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Changepoint Named Finalist for 2004 Network Computing Well-Connected Award.


Business Editors

TORONTO--(BUSINESS WIRE)--April 21, 2004

Changepoint's IT Portfolio Management Selected Based on the Software's

Depth of Automation for Managing the Business Of IT

Changepoint Corporation, a leading provider of business process automation software for global services organizations and corporate IT departments, today announced that Changepoint has been named a finalist by CMP CMP (cytidine monophosphate): see cytosine.


(1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information
 Media LLC's Network Computing Storing and/or running applications in servers in a network. See cloud computing and network computer.  for a 2004 Well-Connected Award in the category of IT Portfolio Management Solutions. The product was chosen for its unique collaboration features, which include a customer's clients throughout the portfolio planning and ongoing management processes, approach and consideration of intangible benefits in evaluating the value of IT investments, high level of automation around portfolio management and method for encouraging process compliance and software adoption.

"Successful IT portfolio management requires real-time access to accurate, business-critical data, and Changepoint provides the greatest breadth and depth for the automation of core business processes surrounding sur·round  
tr.v. sur·round·ed, sur·round·ing, sur·rounds
1. To extend on all sides of simultaneously; encircle.

2. To enclose or confine on all sides so as to bar escape or outside communication.

n.
 clients, resources, projects, budgets, processes, system maintenance and request driven work," said Gerry Smith, 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.  of Changepoint. "By recognizing Changepoint Version 8.01, Network Computing acknowledges the efforts we have made to respond to the growing need for IT governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems.  solutions. It is truly an honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft.  to be singled out as a finalist for this award by Network Computing and its panel of technology editors, as we know that our customers appreciate the value of their opinion and their high standards of excellence."

Changepoint provides holistic Holistic
A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment.

Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine
 IT management that enables organizations to govern IT to maximize the business value of the entire IT portfolio. Organizations are able to not only select and prioritize pri·or·i·tize  
v. pri·or·i·tized, pri·or·i·tiz·ing, pri·or·i·tiz·es Usage Problem

v.tr.
To arrange or deal with in order of importance.

v.intr.
 the investments in projects and systems that best support business priorities, but also ensure that the IT portfolio remains aligned as business conditions and market requirements change. Changepoint feeds its portfolio management planning and health monitoring functionality with data gathered through the automation of the core business processes of IT surrounding resources, financials, projects, processes, system maintenance and request driven work. Through this automation, IT departments improve operational efficiency and achieve unprecedented visibility into the distribution of effort and cost, enabling proactive performance and portfolio management.

On March 31, 2004 Changepoint shipped its latest release, version 9.0, which further extends Changepoint's Portfolio Management functionality through the inclusion of systems in IT portfolio planning and analysis processes, enhancements to risk assessment, automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 scoring models and resource demand analysts in portfolio planning and a new reporting tool enabling real-time business activity monitoring See BAM.  and a single integrated view of performance leveraging information from both the Changepoint system and other business critical applications.

"Network Computing has acknowledged the best and brightest in the networking and IT worlds for 10 years through its annual Well-Connected Awards," says Mike Lee, editor of Network Computing magazine. "The awards are determined as a result of product testing in the Real-World Labs of Network Computing, located throughout 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. . More than 130 finalists in more than 40 categories have been named. The winners will be announced in the coming weeks."

About Network Computing

For IT, By IT, Network Computing (http://www.networkcomputing.com), published by CMP Media LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, Manhasset, N.Y., is dedicated to providing critical analysis of technologies, vendors and products to 220,000 IT Managers and Staff who are accountable for strategic technology purchase decisions. In 2003, Network Computing won a total of four awards from the American Society of Business Publications Editors (ASBPE ASBPE American Society of Business Publication Editors (professional membership society established in 1964 for business press editors)
ASBPE American Society of Business Press Editors
), including a national award in the Best Technical Article category.

About Changepoint

Changepoint Corporation provides global services organizations and corporate IT departments with business process automation software to improve efficiency and provide total visibility into operations, enabling the proactive management of operational and employee performance. Leading services organizations choose Changepoint for its unmatched breadth, depth and integration.

Headquartered in Canada, Changepoint has offices in the United States, United Kingdom and France. For additional information, visit our web site at www.changepoint.com

NOTE TO MEDIA AND ANALYSTS: All Changepoint news releases are available on the Internet, via the Changepoint Corporation Web site at http://www.changepoint.com. Additional information on Changepoint can be accessed on-line, and by sending email to sales@changepoint.com or calling 1-905-886-7000.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1CANA
Date:Apr 21, 2004
Words:690
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