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CIMCON Software
Receives “Strong Positive” Rating, the
Highest Rating possible, in Spreadsheet
Control Products 2008 MarketScope Report
from Leading Analyst Firm
Bedford, MA - April 8, 2008 –
CIMCON Software, the pioneering market
leader in Spreadsheet Governance, Risk and
Compliance (GRC) controls, today announced
that it has received a “Strong Positive”
rating in Gartner’s “MarketScope for
Spreadsheet Control Products, 2008”
published on March 11, 2008 and authored by
Jay Heiser and David Furlonger. CIMCON
Software received the highest possible
rating of “Strong Positive” in this report.
“With 20 years of uninterrupted business
experience and history, CIMCON Software is a
pioneer in the spreadsheet controls
marketplace and today has one of the largest
installed global client base of over 160
customers in financial services, banking,
insurance, energy, commodities,
pharmaceuticals and a wide range of other
industries,” said Anil Agrawal, Director at
CIMCON Software. “We believe Gartner’s
“Strong Positive” rating confirms CIMCON
Software’s leading position in the market
and our commitment to providing customers
with one-stop, configurable and sustainable
solutions for spreadsheet controls without
compromising on the flexibility that users
expect from spreadsheets.”
CIMCON Software’s SOX-XL, SOX-XS, XLRisk
and XLAudit suite of products provide the
industry’s most comprehensive spreadsheet
and database lifecycle solutions from
discovery, risk assessment, analysis, and
controls to archiving and record retention.
CIMCON Software is also the first company to
provide compliance solutions for Access
databases in a single integrated platform to
provide our clients with one-stop End User
Computing (EUC) solutions. As a result of
user feedback from its large client base and
expertise gained from years of developing
spreadsheet control solutions, CIMCON today
provides highly flexible solutions on a wide
range of platforms and desktop environments
that can be easily configured to meet the
needs of individual lines of businesses or
an organization.
Companies in the Gartner MarketScope were
evaluated on six (6) weighted criteria:
Customer Experience, Market Understanding
and Product/Service (high); Offering
(Product) Strategy and Overall Viability
(Business Unit, Financial, Strategy,
Organization) (standard); and Marketing
Strategy (low).
About CIMCON Software, Inc.
With 20 years of experience, innovation
and knowledge, CIMCON Software, Inc. is a
pioneering Market Leader in providing a
complete range of Spreadsheet Control and
Compliance solutions. CIMCON’s Spreadsheet
Compliance Technology is a de facto Industry
Standard with the Largest Installed Client
Base of over 160 Companies for regulatory
compliance, including the Regulator of
America’s Capital Markets and an enforcement
arm of the Securities and Exchange
Commission (SEC), and America’s Largest
Mortgage Company with nearly a trillion
dollars in loans. With a client base
spanning North America, Europe and Asia and
a 5 year history of use, CIMCON's
spreadsheet compliance technology has been
selected and implemented worldwide by many
Fortune 500 corporations as a Global
Corporate Standard for Regulatory
Compliance.
MarketScope Disclaimer
The MarketScope is copyrighted 2008 by
Gartner, Inc. and is reused with permission.
The MarketScope is an evaluation of a
marketplace at and for a specific time
period. It depicts Gartner's analysis of how
certain vendors measure against criteria for
that marketplace, as defined by Gartner.
Gartner does not endorse any vendor, product
or service depicted in the MarketScope, and
does not advise technology users to select
only those vendors with the highest rating.
Gartner disclaims all warranties, express or
implied, with respect to this research,
including any warranties of merchantability
or fitness for a particular purpose.
Marketing Contact:
Bernie Dann
Sr. Manager, Sales and Marketing
Tel: (781) 271 9868 Ext. 210
Email:
bdann@cimcon.com
For more information about CIMCON
Software’s market-leading Spreadsheet
Lifecycle Control Solutions, please visit
www.sarbox-solutions.com.
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