Epicor(R) Positioned as a Visionary in Magic Quadrant for ERP for Product-Centric Midmarket Companies
January 05 2011 - 9:00AM
Marketwired
Epicor Software Corporation (NASDAQ: EPIC), a leading provider of
enterprise business software solutions for the midmarket and
divisions of Global 1000 companies, today announced that Epicor 9
is positioned as a Visionary in Gartner's Magic Quadrant (MQ) for
ERP (Enterprise Resource Planning) for Product-Centric Midmarket
Companies.(1)
The MQ for ERP for Product-Centric Midmarket Companies evaluates
products that have a global presence and are specifically tailored
for product-centric midmarket companies with roughly $50 million to
$1 billion in revenue. To download the full report, visit
http://www.epicor.com/Company/Pages/ERPMagicQuadrant.aspx.
Innovative Approach to Midmarket ERP
"Epicor's focus to bring unique value to our customers is what
drives us to continually deliver technology innovations and
services that offer unprecedented choice and flexibility," said
George Klaus, chairman, president, and CEO of Epicor. "We believe
our positioning as a visionary vendor in this report supports our
long-standing commitment to providing our customers with flexible,
scalable and cost-effective solutions that keep pace with the
latest technologies and industry best practices; the successful
execution of a multi-product consolidation strategy with Epicor 9
-- something no other vendor has achieved -- is testament to our
commitment to helping our customers increase efficiency and
productivity, and ultimately achieve their business
objectives."
The award-winning Epicor 9 offering was released in December
2008, representing the convergence of Epicor's 25 years of
experience delivering enterprise-wide solutions into a single
next-generation global ERP solution. Today, over 300 customers
worldwide are live on Epicor 9, and the solution has been shipped
to over 2,000 sites in 56 countries, including shipments to over
800 new customers.
Major Market Trends and Changes According
to Gartner, among the major trends and changes in the market since
the last publication of this Magic Quadrant is, "Service-oriented architecture (SOA) and BPM prove their
value in packaged applications for the midmarket: A
combination of SOAs and BPM concepts allow for an unprecedented
level of flexibility and adaptability."(2)
During 2010, Epicor announced a major new release of its
next-generation Epicor 9 ERP designed to help organizations take
advantage of the changing economic tide. Featuring Epicor True SOA™
the solution delivers a powerful, visionary foundation that enables
companies to better use and derive benefits from ERP at a business
level. Epicor's newest ERP offering also delivers substantial
capabilities focused on cost reduction, process improvement and
customer responsiveness -- stated top priorities toward achieving
business recovery and growth.
Epicor also extended industry-specific capabilities for
companies in manufacturing, distribution, financial services,
construction and engineering, and project-based organizations
within the new release. Broadening the reach into the services
sector, strong new capabilities in the areas of project management
and accounting will assist businesses involved in government
contracting work, and related professional services. Epicor
continues to leverage modern technology with its innovative
approach to architecture, mobility, embedded analytics and built-in
business process management (BPM) features, designed to offer
businesses both choice and a high level of flexibility -- delivered
on-premise, as a managed service, or in the cloud.
Product Availability The latest version of
Epicor 9 became available in March 2010. For more information on
Epicor ERP solutions visit
http://www.epicor.com/products/pages/epicor.aspx.
1, 2 Gartner, Inc., "Magic Quadrant for ERP for Product-Centric
Midmarket Companies," Christian Hestermann, Chris Pang, Nigel
Montgomery, December 17, 2010
About the Magic Quadrant The Magic
Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with
permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any
vendor, product or service depicted in the Magic Quadrant, and does
not advise technology users to select only those vendors placed in
the "Leaders" quadrant. The Magic Quadrant is intended solely as a
research tool, and is not meant to be a specific guide to action.
Gartner disclaims all warranties, express or implied, with respect
to this research, including any warranties of merchantability or
fitness for a particular purpose.
About Epicor Software Corporation Epicor
Software is a global leader delivering business software solutions
to the manufacturing, distribution, retail, hospitality and
services industries. With 20,000 customers in over 150 countries,
Epicor provides integrated enterprise resource planning (ERP),
customer relationship management (CRM), supply chain management
(SCM) and enterprise retail software solutions that enable
companies to drive increased efficiency and improve profitability.
Founded in 1984, Epicor takes pride in more than 25 years of
technology innovation delivering business solutions that provide
the scalability and flexibility businesses need to build
competitive advantage. Epicor provides a comprehensive range of
services with a single point of accountability that promotes rapid
return on investment and low total cost of ownership, whether
operating business on a local, regional or global scale. The
Company's worldwide headquarters are located in Irvine, California
with offices and affiliates around the world. For more information,
visit www.epicor.com.
Follow Epicor on Twitter: https://twitter.com/Epicor
Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.
Contact: Lisa Preuss Director, Public Relations Epicor Software
Corporation 949/585-4235 lpreuss@epicor.com Damon Wright Vice
President, Investor Relations Epicor Software Corporation
949/585-4509 dswright@epicor.com
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