Argonaut Private Equity led the round with an investment of $67 million securing a 'significant minority stake' in the company, which could be anywhere between 20 and 33 percent.

Headquartered in the Netherlands, Cordys is a global company with over 520 employees in offices in the Americas, Europe, China and India. Cordys currently employs 250 people at its Asia development centre in Hyderabad which is the key to its ability to compete with larger incumbents,

With more than $2 billion under management, Argonaut Private Equity is a diversified global private equity fund. 'This investment in Cordys demonstrates Argonaut's commitment to investing in high potential business with strong ties to India,' said Gagan Kapur, vice president, Argonaut Private Equity. With the investment in Cordys, the total investment by Argonaut in India has reached $170 million in diverse markets.

BMPS' are the next generation of BPM software. BMPS' pull together a broader set of tools to provide end-to-end lifecycle support of the business process all within a single model that is shared by all its enabling technologies.

But we have a full program of really interesting vendors (IMNSHO). They cover a range of different themes that regular readers will recognize. This is a real opportunity for people involved in BPM projects to save hundreds of hours and many thousands of dollars by assessing all the best vendors in one place, picking up on the best practices, pitfalls and other implementation wrinkles.

In no particular order they are:

BPM and SaaS - Appian, Integrify, Itensil, Lombardi (Blueprint) ... I am not sure whether I should put Cordys, and Fujitsu in that category (since apparently they can do this combination but haven't made a big noise about it).

Case Handling - Cordys, Graham Technology, Itensil, Pallas Athena, Pega

Complex Customer Interaction - Graham Technology, Pega

Knowledge Workers - Appian, HandySoft and Itensil

Microsoft and .NET - Ascentn, Bluespring Software and BizAgi

BPM-SOA Stack - BEA, Fujitsu and TIBCO

Unified Data Model - BizAgi, Pega

They all have something special about them - they are all becoming more and more "model driven" (some are better than others), they all feature mechanisms to monitor and track work. Here is the complete list along with links to their web sites.

Appian - Ascentn - BEA - BizAgi - Bluespring Software - Cordys - Graham Technology - HandySoft - Integrify - Itensil - Fujitsu - Lombardi - Pallas Athena - Pega - TIBCO

That’s 15 vendors, each delivering 4 sessions - one in the morning and one in the afternoon on each of the core showcase days (Tuesday and Wednesday). The Showcase itself is capped off with a simulated product bake-off where each vendor demonstrates how they have built out one or other of the two core scenarios we will provide them with.

I intend to create short 5-minute videos of each vendor, featuring their best points and place them on YouTube with links to their product profile - which I will endeavor to get up on the BPMF site within a few weeks of the event (but I am traveling for the month of March so it might not be till mid-April before that happens.

Oh - and lets not forget the Monday when you will hear a keynote from Connie Moore (of Forrester), followed by three new case studies (the best submissions from the Awards program - Wells Fargo, Geisinger Health and Louisiana Supreme Court), the three inclusive ½ day training courses:

• Ensuring BPM Project Success - from me
• Modeling in BPMN - from Stephen White of IBM (the main author of the BPMN specification)
• BPM Overview from the WfMC

And all of this is available for the killer price of just $395 (up until close of business this Friday ... after that it reverts to $595). Just to put that price in perspective, that's less than you would pay a traditional conference for their pre-conference workshop !! We have deliberately kept the prices low so that you can bring the team – to form a shared understanding of the issues and the way ahead (and it’s impossible to get around all 15 vendors in the 12 sessions that you will have time to attend).
You can get directly to the registration page here

Download the brochure here