Independent Analyst Firm Calls Compuware Covisint a 'Cloud Computing Pioneer'
Independent Analyst Firm Calls Compuware Covisint a 'Cloud Computing Pioneer'
Customers Can Benefit From Covisint's "Pay as You Go" Model, Speed and Focus
DETROIT, Dec 10, 2008 /PRNewswire-FirstCall via COMTEX/ --
Compuware Corporation
today announced that its Covisint subsidiary was named a "cloud
computing pioneer" by independent analyst firm, Forrester Research, Inc. The
designation was articulated in the October 29, 2008, report titled: "Talking
to Your CFO About Cloud Computing."
According to the report, "the financial benefit of paying by the month
rather than upfront is great when times are good, but especially important
during a downturn ... the service provider pricing model of cloud computing is
particularly valuable when economic uncertainty limits the capital and IT
resources available to firms."
The 10-page report outlines the key benefits of cloud computing,
including: 1--speed (accelerate a project rollout); 2--focus (outsource non-
core competencies to a service provider) and 3--funding (pay as you go rather
than spend upfront).
"To a CFO, IT capacity or an application purchased from a cloud-based
service provider is an operating expense (opex) that can be scaled up to meet
a rising business need--or turned off when the need evaporates," the report
noted. "The same solution hosted in the corporate data center is a sunk cost
that includes a capital expenditure (capex) that must be carried on the
balance as an asset that loses value as it depreciates. That difference
between capex and opex yields financial benefits that CFOs value."
"Forrester Research is one of the world's most respected analyst firms,
and this report--calling Covisint, salesforce.com, Amazon Web Services and
Thomson Reuters cloud computing pioneers--clearly identifies the economic
business drivers that CFOs seek," said David McGuffie, President and COO of
Covisint. "Covisint's cloud computing leadership has provided important
business value for nearly a decade to the world's leading manufacturing
companies, and, for the past four years, to healthcare communities and
organizations in other industries."
Cloud computing, also known as "software as a service" (SaaS), gives
organizations of all sizes the freedom, speed and agility they need to focus
on their core competencies and customer needs, leaving the heavy IT lifting to
service providers. Covisint also recently published a cloud computing white
paper looking at the total cost of ownership (TCO) of the SaaS model. The
paper, titled Collaborative Portal Decisions that Make "Cents"--Reducing Total
Cost of Ownership by 50% or More With SaaS Solutions, highlights the case for
when to consider cloud computing and is available at
http://www.covisint.com/tcl.shtml.
Covisint's on-demand collaboration platform and cloud computing approach
helps virtual communities securely access, use and share time sensitive
information. Covisint solves business problems by streamlining and automating
processes globally--connecting state and nationally based communities,
organizations and systems in the healthcare, automotive and financial services
industries, as well as the public sector. Learn more about Covisint at
www.covisint.com.
Compuware Corporation
Compuware Corporation makes IT rock around the world, helping CIOs
optimize IT performance to achieve business goals. Compuware solutions
accelerate the development, improve the quality and enhance the performance of
critical business systems while enabling CIOs to align and govern the entire
IT portfolio, increasing efficiency, cost control and employee productivity
throughout the IT organization. Founded in 1973, Compuware serves the world's
leading IT organizations, including 92 percent of the Fortune 50 companies.
Learn more about Compuware at http://www.compuware.com.
Learn more about Compuware at http://www.compuware.com.
SOURCE Compuware Corporation
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Gary E. Smith
Cloud Computing Architect - Doing IT in the Clouds
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Posted by GES - Architect to the Clouds at Wednesday, December 10, 2008 5:44 PM 
Categories: Press Release
Categories: Press Release
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