Quadrant Knowledge Solutions announced today that Bee360 is named as a 2021 technology leader in the SPARK MatrixTM analysis of the global Enterprise Architecture (EA) Tools market.
The Quadrant Knowledge Solutions’ SPARK Matrix™ includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading Enterprise Architecture (EA) Tools vendors in the form of its proprietary SPARK MatrixTM. It provides strategic information for helping users evaluate different vendor capabilities, competitive differentiation, and market position.
The Enterprise Architecture Tools market is bound with a growing demand for business-oriented enterprise architecture methods for strategic business transformation. Additionally, there is a rising need to align enterprise information technology architecture with business strategy. Enterprise Architecture Tools help improve long-term decision-making and prompt the best deployment option out of the many available options in the market. The business-driven enterprise architecture has a strategic approach in addressing different actions vital for an organization. The application of business-driven tools yields in reducing time and governs pipeline projects more quickly. Enterprises are focusing on combining business requirements with the IT department and reliably managing the application portfolio for the organization’s progress. The rising adoption of advanced enterprise architecture tools in different industry sectors will help generate revenue and employ advanced technological platform solution opportunities for enterprise architecture platform providers.
The Covid-19 pandemic impacted the global economy in a way that organizations face issues with managing IT assets, utilization of assets, and providing business output due to increased adoption of the work-from-home business model. Due to this, organizations have started adopting advanced tools for designing, modeling, and implementing IT management strategies for more productive results. Organizations are further planning to adopt a new plan of action to manage their IT architecture for gaining maximum value effectively. They prefer appropriate maintenance of their architecture through integrations for enhancing business activities.
The Enterprise Architecture Tools platform plays a key role in minimizing the complexity related to digital transformations. This platform governs the entire system architecture, including business processes and IT infrastructure. It helps establish rules for the processes around the technology used to ensure consistency across business units and functions. So, most of the organizations have dedicated enterprise architecture platforms integrated within larger IT networks. These platforms help business leaders redesign their organization’s business and IT architectures so that they can avoid unexpected danger in advance and compete more efficiently in the digital environment.
“Bee360, with its comprehensive technology, widens the scope of Enterprise Architecture Management by complementing the present structural perspective of an Enterprise Architecture with strategic, financial, and compliance point of view. It also covers the requirements of all functions with a stake in driving the change for an organization and has been positioned amongst the technology leaders in the 2021 SPARK Matrix of the Enterprise Architecture (EA) Tools market”, said Shrikant Mahadik, Senior Analyst at Quadrant Knowledge Solutions.“Bee360’s EAM platform helps clients with a customized offering in terms of on-premises and cloud SaaS provision of business capabilities. EAM is an epicenter of collaborative working in the enterprise that helps expand integration capabilities with all major collaboration by providing software platforms with leading backend systems. With its robust technology platform, comprehensive functional capabilities, and compelling product strategy and roadmap, Bee360 is well-positioned to expand its market share in the global Enterprise Architecture (EA) Tools market”.
„What makes us so successful is our customers success. Here we’d like to let Uwe Herold, SVP IT at Miele, tell it best from his experience:
‘With Bee360, we at Miele created a digital twin of our organization. Full transparency into essential business processes and their global use enables us to plan and manage change initiatives holistically – from strategy and portfolio to enterprise architecture, finance, and resource management. The new level of alignment has tremendously improved focus and efficiency across the organization. This enables us to strengthen the implementation of our corporate strategy with confidence’
We at Bee360 are honored to be recognized as a technology leader in Quadrants SPARK Matrix for EA. We continue working hard to prove our positioning and help our customers to reach new heights.” – Philipp Hansert (CSO Bee360)
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments. For more available research, please visit https://quadrant-solutions.com/market-research/