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Wolters Kluwer has been named a Leader in the IDC MarketScape: Worldwide Enterprise Legal Management Software 2023 Vendor Assessment*.
“Our analysis found that ELM Solutions leverages a deliberate and thoughtful approach to building its software while continuing to innovate and pioneer at scale for clients,” said Ryan O’Leary, Research Director, Privacy and Legal Technology at IDC. “This has created a stable, reliable and innovative enterprise legal management platform.”
IDC MarketScape’s analysts note Wolters Kluwer ELM Solutions’ thoughtful approach to innovation, reflected by an extensive portfolio of managed services, AI investments, and feature development all channeled towards serving customers’ immediate needs. This IDC MarketScape report utilizes an extensive range of criteria to evaluate vendors participating in the worldwide enterprise legal management software market, including cybersecurity, AI analytics, and user experience.
“Thanks to IDC for recognizing Wolters Kluwer as a Leader in the IDC MarketScape,” said Barry Ader, VP Product Management and Marketing, Wolters Kluwer ELM Solutions. “We believe that forward-facing technologies such as AI-powered spend management systems or intuitive e-billing and matter manager solutions can prepare corporate legal departments for challenges they may face either now or in the future.”
The report notes, “Wolters Kluwer is uniquely situated to develop products for enterprises as most of its customers are the largest enterprises in the world.” Additionally, the IDC MarketScape adds that, “Wolters Kluwer overall is an incredibly stable organization, and customers should feel comfortable investing in their software in times of economic uncertainty.”
The report also notes, “Wolters Kluwer's ELM Solutions has deep analytics and AI capabilities that leverage its massive amount of legal spend under management to provide all its end users with deep benchmarking data. Wolters Kluwer ELM Solutions focuses on practical AI capabilities that drive value for clients right now, not some future state.”
To date, ELM Solutions has won more than 20 awards in 2023 celebrating the commitment of the business to innovation and customer service.
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