TAMPA, Fla.--(BUSINESS WIRE)--May 31, 2005-- CommerceQuest Inc. and Bantu, the leading provider of secure enterprise instant messaging (EIM) solutions, have announced a strategic partnership, whereby CommerceQuest has integrated Bantu's EIM platform into its industry leading business process management solutions. The new relationship will further enhance CommerceQuest's TRAXION(SM) Enterprise Business Process Management Suite (TRAXION EnterpriseBPMS) by offering secure instant messaging (IM) capabilities to more than 500 industry leading companies.
According to industry analyst reports, more than 25 million people currently use consumer IM while at work, often without departmental knowledge. As such, secure enterprise-grade IM solutions are rapidly emerging, with global revenue expected to reach $350 million and corporate IM users totaling 349 million by 2007.
"This rapid growth of IM has significantly impacted enterprises today by offering more productivity, while raising new concerns about security," said Larry Schlang, chief executive officer of Bantu. "Our partnership with CommerceQuest will enable even more organizations to benefit from one of the most advanced EIM solutions as an embedded part of CommerceQuest, while addressing demands for additional security, integration, rapid deployment, and reliable scalability."
The Bantu partnership will allow CommerceQuest customers to communicate in a secure IM environment that captures all correspondence in an XML-based audit trail for internal record-keeping. The EIM solution will enable users to work in a real-time collaborative atmosphere to define and approve processes, as well as reduce the time it takes to complete a process cycle.
For example, organizations will be able to use Bantu's EIM solutions to more efficiently work on and complete processes such as order entries and budgeting. In addition to TRAXION EnterpriseBPMS's formal step-by-step method to define and monitor processes, users are also able to more loosely define and collaborate on tasks that must be completed in real-time, allowing for more flexibility and rapid decision cycles and adoption rates. This functionality allows companies to improve and speed their informal business processes, to identify and reduce unmonitored costs and to formalize internal best practices.
"Aligning with Bantu is the latest example of CommerceQuest not only staying ahead in the industry, but most importantly, addressing the rapidly emerging trend of EIM," said Michael Forster, chief executive officer of CommerceQuest. "This partnership further demonstrates our commitment to providing customers with one of the most comprehensive BPM solutions in the market by offering secure instant messaging capabilities to improve process efficiency and increase productivity."
About Bantu, Inc. Headquartered in Washington, D.C., Bantu is a leader in secure Enterprise Instant Messaging (EIM). The Bantu EIM Platform provides robust messaging, presence, alerting and conferencing that enhance real-time communication and collaboration, resulting in greater productivity and operational effectiveness. Bantu EIM provides the highest levels of security and scalability, is platformindependent, and easily integrates into any business application or service. Bantu's government, corporate and education customers include the U.S. Army, U.S. Navy, U.S. Air Force, Department of State, Department of Commerce, Federal Emergency Management Agency, British Army, HSBC, Sprint, Strong Financial, The George Washington University and Johns Hopkins University. For more information, visit www.bantu.com
About CommerceQuest (www.commercequest.com) Founded in 1991, CommerceQuest is the only enterprise solutions provider that enables its customers to rapidly turn business strategy into business processes by fully integrating the work that people do with software systems that optimize business performance. CommerceQuest delivers a complete set of scalable business process management (BPM) solutions that leverage existing IT investments to unite people, processes and technology in a service-based architecture that spans the extended enterprise, from the mainframe to the Internet and everything in between. More than 500 industry-leading companies rely on CommerceQuest to help them integrate heterogeneous workflow and IT systems, including many of the Fortune 500 companies such as The Home Depot, Coca-Cola Bottling, Ahold, and American Express. CommerceQuest is a privately-held company and a member of Internet Capital Group's (Nasdaq:ICGE) collaborative network of Partner Companies. For more information about CommerceQuest, please call us at 813.639.6300 or visit us on the Web at www.commercequest.com. Source: CommerceQuest Inc. News Provided by Acquire Media Corporation |