Connect with us

Technology

Axon Ivy is Positioned as the Leader in the 2024 SPARK Matrix™ Intelligent Business Process Management Suites (iBPMS) by QKS Group

Published

on

The QKS Group SPARK Matrix™ provides competitive analysis and ranking of the leading iBPMS vendors.Axon Ivy with its comprehensive technology and customer experience management, has received strong ratings across the parameters of technology excellence and customer impact. 

MIDDLETON, Mass., Oct. 31, 2024 /PRNewswire/ — QKS Group has named Axon Ivy as a Leader in their 2024 SPARK Matrix™ analysis of the Intelligent Business Process Management Suites (iBPMS) market.

The QKS Group SPARK Matrix™ evaluates vendors based on technology excellence and customer impact. It offers an in-depth analysis of global market dynamics, major trends, vendor landscapes, and competitive positioning. By providing a competitive analysis and ranking of leading technology vendors, the SPARK Matrix delivers strategic insights that help users access provider capabilities, differentiate competitively, and understand market positions.

Axon Ivy is recognized as a leader in the 2024 SPARK Matrix™: Intelligent Business Process Management Suites (iBPMS) for its robust capabilities that allow organizations to automate and integrate their existing systems while orchestrating people, data, systems, and other platforms, such as AI and RPA, on one unified platform. The open architecture of Axon Ivy iBPMS is designed for flexibility and extensibility, ensuring that the platform can easily integrate with third-party systems.

QKS Group defines Intelligent Business Process Management Suites as a cloud-based integrated group of technologies that automate business processes through low-code/no-code tools thus connecting people, systems, machines, and the Internet of Things (IoT). Intelligent Business Process Management Suites (iBPMS) help organizations perform end-to-end business process management by incorporating real-time decision-making, complex event processing, business rules engine, and artificial intelligence. In addition, iBPMS offers interactive social media capabilities to encourage real-time ad-hoc interactions, collaboration, and sharing of knowledge between users, IT teams, as well as developers using ‘cross-channel mobility enabled’ devices. The model-driven approach of iBPMS enables organizations to map, monitor, manage, and control complex business processes and optimize organizational performance to provide a sustainable competitive advantage enabling the creation of an efficient, dynamic, and agile platform.

“Axon Ivy’s Intelligent Business Process Management Suite (iBPMS) redefines enterprise process automation. The platform caters to users across all skill levels, offering a seamless development spectrum from no-code to full-stack capabilities. Its advanced user dialog concept, based on the model-view-controller pattern, ensures an intuitive interface design, while its open architecture facilitates extensive third-party integrations and custom extensions. Additionally, the intelligent document handling capability, powered by DocFactory, provides comprehensive document management,” said Kunal Pakhale, Senior Analyst at QKS Group.

Kunal further adds, “Axon Ivy’s innovative approach to iBPMS sets a new standard in the market, especially the platform’s intuitive user-centric design, robust Adaptive Case Management (ACM), and orchestration capabilities”. By enabling organizations to rapidly digitize both simple processes and complex, business-critical applications, Axon Ivy’s iBPMS stands out in today’s dynamic digital landscape for its flexibility, user-friendliness, and ability to meet diverse business needs.

“Axon Ivy is proud to be recognized as a SPARK Leader in the 2024 SPARK Matrix for Intelligent Business Process Management Suites,” said Rolf Gebhard Stephan, CEO of Axon Ivy. “This recognition validates our strategy of delivering innovative yet reliable technology while maintaining our focus on maximum customer satisfaction.”

The Intelligent Business Process Management Suites (iBPMS) market is experiencing significant growth as organizations worldwide embrace digital transformation as a strategic imperative. This reflects the increasing need for sophisticated process automation and intelligent workflow automation solutions. As organizations continue to lean on providing end-to-end automation solutions, iBPMS is crucial for enhancing efficiency, reducing expenses, and improving overall operational excellence. Over the next decade, iBPMS will likely evolve through several key growth factors including the integration of advanced AI capabilities for enhanced decision-making and predictive analytics, low-code platforms for democratizing process automation across organizations, Cloud-native solutions for facilitating seamless scaling and integration, and process mining solutions for continuous process improvements. As regulatory requirements grow more complex, automated compliance features will become essential. Furthermore, the convergence of iBPMS with adjacent automation technologies will drive efficiency, supporting an increasingly distributed workforce while maintaining robust security and governance frameworks.

