Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CTG Announces Expanded E-Business Strategy and Formation of Zenius.


Business Editors/High Tech Writers

NOTE TO MEDIA: Photos of new CTG CTG Cartridge
CTG Center for Technology in Government (SUNY, Albany, New York)
CTG Center for Technology in Government
CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) 
 business identity graphics are

available in a Smart News Release(TM) on

Business Wire's Home Page at www.businesswire.com

BUFFALO Buffalo, city, United States
Buffalo, city (1990 pop. 328,123), seat of Erie co., W N.Y., on Lake Erie and the Niagara and Buffalo rivers; inc. 1832. With more than 37 mi (60 km) of waterfront, it is a major commercial and industrial port and railroad hub.
, N.Y.--(BUSINESS WIRE)--Feb. 8, 2000

Zenius to Deliver Integrated, End-to-End E-Business Solutions;

Targets Emerging `Clicks and Mortar' Market

CTG (NYSE NYSE

See: New York Stock Exchange
: TSK tsk
interj.
Used to express disappointment or sympathy.

n.
A sucking noise made by suddenly releasing the tongue from the hard palate, used to express disappointment or sympathy.
), an international information technology (IT) solutions company, announced today its expanded e-business strategy with the formation of Zenius(TM), a business unit that will provide end-to-end e-business solutions to Global 2000 companies seeking to integrate their enterprise systems with the Internet.

Zenius represents a new approach to e-business and leverages CTG's expertise in Supply Chain Management, Enterprise Resource Planning See ERP.

(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses.
, and Customer Relationship Management to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the growing business demand for integrated e-commerce solutions.

With the announcement of Zenius, CTG aligned its sales and delivery channels to reflect three major businesses: Zenius for e-business solutions, Exemplar ex·em·plar  
n.
1. One that is worthy of imitation; a model. See Synonyms at ideal.

2. One that is typical or representative; an example.

3. An ideal that serves as a pattern; an archetype.

4.
(TM) for application and IT management solutions, and ITCapital(TM) for IT talent management solutions.

Gale S. Fitzgerald, CTG Chairman and Chief Executive Officer, commented, &uot;CTG's ability to address the enterprise integration needs behind the Web site truly sets Zenius apart in the marketplace. Our vast experience interfacing with legacy and enterprise systems gives Zenius a significant advantage in supporting the e-commerce initiatives of large, established enterprises -- the `clicks and mortar' market -- seeking to develop e-business as an important and integrated channel. Zenius also provides an expert-driven business approach which protects the investments companies have made in enterprise-wide applications while allowing these clients to take full advantage of the power of the Internet.&uot;

Applying business and industry knowledge, along with Web technology and a high-performance approach, Zenius uniquely empowers clients to compete in the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price.  by:

-- Integrating the power of the Internet with their business

strategy

-- Appropriately adapting their business model

-- Extracting critical information from their current IT systems

-- Building the integrated e-business solution that works for them

-- Managing and maintaining these systems for the client

Zenius enables clients to enhance the value in their relationships with customers, suppliers, partners, and employees by creating a unique, Web-based communication system called the Zenius Web(TM).

The Zenius approach draws on CTG's network of alliances and partnerships to deliver the best combination of products, tools, and expertise to support customized e-business solutions. Zenius will utilize all of its internal resources and external alliances to develop its e-business solutions at CTG's current Solution Centers in Cleveland, Anchorage Anchorage (ăng`kərĭj), city (1990 pop. 226,338), Anchorage census div., S central Alaska, a port at the head of Cook Inlet; inc. 1920. , and Pittsburgh. Zenius will open its first High-Performance Institute in Atlanta within the next few months and one on the West Coast and one in Europe by year-end 2000.

Zenius is going to market with business-to-business, business-to-consumer, and business-to-employee solutions to capitalize on the growth of the current $11.8 billion Internet and e-commerce development market, which is expected to increase to $43.6 billion in 2002 (Source: International Data Corporation).

Ms. Fitzgerald added, &uot;With over 80 percent of all enterprises yet to establish an enterprise-wide e-business strategy (Source: GartnerGroup), the launch of Zenius is timely and will leverage CTG's substantial business and IT expertise, resources, and strong client relationships in this high-growth market. CTG plans to invest in excess of $10 million in Zenius and also anticipates using a portion of its $100 million revolving credit Revolving Credit

A line of credit where the customer pays a commitment fee and is then allowed to use the funds when they are needed. It is usually used for operating purposes, fluctuating each month depending on the customers current cash flow needs.
 facility to make investments in new, emerging Internet technologies.&uot;

In discussing CTG's other businesses, Ms. Fitzgerald noted that Exemplar targets Global 2000 enterprises and brings together CTG's extensive portfolio of IT and business consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
, including software application services See ASP and Web services. , outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , project management, and IT assessments.

ITCapital offers IT talent management, assessment, recruiting, and deployment to support the IT staffing needs of large companies, primarily Global 1000 enterprises. CTG HealthCare Solutions(TM) continues as a major industry focus for CTG, bringing CTG's Zenius, Exemplar, and ITCapital services and solutions to the health care provider and payor. These businesses will be promoted by a significantly expanded marketing effort at the company.

Ms. Fitzgerald concluded, &uot;CTG will provide IT business solutions for a broad and growing client base. We will leverage CTG's strong business and value chain knowledge in a growing number of industries, including 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.
, retail, manufacturing and distribution, telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , and health care. Zenius, Exemplar, and ITCapital services, together with CTG HealthCare Solutions, provide a strong and balanced platform for accelerating CTG's long-term growth and enhancing shareholder value.&uot;

Backed by more than 30 years' experience, CTG provides business consulting, e-business, and IT management solutions to help Global 2000 clients focus on their core business and use IT as a competitive advantage to excel in their markets. CTG combines a deep understanding of the business power of the Internet with integrated, end-to-end services, proprietary service methodologies, and CTG's proven track record of delivering solutions that work. With more than 5,000 IT and business consulting professionals worldwide, CTG generated revenues of $472 million in 1999. More information about CTG is available on the Web at http://www.ctg.com.

Today's news release, along with CTG news releases for the past year, is available by fax at no charge by calling Corporate News on the Net at (800) 742-7505 or on the World Wide Web at: http://www.ctg.com.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 8, 2000
Words:867
Previous Article:Business Objects and DataInsight Deliver e-Business Intelligence for Online Marketing.
Next Article:More Powerful IPO Express Service Introduced by EDGAR Online; Expanded Tools for Financial Professionals and Investors.
Topics:



Related Articles
CTG Names Henri Bersoux to Lead Zenius-TM-, CTG's New E-Business.
CTG Web Site Recognized by Macromedia; Newly Redesigned Web Site Named a Macromedia Site of the Day.
CTG Announces Revised Estimates and Restructuring Charge.
CTG HealthCare Solutions to Introduce Four New Services At 2000 HIMSS Conference.
CTG'S Zenius Business Enhances Web-Based e.Reporting Capabilities Through Strategic Partnership With Actuate.
CTG HealthCare Solutions Introduces Online HIPAA Readiness Test at HIMSS 2000 Conference.
CTG Zenius Introduces E-Business Readiness Test Real-Time, Strategically Focused Online Tool Available at www.ctg.com.
CTG Goes Live in Rapid Time With Evolve; Proven ePlatform Solution for Professional Services Scales to Support Information Technology Leader.
CTG Announces Revised Estimates.
NEW CTG DIRECTOR AIMS FOR THE WORLD.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles