MOUNTAIN VIEW, Calif. -- February 4, 2009 -- Based on its recent analysis of the conferencing and collaborations solutions market, Frost & Sullivan recognizes NextPage®. with the 2009 North American Frost & Sullivan Award for Technology Innovation of the Year, for its pioneering efforts in the development of new systems and technologies to enhance the efficiency of document collaboration and management. With the aid of the company's innovative and proprietary NextPage Information Tracking Platform, the next generation of holistic document management could arrive quickly and potentially change the way enterprises operate.
"With larger Enterprise Content Management (ECM) companies largely focused on high-end, repeatable publishing-type solutions, smaller companies catering to niche domains have emerged, tackling daily regular documents and files that form the essence of today's enterprises," explains Frost & Sullivan Senior Research Analyst Arun Nirmal. "NextPage stands out in this pack with its patent pending NextPage Information Tracking Platform that has become one of industry's best solutions, providing advanced ability to inventory, track, classify and enforce policies across distributed documents within an organization."
With a flawless ability to enforce retention policies on documents, this affordable tracking platform delivers maximum efficiency in managing unstructured and de-centralized documents. It provides authorized users with clear visibility of real-time information updates pertaining to newer versions of the document, storage location of copies, and whether the documents have been uploaded to the central server. Apart from this, the NextPage Information Tracking Platform eases the management process by classifying every document for enforcing proper retention policies, thereby providing a clear structure to the pool of previously unmanaged documents.
Typically, most enterprise users continue to employ familiar tools such as personal computers and Microsoft Office applications to perform routine tasks on a self-organized adopted style. With a view to maximize employee productivity and enhance efficiency of business document management, NextPage incorporates what is called its Digital Thread(TM) service. The NextPage platform weaves this system of proprietary algorithms and metadata to serve as the file's DNA, allowing the service to determine whether and how any two files are genetically related.
Residing in two main components as the NextPage Client Agent and the NextPage Enterprise Service, the Digital Thread(TM) service becomes the key essence for the delivery of managed and structured documents. While, the client service generates the accurate state of the document by assessing genetic relationships, the NextPage Enterprise Service supplies the necessary awareness, control, and versioning capabilities to the systems.
In terms of enforcing policies, the tracking platform performs key tasks such as providing notifications of legal holds, retaining important business internet protocols, and sweeping final copies to the centralized archive. This enables users to apply consistent retention policies for every document on every local subscriber machine.
"Partnerships with top companies augment the strengths that drive the rapid growth of NextPage, Inc., which has also been garnering a lot of industry attention for recent awards and accolades bestowed upon it," notes Nirmal. "Apart from possessing wide popularity for its solutions, NextPage has been a regular participant in major industry conferences and events, illustrating how organizations can take control over their ad hoc document processes."
Overall, cutting edge innovations, combined with a clear and strategic business vision have allowed NextPage to break through high levels of industry competition and emerge at the leading edge of technology innovation in this arena. The company is poised to carve a major portion in this niche but rapidly growing market and for these reasons is the worthy recipient of the Frost & Sullivan 2009 Technology Innovation of the Year Award.
Each year, Frost & Sullivan presents this award to the company that has carried out new research, which has resulted in innovation that has or is expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. The award recognizes the quality and depth of a company's research and development program as well as the vision and risk-taking that enabled it to undertake such an endeavor.
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
