Ajunto Drives IT Industry to Efficiency.Business Editors/Hi-Tech Writers KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa.--(BUSINESS WIRE)--Jan. 22, 2001 Ajunto's IT Automation Software(sm) and Intelligent Sourcing Service(sm) to Hasten Global 2000'S Ability to Automate and Accelerate Their IT Sourcing Process Ajunto, the first horizontal service provider (HSP (Hosting Service Provider) An organization that specializes in hosting Web sites. There are various levels of offerings from sharing a Web server with several other companies to having a dedicated Web server or to providing co-location services. See co-location. ) dedicated exclusively to the IT industry, today announced the introduction of two innovative offerings, IT Automation Software(sm) and Intelligent Sourcing Service(sm). Both offerings are designed specifically to help companies more efficiently source IT applications and services. Ajunto's proprietary, patent-pending IT Automation Software enables companies to streamline the IT sourcing process by creating digital delivery channels customized for the constituencies that make up their unique IT value chains. This offering allows companies to save valuable time and money by automating many aspects of the traditional, time consuming due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. process associated with important IT sourcing decisions. Additionally, Ajunto's software platform allows companies to optimize all aspects of the sourcing value chain including procurement, channel development, sales and corporate knowledge functions. Ajunto's new subscription-based service offering, the Intelligent Sourcing Service, enables IT professionals to quickly and easily locate valuable, customized information related to their specific IT sourcing initiative. This new service, which is intended for IT professionals at all management levels, offers members access to sophisticated online sourcing tools, access to in-depth industry research and market intelligence, and the ability to interact with a closed community of their IT peers. "Business to Business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) software has helped organizations the last five years automate the procurement of low value goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. from discrete industries," says Michael M. Carter, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ajunto. "With the advent of the Ajunto IT Automation Software and Intelligent Sourcing Service offerings, the Global 2000 can now automate and bring efficiencies to higher value line items of the budget." The IT industry has automated every other industry except itself. IT automation, we believe, is the next great wave." "With IT budget growth expected to slow in 2001, companies are increasingly realizing the strategic importance of sourcing because if they do it well, they can save considerable time and money", said Peter Burris, META Group Co-research Director and president of metagroup.com, a division of META Group (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :METG METG Military Effects Test Group ). "If they do it poorly, they can easily waste valuable resources. We believe 80% of Global 2000 companies don't have formal sourcing processes, but the number of companies to adopt them will increase dramatically over the next year as companies recognize the tremendous value and cost savings associated with efficient sourcing and procurement." About Ajunto Headquartered in suburban Philadelphia, Ajunto is the first horizontal service provider (HSP) designed specifically to automate the IT industry. Ajunto enables organizations to automate and accelerate the IT sourcing process through its exclusive, patent pending IT Automation Software(sm) and its hosted Intelligent Sourcing Service(sm). Companies can license, incorporate and customize Ajunto's innovative Automation Software Platform to reach new customers and more efficiently service existing customers. The Automation Software Platform enables companies to quickly and proficiently deploy integrated, customized digital delivery channels for their own unique audiences. Additionally, Ajunto's Intelligent Sourcing Service provides IT professionals access to in-depth industry research and analysis, sophisticated online sourcing tools and a closed community of their peers. Ajunto's investors include Pennsylvania Early Stage Partners II, a Safeguard Scientifics- affiliated fund (NYSE NYSE See: New York Stock Exchange :SFE See Sydney Futures Exchange. ); META Group (NASDAQ:METG), The Eastern Technology Fund, Lenfest Enterprises LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ; Brobeck Phleger and Harrison; Unwired Ventures; and Cross River Partners. For more information, please contact: www.ajunto.com The Ajunto name and design are trademarks of Ajunto, Inc. All other company and product names may be trademarks of the respective companies with which they are associated. |
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