San Francisco, Calif. – April 30, 2009 – ValueNetworks.com announced today that it has been recognized as a "Cool Vendor" in a recent report1 by leading IT analyst firm Gartner Inc., which describes several companies providing products that take collaboration into cool new directions.
Co-founded by business practices pioneer Verna Allee, ValueNetworks.com is the world’s first company to convert value network visualization and analysis into software, so that companies can more quickly and cost-effectively integrate the "human element" with business processes to achieve greatly improved efficiencies.
According to the Gartner report, "While collaboration technology is hardly new, cool vendors are finding ways to extend the reach of enterprise collaboration environments through consumer social networks, language training, and integration of multiple instant messaging frameworks, e-mail tagging and value networks. While few enterprises are changing their main choices for "anchor" collaboration technologies like email and instant messaging, they are always looking for ways to extend how these technologies are used."
"Global 2000 companies have long struggled to improve on the recent gains of re-engineered business processes and enterprise software installations," said Verna Allee, CEO of ValueNetworks.com. "The reason is because most business process systems only deal with tangible values and inputs that can be easily turned into spreadsheets and engineering diagrams. But the reality is, intangibles, such as human interactions, make up approximately 50-70% of a company’s total value. If companies cannot analyze and improve upon intangible business values, they are missing at least half of their potential gains."
For example, after trying several traditional business process re-engineering techniques unsuccessfully, Mayo Clinic used value network analysis to reduce the time it took to schedule and perform a life-saving heart procedure from six months to six weeks. In another scenario, Boeing completely revamped its organizational and business model for commercial flight operations test and validation in preparation for release of the 787 Dreamliner.
"We believe this ‘Cool Vendor’ recognition from Gartner further validates our unique ability to solve the human-centric challenges that affect every organization today," said Ken Vanosky, COO of ValueNetworks.com. "Our software platform is the only one of its kind that can help companies quickly instill the practices of value network analysis in their organizations, and make rapid changes to business processes."
The complete report is available to Gartner clients at www.Gartner.com.
About ValueNetworks.com
ValueNetworks.com was founded in late 2007 by world renowned value networks consultant Verna Allee and a team of expert technologists. The company has a several year advantage in the technology, methodology, and experience that it takes to deliver breakthrough business results through value network analysis - from board room to shop floor, to business webs, to global humanitarian networks. The company serves a broad range of global organizations from Fortune 50 companies to non-profits. One need look no further than ValueNetworks.com’s customer success stories to understand its unique ability to help companies harness the power of intangible value in their businesses.
About Gartner's Cool Vendor Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.
1 Cool Vendors in Collaboration, 2009
Jeffrey Mann, Matthew W. Cain, Jan-Martin Lowendahl, David Mario Smith, Carol Rozwell, March 13, 2009 |
