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Analyst Firm Names Icertis as "Hot Vendor" in Contract Analytics

Icertis' AI-Infused Capabilities for Risk and Revenue Identification Recognized by Aragon Research

BELLEVUE, Wash., August 27, 2018 – Icertis, the leading provider of enterprise contract management in the cloud, today announced analyst firm Aragon Research named Icertis as a "Hot Vendor in Document and Contract Analytics, 2018 [1]." Each year, Aragon Research selects Hot Vendors across multiple markets who are noteworthy, visionary and innovative. These vendors may have new technology that expands capabilities, a new strategy that opens up markets, or a new way of doing business that makes them worth evaluating.

This Hot Vendor report focuses on vendors in the Intelligent Content Analytics (ICA) market. According to its website, Aragon Research defines ICA as "a business category that goes beyond the traditional store and secure approach to Content Management to enable actionable insights using modern Artificial Intelligence technologies."

Earlier this year, Icertis announced its Icertis Contract Management (ICM) DigitizeAI and DiscoverAI apps. The ICM AI apps infuse AI into everyday contract management and redefine how enterprise contract management delivers strategic value at scale to the Global 5000. These apps offer intelligent clause identification, accurate attribute extraction, and a powerful data validation interface – all mapped to an enterprise's existing semantic definitions within the ICM platform.

"We are honored to be recognized as an Aragon Research Hot Vendor," said Monish Darda, CTO and Co-founder of Icertis. "Artificial Intelligence represents a paradigm shift in the way enterprises view contracts. Icertis is leveraging the unmatched quantity, quality and variety of data in the Icertis Contract Management (ICM) platform to solve previously intractable enterprise contract management challenges that are uniquely suited to an AI-powered solution."

For more information about Icertis, visit www.icertis.com.

About Icertis

Icertis, the leading provider of enterprise contract management in the cloud, solves the hardest contract management problems on the easiest to use platform. Icertis helps companies transform their commercial foundation ensuring compliance, improving governance, mitigating risk and enhancing user productivity, thereby improving the bottom line. The Icertis Contract Management (ICM) platform is used to manage 5+ million contracts by 2+ million subscribers at companies like 3M, Daimler, Microsoft, Roche and Wipro in 40+ languages across 90+ countries. The AI-powered platform allows customers to increase contract velocity and agility, proactively manage entitlements and obligations as well as surface commercial insights and intelligence.

Icertis Media Contact:
Haley Flanagan
Manager of Corporate Communications, Icertis

+1 (425) 869-7649

Aragon Research does not endorse vendors, or their products or services that are referenced in its research publications, and does not advise users to select those vendors that are rated the highest. Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact. Aragon Research provides its research publications and the information contained in them “AS IS,” without warranty of any kind.

[1] Aragon Research "Hot Vendors in Document and Contract Analytics, 2018" by Jim Lundy and Nicole Speciale, July 2018.