SirionLabs Named a Leader in Gartner Magic Quadrant for Contract Life Cycle Management

SirionLabs, the global leader in AI-powered contract lifecycle management (CLM), announced it has been named a Leader in the 2022 Gartner Magic Quadrant for Contract Life Cycle Management. For its third annual CLM market, Gartner, Inc. evaluated 18 CLM vendors across 15 criteria, measured along ability to execute and completeness of vision. "The demand for CLM as a mission-critical asset for businesses has been growing rapidly" Sirion believes its recognition as a Leader in this report reinforces its position as one of the key providers of enterprise contract management technology. The Gartner report states: "Leaders are in the strongest position to influence the market's growth and direction. They demonstrate a market-defining vision for how CLM technology can help companies achieve the business objectives of managing compliance and reducing process bottlenecks. Leaders can execute against that vision through products and services, and have demonstrated business results in the form of revenue and earnings. They excel in their combination of market understanding, innovation, product features and functions, and overall viability."