|By Business Wire||
|June 4, 2014 01:03 AM EDT||
DocuSign, Inc. (DocuSign®) announced that is has been awarded 2014 OnDemand 100 Company of the Year by AlwaysOn. Recognition as the OnDemand Company of the Year signifies DocuSign’s leadership amongst its peers and across industries as the standout organization on the cutting edge of Software-as-a-Service, cloud computing, on-demand software, and mobile technology. The award recognizes DocuSign as the company with the most game-changing approach and most likely to disrupt existing markets and entrenched players while creating new markets and value with its Digital Transaction Management (DTM) platform.
"DocuSign took one of the universe's simplest concepts – a legally binding signature – and turned it into an incredibly successful, sustainable online business," said Tony Perkins, founder, editor and CEO, AlwaysOn. "DocuSign's promise of a secure online document transaction and collaboration environment is a powerful one – and the company's market position will only get stronger as organizations of every size, industry and geography continue to benefit from DTM’s faster speed to results, reduced costs and enhanced customer experience. With the growing adoption of cloud and on-demand software, DocuSign will undoubtedly see even more growth, innovation and opportunity as the leader.”
Analysts have noted that DTM is the future of successful business. “Many businesses are still stuck in the dark ages relying on pen and paper to transact business,” said Bill McBeath, chief research officer, ChainLink Research. “Keeping transaction flows 100% digital promises to be transformational for businesses across practically every industry and geography. The benefits of DTM – from cost savings to environmental impact, increased security and compliance, revenue acceleration and customer experience – are very compelling.”
Aragon Research predicts ‘DTM’ to be one of the fastest-adopted business transformations in history surpassing Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) with 70% of large companies implementing DTM as a business imperative by the end of 2016.
“The most innovative and progressive organizations have already implemented DTM and are now expanding use cases beyond their initial deployments,” said Jim Lundy, CEO and lead analyst, Aragon Research. “DTM is expected to grow faster than nearly every business category save for tablets. We predict DTM will be a strategic imperative for the vast majority of organizations large and small by 2016.”
DocuSign was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz. DocuSign and the OnDemand Top 100 companies are being honored at AlwaysOn’s OnDemand event on 4 June 2014 at Draper University in San Mateo, California. The OnDemand 100 winners were selected from among hundreds of technology companies nominated by investors, bankers, journalists and industry leaders.
About DocuSign Inc.
DocuSign®, The Global Standard for Digital Transaction Management™. Global enterprises, business departments, individual professionals, and consumers have standardized on DocuSign, with more than 40,000 new users joining the DocuSign Global Network every day. Today, that network includes millions of users in 188 countries. DocuSign's DTM platform supports legally compliant electronic and digital signature processes tailored to meet requirements globally with localization in 43 languages. Companies and individuals DocuSign to accelerate transaction times to increase speed to results, reduce costs, increase security and compliance, and delight customers across nearly every industry – from financial services, insurance, technology, healthcare, manufacturing, communications, real estate, retail, and consumer goods to higher education, non-profit and others – as well as every business department, including sales, finance, operations, procurement, HR/staffing, legal, and customer support. For more information, visit www.docusign.com. Visit the DocuSign blog at www.docusign.com/blog and follow DocuSign on Twitter, LinkedIn, and Facebook.
DocuSign is a registered trademark of DocuSign, Inc. All other trademarked names or terms used in this document are the properties of their respective owners.