HOLON, Israel and ROCHELLE PARK, New Jersey, September 9, 2015 /PRNewswire/ --
Sapiens included in Business Intelligence and
Analytics, Business Process Management, Application
Architecture and Consumer Goods reports
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a
leading global provider of software solutions for the financial
services sector, announced today that it was cited as a "Sample
Vendor" in four different Hype Cycle reports published by Gartner
Inc., a leading IT research and advisory company.
(Logo:
http://photos.prnewswire.com/prnh/20120508/531104 )
Sapiens International (Sapiens) was recognized in the Decision
Management category of the following Gartner Hype Cycle 2015
reports:
- Hype Cycle for Business Intelligence and Analytics, 2015, by
Kurt Schlegel, August 4, 2015
- Hype Cycle for Business Process Management, 2015, by
Bruce Robertson, July 29, 2015
- Hype Cycle for Application Architecture, 2015, by Anne Thomas, July 29,
2015
- Hype Cycle for Consumer Goods, 2015, by Don Scheibenreif and Dale Hagemeyer, July 17,
2015
Gartner Hype Cycles help potential clients cut through industry
hype by presenting a graphic representation of the maturity and
adoption of technologies and applications, and how they are
relevant to solving real business problems and exploiting new
opportunities. Gartner Hype Cycle methodology focuses on today's
reality, as well as how a technology or application will evolve
over time.
In the Hype Cycle for Business Process Management published in
July 2015, Gartner noted, "Early use
of decision management was concentrated in insurance and loan
underwriting, mortgage approval and determination of subsidies,
welfare, and taxes. More recently, decision management has spread
into other data- and logic-intensive applications, such as
compliance, fraud detection, risk management, cross-selling and a
variety of others in virtually every industry."
"Sapiens is honored to be recognized by Gartner. We believe that
the inclusion of Sapiens in multiple Hype Cycles is evidence of the
breadth and depth of our enterprise-grade decision modeling
platform, Sapiens DECISION, as well as its ability to enable
business transformation by providing tangible and significant
benefits across verticals," said Rami
Doron, managing director of Sapiens DECISION. "By automating
business processes and bridging the gap between IT and the
business, Sapiens DECISION consistently helps to streamline
operations and reduce costs."
Since its release in November
2011, Sapiens DECISION, based on the principles of The
Decision Model, has revolutionized the field of decision
management. It enables businesses, for the first time since the
advent of business automation, to model, test, maintain and manage
their business logic, independent of implementation technology. A
number of the world's leading financial institutions are using
Sapiens DECISION to author, manage and automate the operational,
policy and regulatory decisions made on a regular basis.
Gartner does not endorse any vendor, product or service
depicted in its research publications, and does not advise
technology users to select only those vendors with the highest
ratings or other designation. Gartner research publications consist
of the opinions of Gartner's research organization and should not
be construed as statements of fact. Gartner disclaims all
warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a
particular purpose.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a
leading global provider of software solutions for the insurance
industry, with an emerging focus on the broader financial services
sector. Sapiens offers core, end-to-end solutions to the global
general insurance, property and casualty, life, pension and
annuities, reinsurance and retirement markets, as well as business
decision management software. The company has a track record of
over 30 years in delivering superior software solutions to more
than 170 financial services organizations. The Sapiens team of over
1,500 professionals operates through our fully-owned subsidiaries
in North America, the United Kingdom, EMEA and Asia Pacific. For more information:
http://www.sapiens.com.
Investor and Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Corporate Communications
Sapiens International
Mobile: +1-201-250-9414
Phone: +972-3-790-2026
Email: Yaffa.cohen-ifrah@sapiens.com