ETQ Ranked as Front Runner in LNS Research Enterprise Quality Management Software Solution Selection Matrix 2025
Rhea-AI Summary
ETQ (NYSE:B) was ranked a Front Runner in the Enterprise Quality Management Software Solution Selection Matrix 2025 by LNS Research on Dec 11, 2025. Out of 16 vendors evaluated, ETQ was one of three Front Runners.
LNS cited ETQ Reliance's extensive configurability, a unified workflow engine, strong customer support described as "agile and focused on customer success," and a broad application library. The report highlighted partnerships with Augmentir for frontline integration and Acerta for predictive quality analytics. LNS scored ETQ across Product, Potential, and Presence in its 3P model.
Positive
- Ranked Front Runner among 16 vendors (Dec 11, 2025)
- One of three companies to achieve Front Runner status
- Customer support rated agile and focused on success
- Partnerships with Augmentir and Acerta expand capabilities
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Within gold-sector peers, most names were up modestly (WPM +2.68%, AU +2.43%, KGC +1.34%, FNV +1.48%) while AEM was slightly negative (-0.3%). The move in B appears more company-specific than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 08 | Drug access update | Positive | +2.2% | Leqembi added to China’s Commercial Insurance Innovative Drug List. |
| Dec 08 | Trial clearance | Positive | +2.2% | FDA cleared global Phase IIb trial of CS1 in PAH. |
| Dec 03 | Product launch | Positive | -1.3% | Launch of ETQ Reliance Go cloud-native EQMS for smaller manufacturers. |
| Dec 02 | Asset divestiture | Neutral | -3.1% | Completion of Tongon gold mine divestiture for up to $305M. |
| Dec 01 | IPO evaluation | Neutral | +2.4% | Board authorized exploration of IPO for North American gold assets. |
Recent news often saw price moves that aligned with event tone, though the ETQ Reliance Go launch drew a negative reaction despite being a product-focused announcement.
Over early December 2025, Barrick and related entities reported several strategic updates. On Dec 1, Barrick began evaluating an IPO for its North American gold assets, followed on Dec 2 by completion of the Tongon mine divestiture for up to $305 million. On Dec 3, ETQ launched the cloud-native ETQ Reliance Go EQMS. Separate partners announced Leqembi’s inclusion in a Chinese innovative drug list and FDA clearance for a Phase IIb trial of CS1. Today’s ETQ recognition by LNS Research extends this quality and software-focused narrative.
Market Pulse Summary
This announcement highlights that ETQ, part of Barrick’s broader ecosystem, was ranked a front runner in LNS Research’s EQMS Solution Selection Matrix 2025, one of only three vendors given that status among 16 evaluated. The report cites advanced configurability, an extensive application library, and partnerships that extend predictive quality analytics. In the weeks around this news, Barrick also pursued portfolio actions and IPO evaluation, so tracking how software capabilities integrate with these strategic moves and future filings may be important.
Key Terms
enterprise quality management software technical
eqms technical
workflow design engine technical
predictive quality analytics technical
AI-generated analysis. Not financial advice.
ETQ Recognized as 'More Advanced Software Provider' in EQMS Space
In its comprehensive report, LNS Research stated, "ETQ is one of the more advanced software providers in the EQMS space. It has designed its systems to perform as one seamless system. Of all EQMS providers, ETQ is the most balanced and comfortable, serving customers across all industries."
The LNS Research report also stated, that "ETQ Reliance has extensive configurability. ETQ exposes the same workflow design engine they use for their end users, allowing users to create highly custom business logic rules that drive efficiencies through reduced admin work."
"LNS Research's thorough analysis of the leading players and competitive landscape for enterprise quality management solutions provides a solid footprint for manufacturers looking to take their quality operations to the next level in an environment where quality is not a marketing term but a fundamental guiding principal," said Vick Vaishnavi, CEO, ETQ. "We're pleased that ETQ Reliance was found to be a Front Runner, offering the necessary features, attributes and market opportunities to guide the industry in continued quality automation excellence."
The LNS Research approach to selecting vendors for evaluation in a Solution Selection Matrix (SSM) report includes a set of criteria, including initial screenings, data collection on products and services, customer references and interviews. A score is assigned based on the LNS Research 3P Evaluation Model, covering Product, Potential, and Presence. ETQ received high marks across all of these core criteria.
Customer Support, Partnerships Boost ETQ Score
As part of its customer research, LNS Research found that the majority of customers believe that ETQ's implementation services and enhancement support capabilities are "agile and focused on customer success," and that "its approach to implementation is more 'teach me to fish' than 'give me a fish.'"
LNS Research found ETQ's differentiators to be its "extensive application library, easy, user-defined configuration, customization capabilities and its vision for a seamless user experience."
LNS Research noted that ETQ's product development roadmap has features extending the capabilities of its partnership with Augmentir, for seamless integration of ETQ's Reliance EQMS processes with Augmentir's connected frontline workforce capabilities. It also noted ETQ's partnership with Acerta for the expansion of its predictive quality analytics capabilities, which deliver powerful, actionable insights that allow frontline workers "to improve quality on the spot."
"The Enterprise Quality Management Software (EQMS) Solution Selection Matrix 2025 consists of a comprehensive and rigorous study of the vendors shaping the automated quality management landscape and defining its evolution into the future," said James Wells, Senior Analyst at LNS Research. "Given the dynamic environment of today's manufacturing operations, supply chains and evolving customer requirements, the role of enterprise quality management software has never been more crucial, and the need to select the best solution for your present and future enterprise needs has never been more critical."
About LNS Research and its EQMS Solution Selection Matrix
LNS Research helps global manufacturers achieve world-class performance through data-driven insights, executive advisory, and peer collaboration. The firm's research connects industrial leaders to the strategies, technologies, and operating models that drive measurable productivity and competitive advantage.
The LNS Research EQMS Solution Selection Matrix is based on the firm's research and provides its point of view on this growing and dynamic market. It's intended for industrial organizations to better understand EQMS as a software category and to assist in identifying vendors offering viable solutions for standardizing and harmonizing quality processes and enabling a collaborative quality transformation.
Click here to download the LNS Research EQMS Solution Selection Matrix market guidebook.
ETQ
ETQ, part of Hexagon, is a leading provider of integrated quality management, health, safety and environmental solutions for manufacturers. Firms around the world rely on ETQ to ensure optimal quality at scale, reduce costs and improve the velocity of data-driven decisions. Learn more at etq.com.
Hexagon is a global leader in digital reality solutions, combining sensor, software and autonomous technologies. Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,000 employees in 50 countries and net sales of approximately
Important Note: All entries in the LNS Research EQMS Solution Selection Matrix represent the opinions of the authors based on their industry experience and their view of the information collected using the methods described in the LNS Research Integrity Policy. LNS Research and the Solution Selection Matrix are trademarks of LNS Research.
Media Contacts:
Chris Nahil | Linda Pendergast-Savage |
ETQ | lpendergastsavage@comcast.net |
cnahil@etq.com | 508-224-7905 |
617-529-6126 |
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SOURCE ETQ, LLC