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Date: February 20, 2003
Adaptive Announces Release of Adaptive IT Portfolio
Manager™
Aligning IT with Business
Adaptive, Inc., a leading provider of business transformation
solutions, today announced the release of Adaptive IT Portfolio Manager™
(ITPM). ITPM enables an organization to create a single IT/business
knowledge repository. By linking business and IT architectures, systems
can be built which truly reflect the strategic priorities of business.
A survey from META Group recently reported that two out of three business
deals are passed over by companies because IT departments aren’t
prepared. Morgan Stanley revealed that between 2000 and 2002, U.S.
companies spent $130 billion on software and hardware that they ultimately
didn’t need to support their businesses. According to figures
by Gartner Group, this number jumps to $540 billion on a global scale.
Understanding the IT portfolio mitigates these issues.
Adaptive IT Portfolio Manager™ allows an organization
to document, classify and inter-relate its IT assets. “ITPM
lets you capture your IT portfolio information to provide a 360 degree
view of the inter-dependencies among IT projects, applications, interfaces,
data, infrastructure and your business processes, products and organization
structure. This enables you to immediately visualize the use of information
technology by your organization” said Jeff Goins, Executive
Vice President, Adaptive. “ITPM is designed to support your
IT planning and organizing processes so that you can identify impacts,
risks and potential costs of any changes, as well as identify insufficiently
used capability.” Rationalizing the way that IT applications
and infrastructure support business operations through the use of
ITPM also allows an organization to understand where its bottlenecks,
redundancies and duplications are.
By enabling more informed decision-making about IT assets,
ITPM provides support for significant change initiatives such as mergers
and outsourcing, through the creation of future views, while effectively
facilitating current state assessments. ITPM allows IT changes to
be synchronized between the different IT asset types, while ensuring
that these IT changes synchronize with business changes. This capability,
to see the impact of change, enables organizations to assess and manage
business and IT risks.
ITPM is built on the powerful, scalable and flexible
Adaptive Foundation™ repository platform, deployed via an impressive
web-based browser interface that is easily integrated into the way
users already work.
Roger Burlton, CEO of Adaptive, said: “The overriding
need to cut costs, increase efficiency and to improve profitability
is a significant challenge in today’s economy. Adaptive’s
ITPM delivers significant benefits to an IT organization in addressing
these issues, by enabling it to achieve faster time-to-market, track
changes to its portfolio and determine the impact of such changes
throughout the business. ITPM will leverage the value of finite resources
and budgets by ensuring that IT investments align with business imperatives.”
About Adaptive, Inc.
Adaptive is a corporation that provides business transformation
knowledge management software and consulting services to large organizations
and governments around the world. The software and services platform
is very versatile and adaptable to handle many problems faced by enterprises
today, including IT portfolio optimization, security planning, project
portfolio management, business process management, operational risk
management, pre and post merger planning and design, and performance
scorecard implementation.
Organizations that have benefited from the technology
and services now available from Adaptive, Inc. include Abbey National,
BBL (Bank Brussels Lambert), Credit Suisse, Deutsche Bahn, NATO, Telecom
Italia, The Executive Office of the President of the United States,
RAC plc, UBS and UBS Warburg.
Adaptive IT Portfolio Manager and Adaptive Foundation
are trademarks of Adaptive, Inc. Other product and company names mentioned
herein may be the trademarks of their respective owners.
Contact:
Ylva Barker
Marketing Manager
+44 (1202) 491-251
press@adaptive.com
All product names used herein are for identification
purposes only and may be trademarks of their respective companies. |
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