Additional Resources:

For more information about Axon IvySPARK Matrix: Intelligent Business Process Management Suites, Q4 2024

About Axon Ivy:
Axon Ivy is a pioneering process automation and BPM software provider, dedicated to solving one of today’s most critical business challenges: inefficient processes. Headquartered in Switzerland with a global presence, the company combines nearly three decades of expertise with innovative technology that bridges simple workflows and sophisticated business-critical applications. Through its AI-enhanced platform, optimized for both business users and developers, Axon Ivy enables organizations to transform their operations, ensure compliance, and deliver exceptional customer experiences. Operating as an independent subsidiary of the Ricoh Group since 2022, Axon Ivy leverages deep industry knowledge and an extensive partner network to deliver future-proof solutions across all sectors. For more information, please visit https://www.axonivy.com/ .

Media Contact:

Alexandra Witzke-Ng
Head of Marketing /  Axon Ivy AG
E-Mail: Alexandra.Witzke-Ng@axonivy.com

About QKS Group:

QKS Group is a global advisory and consulting firm focused on helping clients achieve business transformation goals with Strategic Business and Growth advisory services. At QKS Group, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.

For more available research, please visit https://qksgroup.com/ 

Media Contact QKS Group:

Shraddha Roy 
PR & Media Relations
QKS Group 
Regus Business Center 
35 Village Road, Suite 100, 
Middleton Massachusetts 01949 
United States 
Email: shraddha.r@qksgroup.com
Press Release Source: https://qksgroup.com/newsroom/axon-ivy-is-positioned-as-the-leader-in-the-2024-spark-matrixtm-intelligent-business-process-management-suites-ibpms-by-qks-group-849
Follow us on LinkedIn: https://www.linkedin.com/company/qksgroup

Logo: https://mma.prnewswire.com/media/2501519/QKS_Group_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/axon-ivy-is-positioned-as-the-leader-in-the-2024-spark-matrix-intelligent-business-process-management-suites-ibpms-by-qks-group-302292780.html

Continue Reading

Technology

Hexaware Hosts Greater Manchester and West Yorkshire Mayoral Delegation, Deepens Partnership with University of Leeds

Published

on

By

Part of the Great North Mayoral Delegation’s visit to India, discussions focused on Hexaware’s UK expansion and planned R&D centers in Leeds and Manchester

MUMBAI, India, Oct. 23, 2026 /PRNewswire/ — Hexaware Technologies (NSE: HEXT), an AI-first digital and IT services company, hosted a delegation led by Tracy Brabin, Mayor of West Yorkshire, and Bev Craig, Mayor of Greater Manchester, as part of The Great North’s first joint mayoral-led trade mission to India

Hexaware met with Tracy Brabin and delegates from West Yorkshire at its Mumbai office to discuss the company’s UK investment plans, regional employment, and opportunities for technology collaboration across the North of England.

During the visit, Hexaware and the University of Leeds discussed their agreement to strengthen industry–academic collaboration through research, knowledge sharing, and experiential learning opportunities for students.

Earlier in the mission, on October 14 in Bengaluru, Hexaware leaders met Bev Craig, Mayor of Greater Manchester, together with representatives of the British Deputy High Commission and the Invest Manchester team, to discuss Hexaware’s investment in the city region.

Hexaware announced that it will create hundreds of jobs and invest £9 million in a new Design and Innovation Centre at Manchester’s innovation district, SISTER, delivered in collaboration with the University of Manchester. By establishing a base at SISTER, Hexaware will have access to Europe’s largest clinical academic campus on Manchester’s Oxford Road Corridor and a rapidly expanding digital and tech ecosystem within the city.

The visits follow Hexaware’s June 2026 announcement of a £25 million UK expansion, expected to create approximately 1,200 jobs over three to five years across Manchester, Leeds, and Birmingham, including 420 in Manchester and 240 in Leeds. Plans include proposed R&D centers in Manchester and Leeds, with Newcastle also under consideration as a potential future location, given the region’s strong university talent pool and proximity to Scotland.

Parameshwaran Iyer, Executive Vice President & Head – Europe, Hexaware, said, “The North of England is an important part of our UK growth plans. Our investment goes into developing technology capabilities and recruiting graduates from the region’s universities, training them to work with enterprise and public-sector customers. Our new agreement with the University of Leeds will strengthen this pipeline, giving us closer access to graduate talent as we grow our presence in the region. We see considerable potential in the talent and expertise available across these cities.”

