IBM and Peregrine Systems Forge Infrastructure Alliance.Business Editors SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. & ARMONK, N.Y.--(BUSINESS WIRE)--Aug. 1, 2001 IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Bolsters Infrastructure Resource Management Practice; Provides Infrastructure Hosting for Peregrine's Get2Connect(SM) Trading Community Peregrine Systems 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 : PRGN) and IBM (NYSE NYSE See: New York Stock Exchange : IBM) today announced a strategic alliance in which the two companies will help customers accelerate the transformation of their enterprise workplace assets into reliable, scalable and flexible business environments. Under the milestone initiative, IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. will provide Peregrine's Infrastructure Management software and systems integration services as a combined offering in its newly launched Infrastructure Resource Management (IRM (1) (Information Resource Management) See Information Systems and information management. (2) (Inherited Rights Mask) In NetWare 3.x and 4. ) practice. IBM Global Services will certify cer·ti·fy v. cer·ti·fied, cer·ti·fy·ing, cer·ti·fies v.tr. 1. a. To confirm formally as true, accurate, or genuine. b. several hundred consultants to support the implementation of Peregrine Infrastructure Management applications, as well as deliver lifecycle management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects services for an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. . In a second major component of this initiative, IBM will provide the network infrastructure for enhancing the growth of Peregrine's Get2Connect global trading community, which processes nearly 1.2 million e-Commerce transactions daily at a value of $280 billion annually. IBM will also host Peregrine software applications offered as an Application Service Provider (ASP) model for customers seeking a hosted, subscription-based offering. "The synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. alliance between IBM and Peregrine not only will enable both organizations to focus on their core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
"Our expanding relationship with IBM will help our customers reduce the frictional cost Frictional cost The difference between an index fund return and the index it represents. The typically lower rate of return from the fund results from transactions costs. of doing business," said Steve Gardner, chairman 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 Peregrine. "We are delighted that IBM will be teaming with us to offer Infrastructure Management solutions. The combined offering will help customers achieve much higher productivity and return on invested capital by better managing their global infrastructures. Additionally, the agreement to use IBM's network infrastructure will allow Peregrine to offer our 44,000 Get2Connect customer connections an enhanced and scalable operational environment globally, while continuing to manage our e-Business applications for customers." Bob Zapfel, general manager, Strategic 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. & Integrated Technology Services, IBM Global Services, said, "By teaming with Peregrine, and leveraging our collective strengths, we bring to market solutions that manage the end-to-end lifecycle of the infrastructure assets. In doing so, we will help them decrease costs and increase availability. We understand that agile businesses need a technical base that supports processes as a whole, not in segments. We know that the right infrastructure solution today takes tomorrow into account." The two-pronged initiative will produce key benefits for customers: -- IBM's Infrastructure Resource Management Practice: IBM will offer complete end-to-end global infrastructure solutions, leveraging Peregrine's Infrastructure Management software, to lower asset management costs for customers and improve the availability of core infrastructure assets. Peregrine applications provide industry-leading infrastructure tools and IBM Global Services provides expert resources in best practices lifecycle management, delivering rapid return on investment in the management of infrastructure assets, from acquisition to disposition. In addition, IBM will offer Peregrine software with a range of complementary services to assist Peregrine customers in achieving an available, capable and affordable infrastructure to support their core business. These services are multi-platform and are offered on a worldwide basis with a variety of flexible payment options. -- IBM Infrastructure Hosting: -- The multi-year hosting agreement calls for IBM to host Peregrine's Get2Connect global trading network. While IBM will be responsible for systems management, Peregrine will continue to offer and manage its e-Business applications and services for customers. IBM Global Services offers access to more than 200 IBM data centers, as well as scalable architectures on UNIX and NT. -- Under the hosting agreement, IBM will also provide its highly reliable network infrastructure for Peregrine's Hosted Services program for Infrastructure Management, Employee Relationship Management and B2B Relationship Management solutions. In addition, to address customer needs, Peregrine will continue to work with local partners in various regions around the world, to market its software solutions, including systems integration services, to customers seeking solutions in ASP mode. This IBM initiative complements an existing relationship between Peregrine and IBM Software Group in which Peregrine's B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business technology is built into WebSphere Partner Agreement Manager. About IBM IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. . IBM offers a wide range of services, solutions and technologies that enable companies to take full advantage of the new era of e-business. IBM Global Services is the world's largest information technology services provider, with nearly 150,000 professionals serving customers in 160 countries and an annual revenue of more than $33 billion (2000). IBM Global Services integrates IBM's broad range of capabilities - services, hardware, software and research - to help companies of all sizes realize the full value of information technology. For more information, visit www.ibm.com/services About Peregrine Founded in 1981, Peregrine Systems, Inc. (NASDAQ: PRGN) is one of the world's leading software companies. By providing solutions that enable companies to manage infrastructure, as well as extend next generation e-Business capabilities inside the enterprise and across the firewall, Peregrine helps companies achieve a state of frictionless business and gain competitive advantage. Peregrine's solutions reduce costs, improve profitability, and release capital, generating a lasting and measurable impact on the productivity of assets and people. Peregrine delivers Infrastructure Management solutions that manage the entire lifecycle of an organization's assets, from IT equipment and fleets of vehicles to telecom and facility assets. Peregrine's Employee Relationship Management (ERM (Enterprise Relationship Management) An umbrella term with many shades of meaning over the years. It may refer to the management of information from any or all of an organization's customers, suppliers, business partners and employees. ) solutions facilitate proactive management and empower employees with anytime/anywhere access to these enterprise resources, services and knowledge, and improve productivity, asset utilization, and real-time business intelligence. Peregrine's B2B Relationship Management solutions help companies establish a digital dialog for conducting e-Business by automating and integrating the flow of information and business processes among buyers, suppliers and e-Marketplaces. Peregrine currently has approximately 3,000 employees located in 80 global offices, and its customers include 92 percent of the Fortune 500 companies. For more information, visit www.peregrine.com. Peregrine Systems is a registered trademark and Get2Connect is a service mark of Peregrine Systems, Inc. All other trademarks are the property of their respective owners. |
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