COMPUTER ASSOCIATES MAKES STRATEGIC INVESTMENT IN E-STOREFRONT FIRM I- STORM.Deal Brings Together Leaders In e-Business Infrastructure, Online Storefront A store on the Internet that offers items for sale and is capable of handling the financial transaction online. See cybermall and digital money. Operation Computer Associates International Inc. and I-Storm Inc. last week announced an alliance that will leverage the strengths of CA's Global Professional Services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. group's eBusiness infrastructure experience and I- Storm's e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. expertise to finance, build and operate world-class e- commerce storefronts with the critical backend systems required by today's major corporations and retailers. Under the alliance, CA and I-Storm say they will use their combined expertise to create powerful eBusiness solutions for brick-and-mortar companies that want to make the transition quickly to "click and mortar" and that are willing to share equity. Under terms of the agreement, CA will acquire an equity interest in I- Storm, provide enterprise software as well as software development and systems integration services, and assemble a joint business development team focused on deploying robust, eBusiness solutions in the business-to- consumer and business-to-business spaces. CA will also acquire a seat on I-Storm's five-member board of directors. "This alliance creates a major new force in the e-commerce world," says I- Storm 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. Cal Lai. "By combining I-Storm's expertise in e- commerce storefront development and operations with CA's unmatched prowess PROWESS Infectious disease A clinical trial–Recombinant Human Activated Protein C [Zovant™] Worldwide Evaluation in Severe Sepsis in eBusiness infrastructure services, we are now in a unique position to offer powerful click-and-mortar solutions for Fortune 1000 companies struggling with their online programs. It's truly a 'win-win-win' arrangement for our eBusiness partners." I-Storm's business model focuses on the co-development of new online channels for established brands using e-commerce knowledge and operational expertise to create robust eBusinesses. The combination of I-Storm's capabilities with CA Global Professional Services' experience implementing enterprise management technology offers the online marketplace a unique value, the two firms say. "Our organizations truly have complementary strengths," says Chris Wagner, executive vice president and general manager of CA Global Professional Services. "I-Storm has a deep understanding of eBusiness strategy, particularly as it relates to the online retail experience. Their e- merchandising merchandising Element of marketing concerned especially with the sale of goods and services to customers. One aspect of merchandising is advertising, which aims to capture the interest of the segment of the population most likely to buy the product. expertise is outstanding. One of the key strengths of CA Global Professional Services is the ability to provide the end-to-end IT infrastructure powered by Unicenter TNG TNG Training TNG The Next Generation TNG Tongue TNG The Newspaper Guild (Union) TNG Transitional National Government TNG Telescopio Nazionale Galileo (national facility of the Italian astronomical community) to enable eBusiness. Unquestionably un·ques·tion·a·ble adj. Beyond question or doubt. See Synonyms at authentic. un·ques tion·a·bil , bringing together the strengths of both organizations creates a compelling value proposition for eBusiness clients." The alliance also addresses the growing market revelation that deploying reliable systems and application management platforms is only a part of today's eBusiness requirements. I-Storm will be able to exploit CA's innovative Neugents and visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all technology, enabling online retailers to quickly spot usage and buying patterns. The application of such advanced technology also enables clients to instrument and monitor Web applications, providing insight into all facets of their eBusiness. |
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