Bev Craig, Mayor of Greater Manchester, said, “Greater Manchester has established strengths in healthcare, life sciences, and AI, supported by close cooperation between universities, researchers, and industry. We welcome Hexaware’s plans for Manchester and the opportunities they present for investment, innovation, and employment in these sectors.”

Tracy Brabin, Mayor of West Yorkshire, said, “It was great to visit Hexaware’s headquarters in Mumbai and hear first-hand about the company’s ambitious plans for growth in the UK. Their investment in Leeds and the creation of hundreds of new jobs is fantastic news for West Yorkshire and a strong vote of confidence in our region. Trade missions like this give us the opportunity to meet decision-makers directly, strengthen international relationships and explore how businesses like Hexaware can deepen their links with West Yorkshire to create a stronger, better-off region that works for all.” 

Glenn McCauley, Head of Proposition Development at the University of Leeds, said, “We were delighted to join this Great North Mayoral Delegation to India and to discuss with Hexaware leadership and with the Mayor of West Yorkshire how the University of Leeds’ agreement with Hexaware can be a catalyst to drive economic growth in our region.”

India and the North of England are connected above all through people, with more than 81,000 people of Indian heritage living in Yorkshire and the Humber, and 50,000 people of Indian diaspora in Greater Manchester. Thousands of Indian students also choose universities in the two regions every year. Increasingly, Indian companies are also among the region’s investors and employers. The India–UK Comprehensive Economic and Trade Agreement (CETA), in force since July 2026, alongside The Great North’s investment initiatives, gives that relationship fresh momentum.

Hexaware will continue discussions with regional partners on its proposed R&D facilities, graduate recruitment, and technology partnerships across the North of England, drawing on Leeds’ strengths in digital engineering, data science, robotics, fintech, and technology-enabled care, and Manchester’s strengths in healthcare, life sciences, cyber, and AI.

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes. Learn more about Hexaware at https://hexaware.com.

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/hexaware-hosts-greater-manchester-and-west-yorkshire-mayoral-delegation-deepens-partnership-with-university-of-leeds-302917888.html

Continue Reading

Technology

Fosun Wealth Opens Its First Private Wealth Center in Hong Kong at Harbour City, Tsim Sha Tsui

Published

on

By

Appointment-Only Center for High-Net-Worth Clients, Partnering with Fosun Wealth IFA to Expand Wealth Management Capabilities

HONG KONG, Oct. 23, 2026 /PRNewswire/ — Fosun Wealth International Holdings Limited (“Fosun Wealth”) announced the official opening of its first Private Wealth Center on the 23rd floor of Prudential Tower, at The Gateway, Harbour City, Tsim Sha Tsui, Hong Kong. The center provides a dedicated offline space for meetings and wealth planning in Hong Kong, exclusively tailored for high-net-worth clients. Visits are by appointment only, and the center operates in partnership with Fosun Wealth IFA (Independent Financial Advisor), supporting clients from initial discussions and tailored proposals through to signing and implementation.

The opening ceremony, themed “A Starry New Chapter on Victoria Harbour”, brought together business partners from fund, asset management and insurance industries in Hong Kong to celebrate the occasion.

Expanding amid Industry Growth to Address Clients’ Demand for Long-Term Advice

The opening comes as Hong Kong’s wealth management sector continues to expand. According to the Securities and Futures Commission of Hong Kong, as of the end of 2025, total assets under management (AUM) in Hong Kong jumped 20% year-on-year (YoY) to a record high of HK$42.2 trillion. Among the major segments, AUM of private banking and private wealth management business increased by an impressive 24% YoY to HK$12.9 trillion. At the same time, client expectations have shifted. High-net-worth individuals are increasingly looking beyond fragmented, one-off product recommendations and seeking professional institutions that can deliver cross-market and multi-generational support over the long term.

The center’s location in Harbour City offers views across Victoria Harbour and a calm, private setting. It features four dedicated meeting rooms, with each client received by a relationship manager throughout their visit to allow for in-depth discussions in a confidential environment. In addition to client meetings and document signing, the center will also host smaller, focused sessions to help clients better capture opportunities in Hong Kong’s wealth management market.

Strengthening Collaboration with Fosun Wealth IFA to Enrich Service Matrix

The Private Wealth Center will also serve as a working base for Fosun Wealth IFA, supporting professional discussions and the review of more complex cases. Launched by Fosun Wealth in 2025, Fosun Wealth IFA is Hong Kong’s first one-stop platform for independent financial advisors (IFAs) to establish and grow their practices. It has already built a team of nearly 500 advisors. Built on a compliant licensing framework, the platform integrates diversified financial products, AI-powered tools and structured trainings, supporting advisors from licensing through ongoing professional development to independent practice. The goal is to help raise standards and professionalism across Hong Kong IFA industry.

