META Group Rates Verity as a Top Provider of Knowledge Management Solutions
Analyst Firm Urges Companies to Leverage Information Assets
SUNNYVALE, CA - 2002-03-19 - Verity, Inc. (NASDAQ: VRTY), a leading provider of infrastructure software that powers enterprise and e-commerce portals as well as e-business applications, is in the top tier of knowledge management solutions providers according to a new study from META Group, a research and consulting firm.
The survey found Verity as one of the top solution providers in a variety of categories, including portal, collaboration, content management and personalization capabilities.
The report sought the views of over 200 companies, a majority of which was large-scale global enterprises operating in Germany. In it, META Group urges companies to set up efficient information networks to better leverage their corporate knowledge for competitive advantage.
"As enterprise portals and content management requirements force organizations to concentrate more on their content as a strategic asset, search and categorization capabilities are emerging as a primary area of focus," said Jeffrey Mann, vice-president, international of META Group's Electronic Business Strategies service. "Verity is a major player, with its wide installed base and well-established direct and indirect channels."
Verity also has a strong level of solution competence, the survey revealed, with results positioning the company higher than several other vendors.
"This report from META Group is further confirmation of two convictions we have held," said Verity President Anthony Bettencourt. "Deployment of effective knowledge management tools is a critical component for success - and Verity is one of the best choices to provide that component. Verity's experience and advanced technology can help users find, organize and connect to the vast amount of valuable information inside and outside the enterprise."
About META Group
META Group is a leading research and consulting firm, focusing on information technology and business transformation strategies. Delivering objective, consistent, and actionable guidance, META Group enables organizations to innovate more rapidly and effectively. META Group's unique collaborative models help clients succeed by building speed, agility, and value into their IT and business systems and processes. Connect with www.metagroup.com for more details.
About Verity
Headquartered in Sunnyvale, California, Verity is a leading provider of business portal infrastructure software. Verity software gives businesses a multitude of ways to improve access to vital information and perform a range of e-business operations, while enhanc-ing user experience. Verity-powered business portals, which include corporate portals used for sharing information within an enterprise; e-commerce portals for online selling; and market exchange portals for B2B activities, all provide per-sonalized informa-tion to employees, partners, customers and suppliers. In addition, most leading software vendors, as part of their e-business applications, utilize Verity technology.
Verity products are used by 80 percent of the Fortune 50 and by more than 1,000 corpo-rations in various markets. Customers include Adobe Systems, AT&T, Cap Gemini Ernst & Young, Cisco, CNET, Compaq, Dow Jones, EDGAR Online, Fair-Market, Financial Times, Globe and Mail, Home Depot, Lotus, NewsEdge Corporation, SAP, Siemens, Sybase, Time New Media and Timex.
For more information, contact Verity at info@verity.com or at World Wide Web site http://www.verity.com or call 408-541-1500.
Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.
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