Adaytum Software Names Eric Iverson Chief Technical Officer; 30-Year Industry Veteran Will Lead Adaytum's Software Development.MINNEAPOLIS--(BUSINESS WIRE)--Aug. 24, 1999-- Adaytum Software, the leading supplier of business planning solutions, today announced it has named Eric ERIC Educational Research Information Clearinghouse ERIC Educational Resources Information Center ERIC ERISA Industry Committee ERIC Epidemiologic Research and Information Center (Durham, NC) Iverson its chief technical officer. In this newly created position, Iverson will be responsible for leading Adaytum's software development team worldwide. Iverson brings more than 30 years of software industry experience and software development best practices to Adaytum Software. At Adaytum, he will focus on leading the development of the company's sophisticated core technologies, industry-standard tools and methodologies, and its flagship commercial products. He will also play a prominent role in extending the technical relationships Adaytum has with other major business software providers. He will report to Guy Haddleton, chief executive officer. "It is an absolute delight to welcome Eric to the senior management team at Adaytum," said Haddleton. "A professional with Eric's rich experience in software development is a rare find and his seasoned leadership will be an outstanding addition. We look forward to the contributions and talents he is bringing to our company." A DISTINGUISHED CAREER IN SOFTWARE DEVELOPMENT Iverson has been a software professional for more than 30 years. In 1968 he left Yale University Yale University, at New Haven, Conn.; coeducational. Chartered as a collegiate school for men in 1701 largely as a result of the efforts of James Pierpont, it opened at Killingworth (now Clinton) in 1702, moved (1707) to Saybrook (now Old Saybrook), and in 1716 was to join I.P. Sharp Associates, a small Toronto Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing company that became one of the early pioneering success stories in the days of mainframe timesharing. Growing with the company, Iverson gained experience in operations, core technology development, and large application development. He was vice president of development, applications, and operations and managed 200 people when Reuters Reuters British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. bought the company in 1987. After successfully steering The process whereby builders, brokers, and rental property managers induce purchasers or lessees of real property to buy land or rent premises in neighborhoods composed of persons of the same race. the transition to Reuters, Iverson and several colleagues founded Iverson Software, Inc. to develop a programming language called J. Today, Iverson Software continues under its own steam while Iverson devotes his full time and attention to Adaytum. "I'm looking forward to working alongside the fine development team that's in place at Adaytum," said Iverson. "My vision is to strengthen and extend that team and help Adaytum continue its tradition of delivering new, exciting, and powerful business planning solutions." ABOUT ADAYTUM SOFTWARE Founded in 1990, Adaytum Software develops and markets "best-of-class" budgeting, planning, and performance analysis software for medium- and large-sized corporations whose requirements have grown beyond the scope of the spreadsheet spreadsheet Computer software that allows the user to enter columns and rows of numbers in a ledgerlike format. Any cell of the ledger may contain either data or a formula that describes the value that should be inserted therein based on the values in other cells. environment. Adaytum Software is an international, privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with offices in the U.S., U.K., and Denmark. The company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , Adaytum Planning, is used by more than 10,000 users in a broad spectrum of business planning applications, including budgeting, planning, forecasting, consolidation, management reporting, product profitability analysis, and activity-based costing In a business organization, Activity-based costing (ABC) is a method of allocating costs to products and services. It is generally used as a tool for planning and control. This is a necessary tool for doing value chain analysis. . For more information, visit the company's Web site at www.adaytum.com or call 800/262-4445. Adaytum is a trademark of Adaytum Software. All other trademarks or registered trademarks are property of their respective holders. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion