Press Release

Everest Group names GBTEC one of the most significant providers of process orchestration tools in 2022 PEAK Matrix® report

BPM and GRC specialist GBTEC Software AG has been named a "Major Contender" in the Processor Orchestration sector by leading research and consulting firm Everest Group in its PEAK Matrix® Report. Everest Group's PEAK Matrix® is a proprietary framework that evaluates companies based on their market impact, vision, and capabilities.

GBTEC CEO Gregor Greinke is pleased that GBTEC was ranked as the best European provider in Everest Group's Peak Matrix 2022 for Process Orchestration Tools.

This is the second time GBTEC has been named as a representative vendor in the Everest Report for Process Orchestration. Organizations rely on Process Orchestration to increase efficiency and drive transformative change and agility. The additional and first-time recognition as a Major Contender this year clearly illustrates that GBTEC has further strengthened its position as a global leader in Business Process Management (BPM) as well as Governance, Risk and Compliance (GRC).

"We are very pleased to have scored highest among all European vendors in Everest's PEAK Matrix®," said GBTEC founder and CEO Gregor Greinke. "The great positioning encourages us to meet the high expectations of our customers through our high-performance products. For the future, we have set ourselves the goal to convince even more users of our software and to rank on par with U.S. providers."

GBTEC's powerful BIC Platform convinces Everest analysts
The PEAK Matrix® Report highlights the following key strengths of GBTEC's intelligent all-in-one BIC Platform, based on a detailed assessment of its capabilities and customer feedback:

GBTEC's holistic BPM Suite BIC Platform supports all phases of business transformation and uniquely offers the full range of BPM functionalities
Capabilities range from process modeling, analysis, collaboration and automation to process mining and governance, risk and compliance. Companies can perform their entire process optimization within a single platform.
BIC enables the creation of custom applications without programming: GBTEC's no/low code technology offers an interactive user interface which enables business users to create and share custom, application-specific solutions.
Using a powerful REST API, IT systems and bots can be integrated in the simplest way, creating a perfect interplay between human, IT system and bot. In this way, GBTEC's BIC Platform ensures seamless and optimized end-to-end process automation.

Everest Group analyzed 18 process orchestration tool vendors and ranked them as "Leader," "Major Contender," and "Aspirant" in the PEAK Matrix®. The PEAK Matrix® helps decision makers select the technology vendors best suited to their needs: The report provides an overview of the selected process orchestration products and various applications, maps the competitive landscape in the process orchestration technology market, identifies key trends, and highlights the key strengths and limitations of each vendor.

Everest Group, a leading global research firm, provides strategic research on IT, business process and technical services and is headquartered in Dallas, Texas, USA.