HARTFORD, CT--(Marketwired - Oct 29, 2013) - TyMetrix, a Wolters Kluwer brand, is proud to announce that it has been selected as a "Leader" by Gartner, Inc. in its inaugural Magic Quadrant for Enterprise Legal Management (ELM) published October 23, 2013. TyMetrix was positioned highest on the execution axis within the Leaders quadrant of Gartner's ELM Magic Quadrant, based on criteria within two broad evaluation categories: ability to execute and completeness of vision.
"We are thrilled to be included as a Leader in the Gartner ELM Magic Quadrant. We believe our position in the quadrant recognizes the combination of our operational systems and innovative products," said Deepthi Bathina, Vice President, Global Product Management and Marketing, TyMetrix. "TyMetrix continues to transform the business of law, providing groundbreaking solutions and services to corporate legal departments, law firms, and claims departments."
In its report, Gartner defines ELM as an integrated set of applications that includes matter management, e-billing, financial/spend management, legal document management and business process management. ELM represents only a portion of the scope of applications and services capabilities offered by TyMetrix solutions. Vendors recognized on the Magic Quadrant are categorized as Leaders, Challengers, Visionaries or Niche Players. The companies that have the greatest combined evaluations for execution and vision are placed in the upper right Leaders quadrant.
To be selected as an ELM Leader, TyMetrix had to demonstrate strength across a wide range of criteria, including, but not limited to: Offering Strategy which measures a vendor's approach to product development and delivery; Innovation which assess a company's resources and R&D investment; and Customer Experience which evaluates how well a vendor interacts with its clients.
TyMetrix product portfolio includes the TyMetrix 360° platform which provides integrated matter management, e-billing, workflow management, budgeting, accruals, reporting and document management solutions as well as the legal analytics platform which combines big data and critical expertise to deliver business intelligence and benchmark solutions.
Companies use Gartner's Magic Quadrant to understand technology providers. With its TyMetrix 360° product portfolio and legal analytics platform, TyMetrix continues to be a leader in technology.
TyMetrix meets the demands of an evolving legal services marketplace by helping legal professionals master their businesses and build profitable relationships. The company combines enterprise legal management products with expert professional services and legal analytics to help corporate legal departments, claims and risk departments, and law firms.
For more information on the ELM Magic Quadrant and other TyMetrix offerings, visit www.tymetrix.com.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
TyMetrix is a global market leader in delivering intelligent enterprise legal management, professional services, and legal analytics solutions that empower corporate legal departments, law firms and claims organizations to manage the business of law. It provides clients with quality legal management software, services and solutions, including spend and matter management, collaboration, performance metrics, and the expertise required to manage risk, reduce costs and gain the insight required to meet their strategic objectives. The brand's TyMetrix Legal Analytics service offering combines unparalleled analytical and legal domain expertise with LegalVIEW®, the world's largest permission based contributory data warehouse of legal performance data. Legal Analytics provides predictive and analytical models, benchmarking and insights to legal departments and all professionals involved in managing the business of law. TyMetrix is part of Wolters Kluwer Corporate Legal Services. For more information, please visit www.tymetrix.com.