Fosun Wealth subsidiaries hold securities and insurance brokerage licenses. Under strict compliance, they provide access to insurance, securities, asset management, and corporate financing services. Fosun Wealth has also established partnerships with numerous leading fund houses, asset managers, and insurers, supporting both the Private Wealth Center and the IFA platform.

Cheng Kang, CEO of Fosun Wealth, said: “Hong Kong continues to strengthen its position as an international hub for asset and wealth management, supported by its resilience and openness. This creates a valuable opportunity for us to deepen our presence in the local market. The opening of the Private Wealth Center is more than the launch of a new location—it marks a new chapter in Fosun Wealth’s commitment to serving high-net-worth clients in Hong Kong with a more personal, long-term approach, bringing our ‘warm private wealth stewardship’ to a broader client base. Whether we are serving high-net-worth clients or building a stronger ecosystem for financial advisers, we aim to set a high standard in Hong Kong’s wealth management industry. We will focus on turning our capabilities into lasting value for clients, and work with clients and partners to support the continued growth of the sector.”

About Fosun Wealth International Holdings Limited

Fosun Wealth International Holdings Limited (hereinafter referred to as “Fosun Wealth”) is an AI-driven global one-stop Web5(Web2+Web3) wealth management platform wholly owned by Fosun International Limited (stock code: 656.HK) in Hong Kong. With its solid financial position, Fosun Wealth has obtained various licenses via its subsidiaries, including Type 1, 2, 4, 6, and 9 licenses granted by the Securities and Futures Commission(SFC) of Hong Kong, and an insurance broker license granted by the Insurance Authority(IA) of Hong Kong. Fosun International Securities Limited, a subsidiary of Fosun Wealth, is one of the first batch of brokerages to provide virtual asset dealing service. Fosun Wealth has launched several industry-leading brands, including the Fosun Wealth App, Finloop, FinChain, and Fosun Wealth IFA. For more information, please visit: www.fosunwealth.com.

View original content:https://www.prnewswire.com/apac/news-releases/fosun-wealth-opens-its-first-private-wealth-center-in-hong-kong-at-harbour-city-tsim-sha-tsui-302917889.html

SOURCE Fosun Wealth International Holdings Limited

Continue Reading

Technology

WOLFX Student Super App Reaches 104 Universities One Month After US Launch

Published

on

By

All-in-one college platform reports 300 percent subscription growth following Arizona campaign 

MELBOURNE, Australia, Oct. 23, 2026 /PRNewswire/ — WOLFX, an all-in-one app designed to help college students thrive academically, socially and financially, has been downloaded by students at 104 universities in 130 cities across the US just one month after its launch in Indiana.

The platform recorded a 300 percent increase in subscriptions following its Rush WOLFX campaign in Arizona. Rush WOLFX is a game of skill that involves college fraternities and sororities putting their business skills to the test to win a $10K prize. 

WOLFX plans to hold six additional Rush competitions at Universities across the country next month.

WOLFX brings together AI-powered study tools, wellness support, a student marketplace and opportunities for student entrepreneurs in a single app, giving students who juggle academic, social and financial pressures one place to manage college life.

“I developed WOLFX to make the lives of college kids better. To see the app being so well received across America gives everyone involved a huge boost,” said Simon Bishop, founder of WOLFX. “As a father, I know college can be a daunting time for students and parents. WOLFX is aimed at easing those fears of loneliness and isolation. I’m so happy WOLFX is making a difference.”

Students say the app is already part of their daily routine.

“This is honestly the only college app you’ll ever need,” said Katie Wolf, a cheerleader at Indiana University. “Whether it’s managing my schedule, working on a business idea or even selling some items on the student marketplace, WOLFX has me covered. This app is a game changer for college students.”

WOLFX Platinum is available for $28.99 per month. WOLFX can be downloaded on iOS and Android.

About WOLFX

WOLFX is a student-focused super app designed to help college students navigate campus life through AI-powered study tools, wellness support, a student marketplace and entrepreneurial opportunities. The platform aims to make college life more connected, manageable and rewarding. WOLFX is available on iOS and Android. Learn more at https://wolfxapp.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/wolfx-student-super-app-reaches-104-universities-one-month-after-us-launch-302917619.html

SOURCE WOLFX

Continue Reading

Trending