasystems further consolidates its position in the BPM market. It is also a further endorsement of the Pegasystems portfolio and knowledge of the BPM space."
Dirk Roesing Chief Executive Officer of SHS Informationssysteme (Xetra: 507240.DE) AG, said: "BPM enables organisations to improve processes and increase operational efficiency with measurable and proven ROI. Now with the addition of Pegasystems to our product portfolio we will be able to offer our clients another effective and innovative solution to fit on our customer needs.
"The current market environment demands more and more "solutions made to fit." Our Guardean product suite and extensive IT domain expertise combined with the excellence of Pegasystems' products provides a great BPM solution for our customers' present and future needs."