Planview Acquires Business Engine.Planview Acquisition Strengthens the Company's Position as the Largest Independent Provider of IT Portfolio Management Solutions and Opens New Opportunities in the Federal Government and Product Development Markets AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas -- Planview, the leading provider of comprehensive portfolio management solutions, today announced that it has acquired substantially all of the assets of San Francisco-based, Business Engine. Business Engine's 20-year history and focus in IT portfolio management further strengthens Planview as the clear independent market leader in the IT portfolio management market. In addition, Business Engine's market leading position in 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. expands the company's presence within the growing performance management market for federal government agencies and government contractors A government contractor is a private company that produces goods or services under contract for the government. Often the terms of the contract specify cost plus – i.e., the contractor gets paid for its costs, plus a specified profit margin. . Financial terms of the acquisition were not disclosed. "Portfolio management has become a proven discipline within the world's leading organizations. This transaction creates a strong, customer-focused, and independent solutions provider solely committed to using portfolio management methods to manage organizational performance Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives). Specialists in many fields are concerned with organizational performance including strategic planners, operations, ," said Pat Durbin, founder 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 Planview. "This partnership is a natural integration of two companies that share many common characteristics - a focus on creating value for our customers, a remarkably aligned product vision, strength in 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. , and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , a cultural fit that offers our customers seamless, world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. service." Planview has pioneered and advanced the portfolio management discipline. With the addition of the Business Engine Network product family, Planview strengthens its market leadership in IT Portfolio Management and deepens its capabilities in the Earned Value Management and Product Portfolio Management markets. Durbin adds, "In recent years, Earned Value Management has seen an increased level of interest, both with federal contractors and within federal agencies. The addition of Business Engine's market leading earned value product line enables Planview to better serve these customers by adding an earned value offering to our current market leading portfolio management solution. In addition, the strategic partnership that Business Engine brings with the UGS UGS In currencies, this is the abbreviation for the Uganda Shilling. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Corporation's Teamcenter[R] product suites makes us a leading supplier of product portfolio solutions." Planview will continue to support the Business Engine Network[TM] (BEN[TM]), Micro-Frame Program Manager(TM) (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) ), Alignment Engine, and other Business Engine products. Business Engine customers will benefit from the Planview customer-driven product development approach, award-winning customer service, and a deep-rooted commitment to innovation in the portfolio management discipline. Additionally, the new organization will be better suited to scale to meet the needs of large, global enterprise customers seeking better performance management solutions. "The market for Performance Management in business and IT and across public and private sectors continues to increase at a rapid pace," said Mark Smith, CEO & EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition Research - Ventana Research, "The acquisition of Business Engine provides further depth and breath to Planview in financial modeling, analytics and earned value." "Both Business Engine and Planview share a passion for helping customers achieve breakthrough business performance," said Mark Strauch, CEO of Business Engine. "This combination is a big win for Business Engine customers, by providing the scale, the innovation, the customer commitment, and ultimately the integration of Business Engine technology into the industry's leading IT portfolio management platform." About Planview Since 1989, Planview has been a market leader and trusted partner in software solutions for high performance IT management, enabling organizations to integrate the decision-making decision-making, n the process of coming to a conclusion or making a judgment. decision-making, evidence-based, n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from process to improve alignment of IT resources with business strategies. Our industry-leading product line, Planview Enterprise, brings the most comprehensive IT management solution to the market, combining adaptive IT management best practices and implementation methodology with best of breed resource management, demand management and financial management processes. Planview serves an active and growing global customer community of over 450 organizations in financial, insurance, healthcare, government and other industries. The company is privately held and has been profitable for over a decade. For more information visit www.planview.com. Planview Enterprise is a trademark of Planview, Inc. All other product and company names may or may not be trademarks or registered trademarks of their respective owners. |
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