Analysts Praise Actuate Performancesoft Track's Ability to Align All Employees Behind Strategic Goals; Analyst Research Shows That Integrating Activity Management With Performance Management Results in Ultimate Efficiency and Laser-Focused Execution.TORONTO -- Performancesoft Inc., a division of Actuate Corporation (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 :ACTU ACTU Australian Council of Trade Unions ACTU AIDS Clinical Trials Unit (Washington University Medical Center, St. Louis, Missouri) ACTU Association of Catholic Trade Unionists ACTU Australian Capital Territory Union ), and a leading provider of Performance Management solutions, today announced industry support for the debut of Actuate Performancesoft Track, an Activity Management solution for managing and monitoring any type of initiative, program, plan or activity. (See related announcement, "Actuate Performancesoft Track Provides Missing Link Between Performance Metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1]. and Activities" 07.31.06.) Industry analysts cite Actuate Performancesoft Track's unique ability to provide both time-based and performance-based Activity Management as a key to achieving the best possible organizational performance Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives). Specialists in many fields are concerned with organizational performance including strategic planners, operations, . Actuate Performancesoft Track is the first Activity Management solution to align front-line activities with organizational strategy by tracking them within the context of performance metrics. Actuate Performancesoft Track focuses employees on tasks that directly impact the strategic goals of the company. Organizations that use Actuate Performancesoft Track will move beyond merely identifying poorly performing metrics to initiating and managing activities that improve performance. The product is suitable for managing highly complex strategic plans at various levels of an organization and can be used as a standalone solution or to enhance an existing Performance Management solution. AMR (1) (Adaptive Multi-Rate) A variable rate speech codec selected by the 3GPP for the 3G evolution of the GSM cellphone system (WCDMA). Using the Algebraic CELP (ACELP) compression technology, AMR provides toll quality sound at transmission rates from 4.75 to 12. Research "Taking the pulse of the business on an ongoing basis allows you to make course corrections as early as possible to achieve ever higher levels of performance," said John Hagerty in the July 2006 AMR Research article "Mixing Measurement and Management: Scorecards Mingle with Projects." "Changes in direction, whether major or minor, usually result in a slate of activities that should be documented, monitored, and managed to ensure optimal outcome. ... What's been missing is an integrated link to program management in an easy-to-manage, easy-to-consume way. Performancesoft, a division of Actuate, has introduced a new product, Actuate Performancesoft Track, to address this gap. ... Managing and monitoring these activities in context of a company-wide Performance Management program gives decision makers a common view of how they're doing, and what steps they're taking to ensure improvement." IDC "Performance Management software solutions must provide consistent visibility of information between executives and line employees," said Kathleen Wilhide, research director, Compliance and BPM Solutions at IDC. "Actuate Performancesoft Track provides direct visibility into performance metrics and the link between actions and strategic business goals." Inn-vision "Activity Management is critical for optimizing performance and is the clear 'next step' for operational Performance Management," said Martin McCann, 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. and director of research, Inn-vision. "Tracking performance at the activity level is the best way to implement strategy beyond the boardroom, to all levels of the organization. The Actuate Performancesoft Track solution for Activity Management offers advanced capabilities for managing operational improvement through the visibility it provides performance initiatives, resource allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs and alignment of activities to strategy." Ventana Research "Performance metrics often stop at the executive offices, making it difficult for front-line workers to understand how their tasks relate to overall strategy," said Mark Smith, CEO & EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of research, Ventana Research. "In our research and industry work with organizations, we have found that there is a clear lack of connection between performance metrics and the activities that impact them. Actuate Performancesoft Track enables a wide range of users at every level of an organization to link their activities back to overall strategy in a way that is practical and simple." About Performancesoft Inc. Performancesoft Inc., a division of Actuate Corporation, helps high performing organizations drive strategy at all levels, improve decision making, and ensure better operational performance and execution. Organizations have benefited from Performancesoft solutions to achieve better results utilizing a number of private and public sector Performance Management frameworks, including but not limited to: the Balanced Scorecard Balanced Scorecard A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing , Malcolm Baldrige
Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. , JCAHO JCAHO Joint Commission on Accreditation of Healthcare Organizations, see there , and The President's Management Agenda The President's Management Agenda is an initiative, announced by U.S. President George W. Bush in 2001, to make the U.S. federal government more efficient and effective. In its drive to make government more "citizen-centered, market-based, and results-oriented," the agenda . Performancesoft's unique offering of leading edge software, rapid time to value, and Performance Management Thought Leadership makes it the solution of choice for today's performance driven organizations, which include: Wachovia, Motorola, GlaxoSmithKline, Bombardier, Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control , and many more. For more information, visit: www.performancesoft.com. About Actuate Corporation Actuate Corporation is the world leader in Enterprise Reporting and Performance Management Applications that empower 100% of users to achieve breakthrough corporate performance. Actuate provides the most scalable, reliable, flexible and high-performing reporting capabilities for every application in the enterprise. Customers use Actuate to deliver information in context to users inside and outside the firewall as Performance Management and Customer Self-Service applications, managed spreadsheet applications and Java reporting applications. Actuate has over 3,500 customers globally in a range of industries including banking, insurance, manufacturing, communications, and government. Founded in 1993, Actuate has headquarters in South San Francisco South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif., with offices worldwide. Actuate is listed on the NASDAQ exchange under the symbol ACTU. For more information on Actuate, visit the company's Web site at www.actuate.com. Copyright(C) 2006 Actuate Corporation. All rights reserved. Actuate and the Actuate logo are registered trademarks of Actuate Corporation and/or its affiliates in the U.S. and certain other countries. All other brands, names or trademarks mentioned may be trademarks of their respective owners. |
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