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UMT - Case Study - Utility APM
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(January, 2010)
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The Efficient Frontier: AXA Financial Inc
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(May, 2009)
CIO Insight Magazine covers AXA Financial Inc. in a case study about how the industry giant leverages UMT's Portfolio Management software and services to better understand where AXA spends on IT, while linking its budgets to strategic, rather than emotional goals with an empirical, logical approach to IT oversight. "I bet we saved $5 million to $10 million in the first year alone," AXA Director of Enterprise Governance Paul Bateman says, "on projects that would have automatically gone through before.
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IT portfolio management software gives utility a jolt
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(March, 2009)
When KeySpan Corp. purchased an IT portfolio management system last summer, it expected the software to help it better rank and monitor IT projects as part of its budget planning efforts. But it ended up doing more: It has also helped the electric and gas utility's IT department gain the trust of senior management, thanks to improved transparency into IT project decision-making criteria. While some of the other systems KeySpan evaluated were strong in areas such as demand management and resource optimization, none of them could deliver the breadth of mathematic calculations -- including reverse costing analysis and efficient frontier analysis techniques -- offered by the UMT software.
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Improving IT Oversight on Tobacco Road
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(April, 2005)
Last July, the North Carolina Senate passed legislation, known as Senate Bill 991, calling for more stringent management, planning and budgeting for IT activities by state agencies. One result of the legislation was a decision by North Carolina's IT organization to adopt IT portfolio management techniques to help more effectively select and prioritize new IT projects while improving oversight on projects already under way, said Tom Runkle, director of enterprise projects for the North Carolina state government in Raleigh.
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Wachovia Revamps IT Budgeting Process
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(November, 2003)
American Banker interviews Allan Shub, VP in retail and channel technology at Wachovia Corporation, to learn how the financial services giant is leveraging portfolio management software and methodologies to align technology project investments with corporate goals. The new solution helps the IT staff work with the bank's lines of business on issues such as planning and prioritization, scheduling start and stop dates, and finding "resource gaps" between what the bankers want and what technology is available.
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Project discipline yields results at AXA Financial
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(February, 2003)
Charlie Curcio, IT CFO at insurance giant AXA Financial, discusses establishing a Project management office and using UMT's Portfolio Management software to prioritize projects and manage resources in order to "get the most value for our dollar".
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