iRise Wins 2006 Morgan Stanley Innovation Award; Simulation Software for Business Applications Recognized for Technical Innovation & Excellence.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), a leading application definition software company, today announced that it has won a 2006 Innovation Award at Morgan Stanley's sixth annual CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. Summit. iRise's software enables high performance businesses to deliver innovative software applications on time, on budget and with all the features needed for heavy adoption. "Each year, we search for partners that can change the way we deliver technology for our business, and this year one of those companies is iRise," said Guy Chiarello, Morgan Stanley's chief information officer. "iRise helps address the issues in defining critical business systems -- so they're designed right the first time." The CTO Summit is designed to identify influential technology companies, as well as to recognize technologies that have added measurable value and efficiency to the overall marketplace, and have enabled Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. to continue to leverage innovative technology in
its own environment.
"Recognition from Morgan Stanley further inspires us to keep focusing on providing an easy-to-use, highly interactive solution," said Emmet B. Keeffe III, chief executive officer and co-founder of iRise. "We passionately believe that if visual simulation can help transform sizable industries such as aerospace, automotive, and architecture engineering and construction (AEC AEC US Atomic Energy Commission Noun 1. AEC - a former executive agency (from 1946 to 1974) that was responsible for research into atomic energy and its peacetime uses in the United States Atomic Energy Commission ), it can also have a significant impact on business applications." The Innovation Awards are presented at Morgan Stanley's CTO Summit, the event through which the winning companies are identified and selected. The rigorous selection process begins with recommendations from top-tier venture capitalists, and culminates with the evaluation and acceptance of the company's offerings by Morgan Stanley IT. About iRise iRise(R) (www.irise.com) is dedicated to bridging the communication gap between business and IT by improving the process of defining software. Leading corporations like Agilent, Fireman's Fund, Sprint, Wachovia, Sun Trust Bank, Royal Caribbean Cruise Lines
Name Headquarters A'rosa Europe NCL America America AIDA Cruises Europe American Cruise Lines America and Motorola use its market leading application definition platform to get requirements right -- the first time. iRise application simulations cut rework re·work tr.v. re·worked, re·work·ing, re·works 1. To work over again; revise. 2. To subject to a repeated or new process. n. costs, accelerate time to market and reduce the risks associated with global development on mission-critical business systems initiatives. Unlike text-based requirements, visual iRise simulations are unambiguous and enforceable specifications that ensure the needs of the business are clearly understood and met. iRise simulations can be built by business experts and used in a collaborative global model to quickly iterate it·er·ate tr.v. it·er·at·ed, it·er·at·ing, it·er·ates To say or perform again; repeat. See Synonyms at repeat. [Latin iter on stakeholder stakeholder n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. requirements with business people, dramatically improving project success. Headquartered in El Segundo, Calif., iRise is backed by Morgan Stanley Venture Partners and has sales offices across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . iRise is a registered trademark of iRise. All other companies and products mentioned are trademarks and property of their respective owners. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion