SAN FRANCISCO, May 13, 2021 /PRNewswire/ -- As contract
lifecycle management (CLM) continues to play an increasingly
important role in the digital transformation of agreements,
DocuSign (NASDAQ:DOCU) was today named a Leader in the 2021 Magic
Quadrant for CLM research report by Gartner, Inc.
This is the second year in a row that DocuSign has ranked as a
Leader, this year placing highest among the 15 vendors evaluated on
the "ability to execute" axis, and highly on the "completeness of
vision" axis.
"A lot has changed in the year since Gartner published the last
MQ for CLM—but one thing that hasn't is our commitment to lead the
CLM category by helping our customers and partners manage the
entire lifecycle of their agreements," said DocuSign COO,
Scott Olrich.
"Over the past year we have invested heavily in the DocuSign
Agreement Cloud and CLM, as well as in advanced analytics and
artificial intelligence—including our acquisition of Seal Software.
We have also continued to demonstrate CLM strength in the partner
ecosystem—both with system integrators and our ability to integrate
into core sales, legal, and procurement systems. We believe this
continues to position us at the forefront of the market."
According to Gartner: "Leaders are in the strongest position to
influence the market's growth and direction. They demonstrate a
market-defining vision for how CLM technology can help companies
achieve the business objectives of managing compliance and reducing
process bottlenecks. Leaders can execute against that vision
through products and services, and have demonstrated business
results in the form of revenue and earnings. They excel in their
combination of market understanding, innovation, product features
and functions, and overall viability. While maintaining a
well-established base of long-term customers, Leaders show a
consistent ability to win new deals with successful
implementations. They have customers in the largest number of
geographic regions, and cover a wide variety of industries and
sizes of organization. Leaders are often the vendors that other
providers measure themselves against."1
To read more about DocuSign's position and to learn more about
the CLM category as a whole, a complimentary copy of the Gartner,
Inc. "Magic Quadrant for CLM" is available for download here.
1 Gartner, Inc. "Magic Quadrant for
Contract Lifecycle Management," Patrick
Connaughton, Kaitlynn
Sommers, Marko Sillanpaa,
May 11 2021
Gartner Disclaimer
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.
Media Relations
Adrian
Wainwright
Head of Communications
media@docusign.com
Investor Relations
Annie
Leschin
VP Investor Relations
investors@docusign.com
About DocuSign
DocuSign helps organizations connect
and automate how they prepare, sign, act on, and manage agreements.
As part of the DocuSign Agreement Cloud, DocuSign offers
eSignature, the world's #1 way to sign electronically on
practically any device, from almost anywhere, at any time. Today,
over 820,000 customers and hundreds of millions of users in over
180 countries use the DocuSign Agreement Cloud to accelerate the
process of doing business and to simplify people's lives.
For more information, visit www.docusign.com, call
+1-877-720-2040, or follow @DocuSign on Twitter, LinkedIn and
Facebook.
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SOURCE DocuSign, Inc.