K2—Putting the BPM Establishment on Notice

In this first part of a two-part report, TEC's P.J. Jakovljevic takes a close-up look of the business process management (BPM) vendor K2, focusing on the business strategies and products that have allowed the vendor to become a serious contender in the BPM space.
The business process management (BPM) software market is a vibrant one, replete with viable providers. Over the last several years, K2 has expanded to become a serious contender in the BPM space, challenging the likes of IBM, Appian, Pegasystems, Tibco, OpenText, Software AG, and others. The company helps people build and run business applications including forms, workflow, data, and reports (see figure 1). Within departments and across enterprises, K2 customers can rapidly transform their companies with applications that connect their people to information and work, anywhere and at any time.


Figure 1

The company began operating in South Africa and expanded to create a global footprint with customers and partners in Europe, the US, and Asia. Adriaan van Wyk, the chief executive officer (CEO) of K2, Lenz le Roux, and Olaf Wagner established SourceCode in 1997. In 2000, SourceCode Technology Holdings, Inc. was founded with Global Headquarters in Bellevue, Washington. The product is based on Microsoft technologies, and the geographic closeness was apparently important to its founders. As figure 2 depicts, the company began doing business under the name of K2 in 2006 with the launch of its current flagship BPM product suite K2 blackpearl, focusing on allocating work for people with all the information they need to make better decisions. The software platform is currently built in English only, with additional language packs planned in 2014.
 

K2 has more than 350 employees, more than 500 partners, and thousands
of customers globally, and it reports that its mission is to put customers above everything else—helping them get the job done and accelerating their performance.

K2’s ideal prospective customer is looking to quickly assemble and build business applications based on data and processes, allowing for quick automation to react and respond to information. In other words, the product can cater to many constituents: the information technology (IT) department looking for choice in deployment (on premise, cloud, and hybrid) and business users looking to be empowered with the tools they use, without IT (other than perhaps coaching and guiding them), to run their business and deliver insights, processes, and decisions quickly and intuitively. K2’s customers share the same business needs for reacting to information flows, regardless of size or industry.


Figure 2

 

Featured Software Research:

Is an Open Source Business Process Management Solution Right for You?

If you are considering deploying business process management (BPM) solutions, but have been daunted by the cost, footprint, risk, lack of flexibility, or complexity of proprietary options, an enterprise open source approach may be just what you are looking for. Download this white paper to see how the increased availability of highly functional enterprise open source BPM technology is bringing the benefits of BPM solutions within reach. Read More

Skelta BPM and High Availability

Companies are now adopting cloud for hosting their business process management (BPM) tools. BPM on cloud can help control costs, optimize business processes, and improve organizational agility all while achieving a high level of service availability.

High availability is a system design approach for analyzing and managing the impact of planned and unplanned outages. High availability solutions provide a robust backup capability so that applications keep running without disruption, even... Read More

You may also be interested in these related documents:

Accelerating ROI with BPM

New research validates what business and IT leaders have discovered for themselves: accelerating process improvement efforts through business process management (BPM) is yielding significant returns as organizations continue to grapple with the unstable global economy. Discover how accelerating BPM initiatives creates an extensible infrastructure that can adjust to changing business conditions and customer requirements. Read More

Using Nimble BPM to Drive Business Change

In the current economic climate, business process management (BPM) projects need to return to basics to meet the needs of today’s dynamic enterprise. They need to quickly deliver the benefits that organizations need or require, without the barriers of cost, time, complexity, and staffing that have built up around BPM over the years. Learn how applying nimble BPM strategies can help you drive business change. Read More

Lombardi Software Teamworks 7.0 for Business Process Management Certification Report

  • Source:
  • Written By:
  • Published: March 2 2010
Lombardi Software's business process management (BPM) system, Teamworks 7.0, is now TEC Certified. The certification seal is a valuable indicator for organizations who rely on the integrity of TEC’s research services for assistance with their software selection projects. Download this 28-page TEC report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More
 
comments powered by Disqus