2006 ARCHIVAL NEWS CONTENT

MOUNTAIN VIEW, Calif. – Dec. 20 (SEND2PRESS NEWSWIRE) — ITM Software, provider of the only integrated business management solution designed specifically for the CIO and IT organization, today announced the general availability of the ITM Business Suite 3.0. Initially released in October, version 3.0 is now widely available and being deployed across the ITM customer base.

With this latest release, ITM Software extends its leadership in IT business management, delivering a host of new capabilities in each of the five ITM Business Suite modules. Collectively, these enhancements are designed to streamline strategic planning, improve management efficiency, and increase visibility into resource loading and business initiatives.

    Financial Resource Management: Faster and easier IT budgeting and planning across all aspects of IT spend plus improved IT financial analytics.

    Human Capital Management: Deeper resource planning capabilities across the full spectrum of IT activities, including IT services, application support, projects, and sustaining operations.

    Project Portfolio Management: New portfolio analytics, plus more flexible and dynamic portfolios for grouping, evaluating, and tracking investment initiatives.

    Vendor Relationship Management: Improved contract management.

    Governance & Compliance Management: Improved support for large-scale compliance initiatives by enabling broader distribution of compliance responsibilities across the organization.

“As the need to demonstrate IT’s value to the enterprise continues to grow, IT leadership is under increasing pressure to better align IT decisions with business objectives,” said Hank Leingang, ITM Software’s CEO. “We are pleased to be extending the capabilities of the ITM solution and furthering our ability to provide the insight IT requires to make fact-based decisions, lower costs, and better align IT with the business.”

Several clients, including National Semiconductor and Hyperion, have been briefed on the new release and have already developed plans to take advantage of the added capabilities.

To learn more about the ITM Business Suite 3.0, go to www.itm-software.com.

About ITM Software
ITM Software provides CIOs and IT organizations with software products and services that advance the business management of Information Technology. The ITM Business Suite delivers the visibility and control required to make fact-based decisions regarding IT finance, vendors, people, assets, projects, and compliance. Comprised of former CIOs and IT leaders, the ITM team provides best practice expertise in IT Business Management, enabling clients to drive down costs, better align IT with business objectives, and deliver more business value.

Founded in 2001, the company serves IT organizations within Fortune 2000 corporations, government agencies, and universities. ITM Software is privately held and is headquartered in Mountain View, California. For more information, please visit us at www.itm-software.com.

News issued by: ITM Software

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Original Story ID: (2352) :: 2006-12-1220-004

Original Keywords: ITM Software, ITM Business Suite 3.0, Human Capital Management, Financial Resource Management, Project Portfolio Management, Vendor Relationship Management, software for CIOs and information technology, Hank Leingang ITM Software

News Source: ITM Software