Niku Announces the First Comprehensive Solution for the Selection, Control and Evaluation of Federal IT Investments
05 May 2005 - 5:34AM
Business Wire
Niku Corporation (Nasdaq:NIKU): -- New CPIC Accelerator for
Clarity(TM) Streamlines and Speeds OMB 300 and 53 Submissions --
Niku Enhances Integrated CPIC Solution to Address Entire Federal IT
Capital Planning and Investment Control (CPIC) Process In a move
designed to help federal agencies maximize and align IT investments
with agency mission, Niku Corporation, the leading vendor of IT
Management and Governance (IT-MG) solutions, today announced the
CPIC Accelerator for Clarity(TM). The CPIC Accelerator(TM) enables
agencies to improve the quality and speed of OMB 300 and 53
business case submissions. With the addition of the CPIC
Accelerator to its Integrated CPIC Solution, Niku offers the first
software system that manages all three phases of the IT Capital
Planning and Investment Control (CPIC) process - select, control
and evaluate. With this coordinated approach to IT Management and
Governance, agencies can easily identify IT investments that will
best support the core agency mission, while meeting increased
compliance and legislative mandates critical to the funding
process. "As a Niku customer, we have seen the flexibility and
ease-of use of the Clarity system first-hand," said Julie Labra,
lead IT specialist at the Centers for Medicare and Medicaid
Services (CMS). "This will enable us to better align our IT
investments with our agency's mission and goals to provide health
security and prescription drug coverage to all Medicare
beneficiaries." With legislative mandates such as the Clinger-Cohen
Act, and the IT requirements set forth in the President's
Management Agenda, a coordinated approach to the CPIC process and
IT Management and Governance is more critical than ever for federal
agencies. IT continues to be one of the largest areas of agency
spend and is mission critical for virtually every agency program,
whether civilian, defense or homeland security. Agencies must avoid
failed IT initiatives, reduce redundancies and adopt a
results-oriented, business-driven approach, as mandated by the
Federal Enterprise Architecture. As a result, in addition to
fulfilling their traditional responsibilities, federal IT
organizations must now also address the stringent requirements of
these performance-based mandates. These factors combine to make an
integrated approach to CPIC and IT-MG a necessity for federal
agencies. "Niku has extensive expertise in helping organizations
manage successful IT-MG initiatives, with more than 375 active
commercial and public sector customers worldwide," said David
Hurwitz, chief marketing officer of Niku. "As a proven leader and
expert in this space, Niku is dedicated to helping federal agencies
efficiently address their new IT management and governance
responsibilities so they can spend more time on their
citizen-centered missions." CPIC Accelerator for Clarity The CPIC
Accelerator for Clarity enables the collaborative collection and
submission of data for OMB Exhibit 300 and 53 business cases,
including real-time monitoring of submissions via executive
dashboard views, and auto-population of relevant data from projects
to OMB forms. Features in the CPIC Accelerator include: -- OMB
Exhibits 300 and 53 generation and submission -- Auto-population of
risk inventory and relevant data from projects to OMB 300 forms --
CPIC parallel work-flow processes to automate the creation and
approval process -- Collaboration among multiple stakeholders on an
OMB 300 business case, project or any other investment object --
Real-time monitoring of submissions via executive dashboard views
-- Support of Federal Enterprise Architecture standards Integrated
CPIC Solution The Integrated CPIC Solution delivers one integrated
system to support the entire CPIC select, control, evaluate
framework. Built on the market-leading IT-MG solution, Clarity from
Niku, the Integrated CPIC Solution enables agencies to spend less
time on IT-MG and more time on meeting agency mission. With this
release, the Integrated CPIC Solution also includes new
functionality for earned value analysis and Section 508 compliance.
For More Information To learn more about the CPIC Accelerator and
the Integrated CPIC Solution, please join Niku's complimentary
webinar, "Mission Accomplished through Integrated-CPIC," on May 10,
2005 at 2:00 pm EDT. Register at
http://www.niku.com/go/federal/webinar. Availability and Pricing
The CPIC Accelerator module is priced at $96,000 and is available
this month. Niku products and professional services are available
on GSA schedule #GS-35F-0330J through partner IMMIX. For more
information, call 866-846-NIKU or visit
http://www.niku.com/go/federal. About Niku Niku Corporation
(Nasdaq: NIKU) is the leader in IT Management and Governance
(IT-MG) solutions and two-time winner of the Gartner PPM Summit
"Best Vendor" award. More than 400,000 users at industry-leading
companies depend on Niku software to maximize their "Return on IT."
Niku's customers include leading governmental organizations such as
the Centers for Medicare and Medicaid Services (CMS), the National
Institute of Health (NIH), agencies within the US Department of
Defense (DOD), the Minnesota Bureau of Criminal Apprehension, the
California Department of Health Services, Oakland County Michigan,
the UK's Office of Government Commerce (OGC), the Queensland
Department of Primary Industries, the South Australia Police
Department, the Norwegian Labor Department, and the Swedish Police.
With headquarters in Silicon Valley, Niku serves global customers
from more than 20 offices worldwide, including Niku's Federal
Solutions Center in Bethesda, Maryland. For more information,
contact info@niku.com or visit http://www.niku.com. Niku and the
Niku logo are registered trademarks, and Clarity is a trademark of
Niku Corporation in the United States and certain other countries.
All other trademarks, trade names, and/or product names are used
solely for the purpose of identification and are the property of
their respective owners.
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