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Chordiant, formerly known as Chordiant Software and J. Frank Consulting, was an American software company which offered
enterprise software Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than individual users. Such organizations include businesses, schools, interest-based user groups, ...
to help other companies improve customer experience. Now owned by
Pegasystems Pegasystems Inc. is an American software company based in Cambridge, Massachusetts. Founded in 1983, Pegasystems develops software for customer relationship management (CRM) and business process management (BPM). The company has been publicly tr ...
, they were headquartered in Cupertino, California. Chordiant provided Business Process Management (BPM),
Customer relationship management Customer relationship management (CRM) is a process in which a business or other organization administers its interactions with customers, typically using data analysis to study large amounts of information. CRM systems compile data from a ra ...
(CRM), and
Enterprise Decision Management Decision management, also known as enterprise decision management (EDM) or business decision management (BDM) entails all aspects of designing, building and managing the automated decision-making systems that an organization uses to manage its inter ...
(EDM) software, which enables building applications that enhances customer interaction. Applications built using the company's framework were widely used by large organisations in the United States and Europe.


History

Chordiant originally began under the name J. Frank Consulting, a consulting company. In 1997, they transformed into a software company and re-branded as Chordiant Software. In February 2000, they went public and traded under
NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
. The company's stock hit an initial high point of $53 shortly after going public, but soon crashed to single digits months later as the software industry in general suffered a significant decline. Initially, Chordiant's software was developed on
Forte 4GL Forté 4GL was a proprietary application server that was developed by Forté Software and used for developing scalable, highly available, enterprise applications. History Forté 4GL was created as an integrated solution for developing and managing ...
platform. After seeing the promise of the emerging Java EE technologies, the company moved their software to a
Java Java (; id, Jawa, ; jv, ꦗꦮ; su, ) is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea to the north. With a population of 151.6 million people, Java is the world's List ...
-based platform and became one of the first packaged enterprise software vendors to ship a completely Java EE-based product suite. On March 15, 2010,
Pegasystems Pegasystems Inc. is an American software company based in Cambridge, Massachusetts. Founded in 1983, Pegasystems develops software for customer relationship management (CRM) and business process management (BPM). The company has been publicly tr ...
, a competing company, announced it had acquired Chordiant for a price of approximately $161.5 million.


References

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External links


Official website
Software companies based in the San Francisco Bay Area Defunct companies based in the San Francisco Bay Area Companies based in Cupertino, California Software companies established in 1997 Software companies disestablished in 2010 Customer relationship management software companies Defunct software companies of the United States 2010 mergers and acquisitions