Datacert positioned furthest on the "Completeness of Vision" axis
HOUSTON, Nov. 7, 2013 /CNW/ - Datacert, Inc., the premier global provider of enterprise legal management solutions, announced today that it has been named a "Leader" in the 2013 Gartner Magic Quadrant for Enterprise Legal Management (ELM). Placement in the upper-right "Leaders" quadrant is reserved for vendors that Gartner determines have the highest evaluation across two broad categories: completeness of vision and ability to execute. Among the vendors that were evaluated, Gartner positioned Datacert furthest on the "completeness of vision" axis. Completeness of Vision is a broad evaluation category that includes assessments of vendors' market understanding and strategy across eight detailed sub-categories.
According to the report, "As the ELM software market enters a new phase of maturity and begins to climb the Slope of Enlightenment on the Gartner Hype Cycle, the leaders are characterized by several different capabilities. Customers are looking to leaders in this market to provide a solid base of functionality across the five main ELM use cases that can be implemented with relative ease. Leaders are also noted for their ability to innovate and meet the future needs of corporate legal departments across a range of industries and geographies."
"We're very proud to have been named a Gartner Magic Quadrant 'Leader' for ELM. Our client base consists of sophisticated, global companies that have the most complex requirements for their legal technology. We support these companies with the most advanced technology in the market, with solutions that no other vendor can deliver," stated Jim Tallman, president and chief executive officer, Datacert. "We believe our position in the Gartner Magic Quadrant clearly reflects Datacert's visionary leadership, as well as our extensive and unmatched experience meeting the complex needs of the biggest companies in the world."
Enterprise Legal Management, a market designation coined by Datacert in 2010 and later adopted by vendors and analysts across the industry, is defined by Gartner as, "part of a growing category of corporate governance, risk and compliance (GRC) software applications focused on supporting the legal and compliance departments, corporate secretaries, board of directors, and senior management through better documentation, spend management, information availability and collaboration."
According to this report, ELM includes integrated solutions for matter management, e-billing, spend management, document management, and business process management. Datacert's full product portfolio also includes enterprise-class solutions for governance, risk, and compliance (GRC) management, insurance claims defense management, and legal data analytics, all of which are integrated with the company's core ELM offerings.
"Datacert is the only vendor in the 'Leaders' quadrant that has this breadth of enterprise-class solutions that allow companies to have visibility into and manage their broader risk exposure across departmental lines," said Tallman. "For clients the size of ours, with the increasing challenges of regulatory pressures, having unified control across compliance, risk, and legal initiatives is essential."
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. 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.
Gartner, Inc., Magic Quadrant for Enterprise Legal Management, John A. Wheeler, October 23, 2013.
About Datacert, Inc.
Datacert is a global technology innovator and the premier provider of enterprise legal management software and services that empower corporate legal, compliance, and risk departments and claims organizations to operate more efficiently, support changing business needs and global workforces, and collaborate with external service providers. Datacert's offerings include its patented technology platform, Passport®, solutions to manage legal matters, mitigate risk, and control legal and claims spend, as well as innovative business intelligence offerings for organizations that require advanced legal decision support. Datacert solutions are used by Fortune® 500 and Fortune Global 500 corporations, 100 percent of the AmLaw 200, and thousands of legal suppliers around the world. Headquartered in Houston, Texas with offices throughout North America, EMEA, and APAC, Datacert has law firm, vendor, and agent connections in more than 140 countries. Visit www.datacert.com for more information and follow us on Twitter for real-time updates at http://twitter.com/Datacert.
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