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Metastorm Doubles Research & Development Team
Global Leader in EA, BPA, and BPM Increases Investment in Product Innovation, Establishes Research Center of Excellence
BALTIMORE, MD – October 16, 2007 – Metastorm, a leading provider of Business Process Management (BPM), Business Process Analysis (BPA), and Enterprise Architecture (EA) software for aligning strategy with execution, today announced that it has doubled the size of its development team to increase its focus on innovative product development across its software portfolio. In addition, the company has established a Center of Excellence team focused on research and rapid prototyping of new concepts.
The 100% increase in development staff will allow Metastorm to achieve its objective of delivering the entire Metastorm Enterprise™ portfolio on a single meta-model with a shared services repository to enable its customers to align enterprise strategy with process analysis and execution, while in parallel developing new innovative capabilities within each product discipline to ensure Metastorm remains a leader in the EA, BPA, and BPM markets.
Metastorm’s new Research Center of Excellence is comprised of a Chief Research Officer and senior level product experts who will be engaged in planning and designing innovative software enhancements, working with analysts and customers to validate new ideas and prototypes, and serving as evangelists to help communicate Metastorm’s product vision and ensure that the full depth and breadth of product capabilities are adequately known to potential customers.
“Metastorm has established and maintained a leadership position in three highly competitive software markets, largely due to the incredible success our customers have realized as a result of leveraging Metastorm’s software in their business process modeling and management initiatives,” stated Greg Carter, CTO and vice-president of Product Development for Metastorm. “With our recent acquisition of Proforma Corporation, we are in a unique position to provide our customers with a single, end-to-end platform for enterprise modeling, business process analysis and optimization, and human-centric and integration-centric business process management. Our decision to double our investment in product development will ensure we deliver on our vision for the Metastorm Enterprise™ platform, continue to deepen product functionality, maintain an innovative edge over our competitors, and continue to deliver the superior level of customer results the market has come to expect from Metastorm.”
About Metastorm
With a focus on enterprise visibility, optimization, and agility, Metastorm offers market-leading solutions for Enterprise Architecture (EA), Business Process Analysis & Modeling (BPA) and Business Process Management (BPM). As an integrated product portfolio, Metastorm Enterprise™ allows organizations to maximize business results by unifying strategy, analysis and execution. Metastorm is the only solution provider to bring together these critical disciplines on a single software platform to enable an understanding of enterprise architecture and strategy, accurate impact and opportunity assessment, effective process execution, and accelerated value realization for organizations worldwide. For more information on powering strategic advantage with Metastorm Enterprise, visit www.metastorm.com.
© Copyright 2007, Metastorm Inc. All rights reserved. Metastorm BPM, Metastorm Enterprise, Enterprise Process Advantage, Metastorm DNA and Process Pod are either trademarks or registered trademarks of Metastorm Inc. Other product, service and company names mentioned herein are for identification purposes only and may be trademarks of their respective owners.
THIS NEWS RELEASE CONTAINS ARCHIVAL INFORMATION, WHICH SHOULD NOT BE CONSIDERED CURRENT AND MAY NO LONGER BE ACCURATE.
Press Contact Information:
Gina Karr
Metastorm
T: +1 443-874-1260
T: +44 (0) 208 971 1519
gkarr@metastorm.com
Shahed Ahmed
Merritt Group
T: +1 703-390-1515
ahmed@merrittgrp.com
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