Office 2007 Enterprise Key HP Unveils IT Financial

Hewlett-Packard, the world’s largest engineering business, announced a solution in its IT Economic Management portfolio, HP Fiscal Arranging and Analysis, made to support CIOs to operate IT like a business and demonstrate the organization value of IT services. HP says the solution brings with each other computer software and solutions to supply improved visibility, governance, accountability and predictability to IT finance.


The company’s FP&An answer is the first offering in the ITFM portfolio designed to assist IT organizations use organization analytics to improve decision-making, operate more efficiently and align more closely with the rest of the organization, molding IT into a performance-based, metrics-driven organization. With the HP IT Fiscal Management portfolio, businesses can take on financial evaluation, project portfolio management and asset management capabilities to drive out inefficiencies in IT spending, HP said. HP also announced a newly enhanced version of HP Project Portfolio Management Center 8.0 software program with improved fiscal and resource management capabilities.


HP FP&A software combines a financial organizing and evaluation capability linked to a financial data model. It consolidates fiscal information from project, asset and configuration management systems, as well as ERP (enterprise resource planning) application. The software automates the process of consolidating financial information across labor and technologies assets for monetary analysis. HP FP&A can be operate as a stand-alone application or in conjunction with other HP computer software products such as HP Project Portfolio Management Center, HP Asset Manager and HP Configuration Management System.


“Customers can achieve successful IT economic management with HP’s market-leading application products and recognized consulting expertise in company intelligence, service management and IT software implementation,” said HP’s executive vice president of computer software and solutions Thomas Hogan. “We assist CIOs manage the enterprise of IT with the same rigor as any line of business.”


In a survey of more than 200 IT leaders worldwide conducted by PSB Research in May 2009, nearly half of the respondents said they lack investment rigor and have no form of portfolio management in place for aligning IT investment decisions to organization priorities. In addition, while 66 percent of senior IT leaders said IT-spending transparency is “very important” to their organization stakeholders, only 44 percent reported that their stakeholders are “very satisfied” with their organizations’ spending transparency.

Jeffrey Johnson, deputy chief information officer and vice president of Operations and Infrastructure at Constellation Energy,Windows 7 Home Basic 64 HP laptop coupon Coupons Dealuxe, a Baltimore-based supplier of energy products, said with HP IT Monetary Management, their organization is driving the fiscal accountability of the technological innovation organization. “We’ve benchmarked our IT spending in relationship to our operational expenses, and it is substantially lower than that of our peers,” he said. “Our unit costs – meaning cost per desktop,Office 2007 Enterprise Key, per server, per gigabyte of storage – have dropped 14 percent.”