Fujitsu Consulting Expands Its Industry-Leading Portfolio Management Practice By Incorporating ProSight Portfolios Software
EDISON, N.J.- May 14, 2002 - Fujitsu Consulting, a leading provider of management and technology consulting, and ProSight Inc., the experts in portfolio management software, today announced an agreement to deliver a combined consulting and software solution that will provide customers with a strategic way to select and monitor their investments in information technology. By automating Fujitsu Consulting's portfolio management methods and approaches using ProSight's flexible software, customers will be able to increase their business value, and enhance their ability to respond to changing business needs.
The portfolio management approach offers companies new and effective means to select their IT-related and business investments on the basis of strategic value. It allows organizations to actively manage their portfolios for business value, making timely adjustments to reflect changes in their business environment and strategic priorities, and to monitor those investments throughout their lifecycle.
"We are pleased that Fujitsu Consulting recognizes the value of our software. This recognition is another strong indicator that the benefits of ProSight's portfolio management software extend beyond the realm of projects," said John Cimral, CEO of ProSight.
"Portfolio management-whether consultative, software-based, or a combination of the two-is changing the way companies look at their business goals and strategies and helping them reach those goals using a more streamlined approach."
ProSight Portfolios will enable Fujitsu Consulting customers to make better decisions and see the impact of those choices using the reporting and analytical features of the software. Better information equals better decisions -- improving communications throughout the enterprise and ensuring that customers engage in initiatives that promise to return the most value to the enterprise.
Tools that support strategic value, while balancing factors such as value-at-risk, time horizon of benefits and strategic coverage help drive value creation. ProSight allows Fujitsu Consulting to more easily offer the full range of possibilities for its Value Management offering. Value Management is a suite of services from Fujitsu Consulting that helps its customers maximize value creation in their enterprise.
"Realizing real business value from investments in information technology continues to represent both a challenge and opportunity for all enterprises," said John Thorp, Fujitsu Consulting consultant and author of The Information Paradox: Realizing the Business Benefits of Information Technology (McGraw-Hill, 1999). "Many organizations are adopting a portfolio management approach to address this business challenge, and while the principles are relatively simple, the amount of information and the speed at which most companies have to move can make it a very complex process. Tools such as ProSight Portfolios can help organizations manage this complexity. At Fujitsu Consulting, we excel at helping our clients obtain tangible results from their investments in information technology. ProSight has a great software tool that our consultants will be able to leverage to benefit our clients "
ProSight, the experts in portfolio management software, combines software with services and knowledge resources to equip companies with effective oversight of investments, resources and performance, enhancing business results and strategic collaboration-enterprisewide. ProSight is headquartered in Portland, Ore.
For more information, please visit www.prosight.com. For more information on portfolio management, visit www.portfoliomgt.org.
About Fujitsu Consulting
Fujitsu Consulting is a leading provider of management and technology consulting services with more than 9,000 employees in 70 offices worldwide. Fujitsu Consulting delivers a wide array of solutions to the communications, financial services and government sectors, including application outsourcing, enterprise application integration, business intelligence, IT & business consulting, and e-business. The consulting arm of the $38 billion Fujitsu Ltd. corporation, Fujitsu Consulting helps clients improve business performance with results-focused solutions delivered with a collaborative approach. For more information, visit Fujitsu Consulting on the web at www.consulting.fujitsu.com.
ProSight is a trademark of ProSight Inc.
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For more information, please contact:
Rick Turoczy, ProSight Inc., (503) 780.8682, firstname.lastname@example.org
Krista Foxwell, Weber Shandwick for ProSight, (503) 552.3729, email@example.com
Virginia Flood, Fujitsu Consulting, (732) 549-4100, ext. 8766, firstname.lastname@example.org
Naheed Ahmed, ITPR for Fujitsu Consulting, (416) 642-6121, email@example.com