SOURCE: Kenesto Corp.

Kenesto Corp.

June 19, 2013 09:00 ET

Kenesto Is Named "Cool Vendor" by Leading Analyst Firm - Gartner

WALTHAM, MA--(Marketwired - June 19, 2013) - Kenesto Corp., a leading provider of cloud-based application services centered around Social Business Collaboration, today announced that it was recently named a "Cool Vendor" in Gartner Inc's Cool Vendors in Product Design and Life Cycle Management for 20131 report.

"We consider being named a Cool Vendor by Gartner further confirmation of our strategy to enable customers to design and bring new products to market through our innovative collaboration methods enabled by leveraging the cloud as a transformative platform," said Michael Payne, CEO of Kenesto Corp. "We continue to execute on our solution vision, which ultimately unlocks the power of Product Design and Lifecycle information to improve business performance. With the recent launch of our fifth major release of the Kenesto solution, we are delivering capabilities that forever change the face of collaboration in Product Design, Project Organization and Life Cycle Management."

Concluding early in the formation of its strategy that customers need to create, capture, share and collaborate around product information in a variety of formalized ways, but also that informal methods exist everywhere, even within formalized processes, Kenesto set out to uniquely combine several capabilities that have emerged as the cloud has begun to transform computing paradigms. 

"We determined that our platform needed to equally support ad-hoc, formalized, and social capabilities, yet in a manner that is fully connected and coherent from a business, process and project perspective," Mr. Payne went on to say. "We believe the conclusions made by Gartner in their Cool Vendors report further validate for us that our strategy is not only sound, but that our solution and our roadmap are allowing us to pave new ground in the areas of Design and Collaboration for Product and Project Lifecycles."

About Kenesto
Kenesto is a cloud-based services company, providing a Collaboration platform that empowers people and teams to improve innovation, communication, productivity, and workflow process control. Kenesto offers solutions and pricing for enterprise customers both large and small -- please visit the Kenesto web site to learn more.

Disclaimers:
Kenesto is a trademark of Kenesto Corp. 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.

1Halpern, Marc and Suleski, Janet; Cool Vendors in Product Design and Life Cycle Management, 2013; http://ctt.marketwire.com/?release=11G005995-001&id=3125029&type=0&url=http%3a%2f%2fwww.gartner.com%2fid%3d2454515