ProSight Portfolios Fast Track for Federal Enterprise Architecture
WASHINGTON, DC - April 13, 2004 - ProSight® Inc., the leading provider of portfolio management solutions to the federal government, today announced the release of ProSight® Portfolios Fast Track for Federal Enterprise Architecture, the first commercial, off-the-shelf (COTS) portfolio management solution created specifically to incorporate OMB guidelines for enterprise architecture into the budgeting and investment analysis processes.
Designed to integrate with ProSight's existing software solutions for the government, Fast Track for Federal Enterprise Architecture (Fast Track FEA) helps accelerate enterprise architecture compliance by facilitating the capture of data and classification of information technology (IT) investments based on each of the reference models in the OMB's published enterprise architecture. Leveraging this data, agencies can use the visualizations and interactive tools within ProSight Portfolios, such as pre-configured scorecards and investor maps, to assist in identifying opportunities for investment consolidation, determining off-architecture investments, and evaluating proposed investments against the existing portfolio.
According to Scott Bittler, VP of Enterprise Planning & Architecture Strategies at META Group, Inc., "(t)o deliver the best value, government organizations must cleanly integrate the EA process with the capital planning and investment control process and with the portfolio management process." (Convergence of Enterprise Architecture, Capital Planning, and Portfolio Management in Government Organizations, 9 December 2003, Scott Bittler, META Group)
Using ProSight Portfolios software as the foundation, Fast Track FEA augments ProSight's Fast Track for CPIC Budgeting. The combination creates an integrated solution that tracks architectural alignment of major and non-major investments within the overall framework of OMB budget submission and approval. Using ProSight Portfolios as the foundation, the integrated solution offers agencies a governance framework for managing the budgeting process, performing what-if analysis such as consolidation scenarios, and managing the projects that transform the architecture plan into reality.
About Fast Track for Federal Enterprise Architecture
ProSight's Fast Track for Federal Enterprise Architecture provides:
* Direct support for the OMB EA reference models including BRM, TRM, PRM, and SRM (DRM when released)
* Integration with Fast Track for CPIC Budgeting Financials
* Scorecards for evaluating investment alignment
* Tools for prioritization and selection
* What-if analysis and modeling
* Investor maps for analysis of possible redundancies and omissions
* Opportunity to link conventional architecture tools and portfolio management
For more information, visit the product page.
ProSight® is the only provider of top-down portfolio management solutions for government agencies. ProSight's COTS portfolio management software and government agency expertise simplifies the OMB Exhibit 300/53 submission process, saving agencies' time and resources by compiling business cases that are approved on the first submission. As requirements change, ProSight continues to provide the solutions that help agencies meet future compliance and regulatory standards.
In addition, ProSight Portfolios leverages the information from OMB exhibits and re-purposes it for portfolio management, application rationalization, and federal enterprise architecture compliance.
For more information on ProSight and our government customers' successes, visit www.prosight.com/govt.
Media and analyst contact
For media inquiries, contact Rick Turoczy, Senior Manager, Marketing, 503.889.4882, firstname.lastname@example.org.