Budco Selects Borland(R) IT Project and Portfolio Management Solution To Improve Business and IT Alignment.Leading Marketing Services Company Chooses Borland Tempo([TM]) to Help Provide Greater Visibility and Control Over IT Projects and Resource Allocation resource allocation Managed care The constellation of activities and decisions which form the basis for prioritizing health care needs AUSTIN, Texas -- Borland Software Corporation (company) Borland Software Corporation - A company that sells a variety of PC software development and database systems. Borland was founded in 1983 and initially became famous for their low-cost software, particularly Turbo Pascal, Turbo C, and Turbo Prolog. (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 :BORL) www.borland.com), the global leader in Open Application Lifecycle Management The administration and control of an application from inception to its demise. It embraces requirements management, system design, software development and configuration management and implies an integrated set of tools for developing and controlling the project. (ALM), today announced that Budco, a leading marketing services and distribution company, has selected Borland([R]) Tempo([TM]) to increase visibility and control over IT projects and facilitate greater organizational alignment around IT priorities and resource allocation. For 25 years, Budco has provided marketing communication and fulfillment services to some of the world's leading companies spanning across a range of industries, from pharmaceutical to financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Budco's IT department is charged with developing both customer-facing and internal projects for the company while maintaining alignment with overall business goals. For this reason, it is critical that Budco's IT department have the ability to provide the company with a clear picture of how IT project resources are being allocated and prioritized, and when projects will be completed. To address these challenges, Budco sought a solution that would improve visibility across business lines, provide detailed insight into resource allocation and help the company better prioritize and manage IT projects. Budco selected Borland Tempo, the cornerstone of Borland's IT Project and Portfolio Management solution, over competing solutions due to the product's functional breadth and depth, flexibility, ease of use, and lower total-cost-of-ownership. The product's ability to integrate with Budco's existing tools and technologies was also key to its selection. "We got to the point where we realized our home-grown systems would only take us so far," said Steve Swanson Steve Swanson, of Tampa, Florida, is the current lead guitarist for the death metal band, Six Feet Under. He took over guitar duties from Allen West (of Obituary). Allen left the band in late 1997, when Chris Barnes was fired from Cannibal Corpse. , CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. at Budco. "We believe Borland Tempo is the best product on the market from a features and functionality standpoint and we also found that it was the most closely aligned with what we were trying to accomplish. With Borland Tempo, Budco will be able to incrementally adapt processes and select the best technology investments -- on our terms." By implementing Borland Tempo, Budco hopes to give the business and the IT organization improved visibility into project and portfolio IT resource allocation and improve their ability to analyze estimated versus actual project completion times. The product will allow users to view and analyze project data in real-time and facilitate allocation of resources allocation of resources Apportionment of productive assets among different uses. The issue of resource allocation arises as societies seek to balance limited resources (capital, labour, land) against the various and often unlimited wants of their members. . It will also provide the company with a complete, collaborative IT project and portfolio management system designed to allow users to incrementally adopt more efficient processes for collecting, evaluating and prioritizing projects based on business value and impact. About Borland Founded in 1983, Borland (NASDAQ:BORL) is the leading vendor of Open Application Lifecycle Management (ALM) solutions - open to customers' processes, tools and platforms - providing the flexibility to manage, measure and improve the software delivery process. To learn more about maximizing the business value of software, visit http://www.borland.com. Borland, Tempo and all other Borland brand and product names are service marks, trademarks or registered trademarks of Borland Software Corporation or its subsidiaries in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. All other marks are the property of their respective owners. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains "forward-looking statements" as defined under the U.S. Federal Securities Laws, including the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and is subject to the safe harbors created by such laws. Forward-looking statements may relate to, but are not limited to, the features available in, and the potential benefits to be derived from, Borland products and solutions, and the release dates, plans and market acceptance of such products and solutions, including Borland Open ALM products and solutions. Such forward-looking statements are based on current expectations that involve a number of uncertainties and risks that may cause actual events or results to differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: rapid technological change that can adversely affect the demand for Borland products, shifts in customer demand, shifts in strategic relationships, delays in Borland's ability to deliver its products and services, software errors or announcements by competitors. These and other risks may be detailed from time to time in Borland periodic reports filed with the Securities and Exchange Commission, including, but not limited to, its latest Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and its latest Quarterly Report on Form 10-Q Form 10-Q See 10-Q. , copies of which may be obtained from www.sec.gov. Borland is under no obligation to update its forward-looking statements. Information contained in our website is not incorporated by reference in, or made part of this press release. |
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