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Monday, April 11, 2005

Independent Research Firm Names OpenPages as a Leader in Newly Released Sarbanes-Oxley Compliance Software Report

OpenPages announced today that Forrester Research named the company the leading Sarbanes-Oxley compliance software provider in its recently released "Forrester Wave™: Sarbanes-Oxley Compliance Software, Q1 2005." The report compared OpenPages to eight organizations that provide enterprise application, enterprise content management and specialty compliance software products, rating each company on the following focus areas: current product offering, strategy, and market presence. The technology providers were graded on a total of 58 types of criteria based on questionnaires, supplemental information, customer deals, market visibility, and Forrester knowledge gathered from product demonstrations, briefings and ongoing research. Within each of the three main focus areas, Forrester deemed OpenPages as a strong performer having "achieved solid product maturity as a result of multiple product releases and significant customer adoption."

Of the three key areas of interest, OpenPages proved to be a leader in terms of strategy -- ranking high in terms of technology strategy and vision and product development. In comparison to competitive vendors within the Sarbanes-Oxley compliance space, OpenPages was recognized for its strong usability across enterprise companies through a well-designed graphical user interface, reporting and collaboration differentiators. In addition, OpenPages was cited as expanding to support broader enterprise risk management (ERM) strategies. Forrester believes that this expanded functionality "will be important going forward, not only to support the broader compliance and management needs of enterprises, but also to ensure the ongoing viability of the specialized vendors."

Independent Research Firm Names OpenPages as a Leader in Newly Released Sarbanes-Oxley Compliance Software Report (Forrester Wave PDF)


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