PNMsoft BPM Business Process Management Software Named in Deloitte Fast 50

By Israel News Agency Staff

Tel Aviv --- November 6, 2008...... PNMsoft, a world leader in the development of BPM business process management software, has been named in the 2008 Deloitte Israel Technology Fast 50, a ranking of the 50 fastest growing technology companies in Israel.

To determine the fastest growing companies, Deloitte Israel reviewed fiscal year revenues over five years (2003-2007), calculated the revenue growth percentage over five years, and compared the growth of technology companies.

"Achieving sustained revenue growth of 329 percent over five years is a tremendous accomplishment for a technology company operating in a competitive world”, said Asher Mechlovich, partner in charge of the Deloitte Brightman Almagor Zohar Israel Technology Fast 50 Program.

“PNMsoft deserves a lot of credit for its remarkable growth, and we commend them for it. PNMsoft has proven that its leadership has the vision and determination to grow in difficult conditions and provide BPM business process management software to assist other organizations.”

“We're delighted to have received this honor” said Gal Horvitz, PNMsoft’s CEO.
“Our BPM teams worked very hard in the last few years to make it happen. In these challenging times, we see a lot of demand for SEQUENCE - our BPM software, as it has a proven record of cost reduction and business process improvement for the benefit of our customers and business partners. For us this is only the beginning as with the growth we’ve experienced globally we expect to be on Deloitte’s Fast 50 list in many more territories next year.”

PNMsoft offers flexible business-user oriented BPMS and workflow solutions. Focusing 10 years on Business Process Management, PNMsoft has achieved a position of subject matter expert in the BPM workflow product arena. PNMsoft is a member of Microsoft's BPM Alliance and was endorsed recently by Bill Gates. SEQUENCE BPM business process management software is installed at over 250 companies worldwide.

PNMsoft's SEQUENCE facilitates rapid end user acceptance via the Microsoft UI, providing business users operational KPI and simulation capabilities as well as the automated management of business processes and organisational information. The system enables automated management of a multitude of business processes (production, development, purchasing, finance, HR and more) while dramatically reducing time and resource expenditures.

PNMsoft BPM Business Process Management software solutions provider enjoys a wide array of international clients, including: in High Tech - Philips, Comverse, Microsoft, Alvarion, Alladin, Matrix, NDS, Avaya, Electra, communications group Mirs, Tower Semi Conductor, Motorola, Philips, Avaya and in the public sector - the Israel government, Home Group, QCA, Arqiva, Province of Antwerp, HSFO, ONE, OCWA Government Home Group and QCA.

PNMsoft offers BPM software solutions to the financial services industry with several clients including: Leumi Bank, Benleumi Bank, FIBI, SwiftTrade, OBG Law, Irish Stock Exchange, Beinleuimi, Swifttrade and in telecom has provided BPM software to Amdocs banking systems, RAD, Cellcom mobile phones company, and Bell Canada. Engineering clients include: Miller and Atkins, with manufacturing clients Allied Bakeries, Associated British Foods, Tnuva Foods, RH, Machteshim, Allied Bakeries and Tnuva Food Industries.

Transportation clients who have received BPM software from PNMsoft are: El AlAirlines, Arkia, defense and commercial giant Israel Aircraft Industries, HRG and Sky Service. Healthcare business process management software clients include: Johnson & Johnson, Janssen and GE. PNMsoft BPM Software solutions are also provided to the IDF - Israel Army, Maman, Orbis, ORT, Shvoong, Sonol Oil and Gas, Rudgged.com and Eden mineral water and beverages company.

BPM software (business process management) is an integrated collection of critical software technologies that enables the control and management of business processes.

BPM software emphasizes business user involvement in the entire business process improvement life cycle, from design through implementation, deployment, monitoring and ongoing optimization. Instead of reducing reliance on employees, BPM - Business Process Management software emphasizes the added value of employee activity coordination and making their business activities transparent and auditable

PNMsoft business process management suites enable business stockholders to monitor all interactions between human, system and information resources and optimize behavior to get the most out of dynamic market events and improve business performance outcomes.

PNMsoft BPM software is a model-driven workflow environment that makes the model executable, while keeping the model as the central focus for future process changes. The graphical model is actually metadata that is translated by software into the executed process dynamically.

BPM software supports the complete business process improvement cycle, from definition to implementation, monitoring and analysis, and through ongoing optimization.

As a software infrastructure platform, PNMsoft BPM software enables business and IT professionals to work more collaboratively on all business process design, development, execution and enhancement activities and to close the execution gap between IT and the business.

PNMsoft is headquartered in Watford England with offices and business partners across Europe an North America.

The above news content was edited and SEO optimized in London for the Internet by Monique Lester for the Leyden Communications Group.

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