Printer Friendly
The Free Library
14,506,428 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Watson Wyatt LLP to Standardize on iRise Application Simulation; European-Based Consulting Firm Taps iRise to Lower Costs and Improve Delivery.


EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif. -- iRise(R), the world's leading application definition software and services company, today announced that Watson Wyatt LLP LLP - Lower Layer Protocol , a European-based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 focusing on human capital and financial management, has selected the iRise application simulation platform to visually validate requirements and "test market" applications prior to investing time and money in development. By making iRise its new standard for application definition, Watson Wyatt LLP aims to cut rework costs, more accurately estimate project costs, ensure high quality delivery and visually explore new business opportunities.

With more than 2,000 associates, Watson Wyatt LLP is a consulting firm focused on improving business performance through human capital and financial management. Watson Wyatt LLP adopted iRise to visually validate increasingly complex business applications -- both internal and customer facing. By rapidly gathering, analyzing and simulating application requirements prior to development, Watson Wyatt LLP plans to effectively eliminate "scope creep The continual enhancement of the requirements of a project as the system is being constructed. Scope creep occurs frequently in information systems development and is often responsible for going way over budget when the changes occur in the coding and testing stages rather than in the " and the associated late cycle rework costs, as well as ensure business requirements are met. Once the iRise simulations are approved by the business stakeholders, Watson Wyatt LLP will be able to use the simulations to more accurately estimate project costs in order to better evaluate outsourcing options. Additionally, Watson Wyatt LLP will apply application simulation to ideation ideation /ide·a·tion/ (i?de-a´shun) the formation of ideas or images.idea´tional

i·de·a·tion
n.
The formation of ideas or mental images.
 enabling business and IT to collaboratively explore new business opportunities and sell them up the chain to management.

"Text-based requirements gathering and validation is no longer viable for complex business systems," said Melvin Brandman, chief technology officer at Watson Wyatt, LLP. "By using iRise simulations, we can dramatically improve the process of defining software applications. Visual simulations are more engaging for the stakeholders and far superior to static, text based Also called "character based," it refers to handling text and not graphics. Simple charts and illustrations may be drawn, but they are limited to a set of special characters that are strung together to make up lines and shades (see OEM font).  descriptions in communicating business needs. The result should be less rework and reduced project risk."

Today's competitive and dynamic business climate calls for software applications that are highly customized and flexible, as well as extremely user-friendly and intuitive. However, software applications have grown so complex, and business requirements have become so interdependent, that this balancing act can no longer be accomplished by relying on current manual, text-based methods. By using iRise simulations for the ideation and definition of business applications, Watson Wyatt LLP can engage their business stakeholders early in the process to visually identify missing system requirements To be used efficiently, all computer software needs certain hardware components or other software resources to be present on a computer system. These pre-requisites are known as (computer) system requirements and are often used as a guideline as opposed to an absolute rule. , eliminate unnecessary functionality and discuss important process and policy issues.

"Watson Wyatt LLP's selection of iRise is another validation that visual simulation is fundamentally changing the way businesses build software," said Mitch Bishop, chief marketing officer at iRise. "As customized business applications continue to become more complex, organizations are turning to application simulation as way to mitigate risk, cut costs and deliver on time, with all the features demanded by the business."

About Watson Wyatt LLP

Watson Wyatt LLP is a privately-held limited liability partnership based in Reigate, UK. The firm has a global alliance with US-based Watson Wyatt & Company, a publicly traded company publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 (NYSE NYSE

See: New York Stock Exchange
:WW). Together they operate as Watson Wyatt Worldwide, one of the world's leading human capital consulting firms, providing services in the areas of employee benefits, investment consulting, human capital consulting and related technology solutions, and insurance and 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.
 consulting. They have more than 6,000 associates in 88 offices in 30 countries.

About iRise

iRise(R) is dedicated to bridging the communication gap between business and IT by improving the process of defining business applications. Focused on Fortune 1000 companies, its innovative iRise Application Simulator enterprise software product recently received eWEEK magazine's Analyst's Choice award. It allows an organization to "test market" applications with customers, partners and employees before making funding decisions and validate business requirements with stakeholders during the definition process. The result is investments in business applications that actually meet the needs of the business. With the same focus, its services group has successfully translated the needs of business users to deliver mission-critical business applications for more than 100 customers on 300 engagements. The company is based in El Segundo, Calif., with regional offices in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , and sales offices covering the continental US.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, 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 28, 2005
Words:668
Previous Article:Journal Register Company to Present at Bear Stearns 18th Annual Media Conference.
Next Article:SpaceDev, Inc. Recognized for National Engineers Week San Diego 2005.



Related Articles
Sentara Selects iRise for Visual Application Definition.
iRise Lowers Risk, Improves Quality for Alliance Partners; Unique Alliance Advantage Program Delivers Direct Benefit and Loyalty Incentives for...
iRise Appoints David Walker as Senior Product Evangelist; Industry Veteran Joins iRise to Drive Global Adoption of Application Simulation.
Merritt Lutz Joins iRise Board of Advisors; Technology Executive to Share Global Operation and Expansion Experience with Leading Application...
iRise Delivers World's First Interactive Document Model for Application Simulation; Fifth Generation Application Definition Platform Speeds Time to...
Deloitte Consulting LLP and iRise Create Alliance to Help Organizations Reduce Cost and Increase Effectiveness of Software Development.
iRise Names John Gardiner as Chief Financial Officer.
BearingPoint Uses iRise to Simulate Business Solutions; Global Systems Integrator Improves Sales & Delivery Processes Using iRise.
iRise Named One of Los Angeles' Fastest-Growing Technology Companies in Deloitte's Technology Fast 50 Program.
Hundreds Gather at iRise User Conference to Share Business Application Simulation Success Stories.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles