Date Posted: 4/1/2008
Prodiance Receives"Positive" Rating in Report by Leading Analyst
San Ramon, Calif. – March 28, 2008 – Prodiance Corporation, the leading provider of enterprise spreadsheet management solutions, today announced that it has received a "Positive" rating in Gartner's "MarketScope for Spreadsheet Control Products 2008." Prodiance was one of 7 vendors evaluated for the report.
In the report, Gartner states "spreadsheets contain huge amounts of sensitive data but lack the risk controls inherent in IT-managed applications. Spreadsheet control products can reduce risk and improve user efficiency without affecting flexibility."
"Many of our customers are already realizing the benefits of automating controls over mission critical spreadsheets with Prodiance, including effective risk mitigation, improved compliance, and productivity gains," said Dr. Soheil Saadat, president and CEO of Prodiance Corporation. "We believe Gartner's "Positive" rating confirms Prodiance's leadership position in the market and our ability to execute on understanding market needs, delivering the best technology solution, growing a viable and profitable business, and delighting our customers."
1) Gartner, Inc. "MarketScope for Spreadsheet Control Products, 2008" by Jay Heiser and David Furlonger, March 11, 2008.
About Prodiance
Prodiance delivers enterprise class software solutions to help organizations increase visibility and control over business critical spreadsheets and Access Databases while improving compliance and mitigating operational risks. Prodiance leverages over 17 years experience in delivering innovative technology solutions for highly regulated markets. Leading global organizations across the banking, insurance, capital markets, telecommunications, manufacturing, aerospace and defense, media and entertainment, food and beverage, health care, and educational markets have trusted Prodiance as a strategic partner to achieve their goals. Prodiance Corporation is an independent, privately held corporation based in San Ramon, California. Additional news and information about Prodiance solutions, products and services is available at www.prodiance.com or by calling 1-866-569-5678.
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.
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