Business Engine Customers Recognized for Vision, Performance and Progress.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Business Engine, a market leader in portfolio management software solutions for IT and R&D organizations, today announced the recipients of its Customer MVP (Multimedia Video Processor) A high-speed DSP chip from Texas Instruments, introduced in 1994. Officially introduced as the TMS320C80, it combines RISC technology with the functionality of four DSPs on one chip. Awards. The Awards honor Business Engine customers who have demonstrated vision, performance and progress in their use of Business Engine's portfolio management solutions, resulting in significant value across their organizations. They were presented in an evening ceremony on October 16, 2006 during the Business Engine Global Summit in Orlando, FL. "Business Engine is proud to honor six customers this year for achieving significant business value enabled by our solutions," said Mark Strauch, Business Engine's President 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. . "As a company, we define our success based on the success of our customers, and these awards are a celebration of that partnership philosophy." Business Engine Customer MVP Awards are comprised of 3 categories: Vision, Performance, and Progress. There are two award winners for every category, one customer organization from each of Business Engine's product lines, the Business Engine Network (BEN) and Micro-Frame Program Manager (MPM MPM Multi-Processing Module (Apache) MPM Manufacturing Process Management MPM Milwaukee Public Museum MPM MMW (Millimeter Wave) Power Module MPM Master of Project Management (degree) ). Visionary Award: Tenneco & Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. The Visionary Award recognizes two customer organizations that have worked together with Business Engine to move our products forward in a high quality and high value manner. The Visionary Award was presented to Tenneco for being an early adopter of the BEN's portfolio optimization functionality. Tenneco, one of the world's leading suppliers of automotive emission control The selective and controlled use of electromagnetic, acoustic, or other emitters to optimize command and control capabilities while minimizing, for operations security: a. detection by enemy sensors; b. mutual interference among friendly systems; and/or c. and ride control products, uses the BEN globally to optimize their IT investment portfolio across its US and European operations. Tenneco has been a Business Engine customer since 2001. The Visionary Award was also presented to Northrop Grumman, a global defense company, for their outstanding integration of MPM into the fabric of their earned value business processes. Earned value management Earned Value Management (commonly abbreviated and referred to just as EVM) is a project management technique that seeks to measure forward progress in an objective manner. EVM is touted as having a unique ability to combine measurements of technical performance (i.e. , as specified in EIA/ANSI 748, is required in order to conduct business with 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. Federal Government. MPM has been used within Northrop Grumman to satisfy this requirement since the early 1990's. Performance Award: Capital One & Raytheon The Performance Award recognizes two customer organizations that have garnered the most value out of the BEN and MPM product lines. Capital One, a global diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services provider and a Business Engine customer since 2000, received this year's Performance Award for its 'mission-critical' use of the BEN in running the business of IT. Capital One relies on the BEN in the US and Europe to provide transparency to Business Unit customers on what they are spending on IT Application Development projects and what they are getting in return. Capital One also uses the BEN to manage IT projects, monitor budgets against actual project data, and optimize the efficient use of its global resource pool. Raytheon, a leading aerospace and defense company and Business Engine customer since 1989, received the Performance Award for its invaluable participation in the MPM solution's customer-driven design and beta program process. Raytheon continuously provides significant feedback into the development and design process, helping Business Engine carve the way for our market leading earned value management solution. Progress Award: Advanced Medical Optics Advanced Medical Optics, Inc., (NYSE: EYE) (known as AMO) is a global medical device leader focused on the discovery and delivery of innovative vision technologies that optimize the quality of life for people of all ages. & Battelle The Progress Award recognizes two customers who have made the most advancement in their implementation of the BEN and MPM product lines. Advanced Medical Optics (AMO AMO - America's Multimedia Online ), a global medical device leader focused on the discovery and delivery of innovative vision technologies, received this year's Progress Award for advancing the use of the BEN from a basic project management tool to a strategic tool that enables AMO to answer the following questions: * Are we working on the right things? * Are we investing money in the right places and realizing expected benefits? * Are we meeting the expectation of our internal and external customers? Battelle, a global science and technology enterprise that develops and commercializes technology and manages laboratories for customers, received the Progress Award for being an extremely loyal customer of Business Engine's MPM product since 1988. Over the past 19 years, they have made significant progress in their implementation of MPM on both government and commercial programs. About Business Engine Business Engine is a market leader in portfolio management software solutions for IT and R&D organizations. Our solutions provide visibility and control across the entire portfolio and specialize in providing financial transparency into spend and performance. IT organizations are therefore able to achieve alignment with their internal business customers by proving value for money. R&D organizations are able to optimize the product portfolio by balancing risk and reward to ensure products get to market on time and on budget. Business Engine serves more than 80,000 end users at over 500 organizations, including Advanced Medical Optics, Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank , Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. and Northrop Grumman. Visit www.BusinessEngine.com for more information. |
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