Boise, ID (PRWEB) July 13, 2006
Treetop Tech (http://www.treetoptech.com), ranked by Inc. Magazine as one of the fastest growing IT Services organizations in the country since 2004, today announced the formalization of its Enterprise Performance Management (EPM) consulting practice in response to the rapidly developing EPM market.
EPM also referred to as Corporate Performance Management (CPM) holds the promise of helping corporations drive growth and government agencies become results-oriented organizations. Defined by AMR Research as "a superset of applications and processes that cross the traditional department boundaries to manage the full lifecycle of business decision-making," EPM combines planning, forecasting, performance metrics, operational reporting, and modeling capabilities with strategy execution.
Research firm Gartner estimates that by 2008, more than 80 percent of publicly traded companies will have a formalized EPM strategy and road map as key elements in their compliance and governance framework.
Today, integration technologies have advanced to where it is now feasible to create a common platform for delivering integrated performance management solutions. Computing power has increased while data storage capacity and costs have fallen dramatically, and end-user information access has seen a pervasive change through the rapid adoption of Web-based reporting and analysis solutions. As a result, the software market is converging as vendors from each of the three classes are rushing to capitalize on these technology advances. The trend is toward integrated product offerings, commonly referred to as enterprise performance management suites, which respond to the growing demand for more integrated and robust performance management tools.
Treetop Tech indicated that these trends in the EPM market and the resulting increase that they have seen in the need for IT consulting services to integrate these new EPM technologies is what prompted them to formalize their EPM consulting practice.
“Challenged by growing pressures to respond to rapidly changing business environments and continued pressure to improve financial results and achieve emerging compliance requirements, we are finding our enterprise clients increasing their investments in EPM technologies such as Business Intelligence (BI) and the associated analysis, modeling, forecasting and reporting capabilities, “ said Charles Skamser, Vice President of Business Development for Treetop Tech. “This increase in demand is great for the EPM software vendors with whom we are partners,” Mr. Skamser continues. “However, we are finding that our Fortune 1000 client base and the state and local government agencies that we support are a bit overwhelmed with integrating and leveraging all of this new technology. This need to integrate and leverage all of this new EPM technology is what fueled our decision to formalize our EPM practice and expand our partnerships to enable us to more effectively meet the overall EPM requirements of our client base.”
Utilizing technology platforms from the emerging leaders in the EPM market such as ProClarity (recently purchased by Microsoft), Microsoft, IBM, Oracle, Business Objects and Polyvista, Treetop Tech has been successfully developing and managing complex EPM solutions for Fortune 500 clients such as Hewlett Packard’s Imaging and Printing Group (IPG) since 1997.
“With long term in-house capabilities to provide what has historically been called Business Intelligence consulting, we have an incredibly talented team at Treetop that can quickly analyze your business requirements, identify the most effective use of your information assets and recommend the appropriate EPM technologies as may be required,” states Ryan Gifford, Treetop’s EPM Team Leader. “With a focus on web-based solutions and working within different levels of the technology stack as required, Treetop has built completely new EPM solutions, integrated legacy systems, integrated disparate systems and developed real-time analysis, modeling and reporting capabilities to enable our clients to increase the productivity of their information workers and realize an immediate ROI on their investments in EPM.”
More about Treetop Tech: Founded in 1997 in Boise, Idaho, Treetop Technologies has been recognized by Inc. Magazine as one of the fastest growing IT Services companies in the US. Specializing in the design, delivery and support of complex software solutions for dynamic business environments, Treetop provides IT strategy, system design and architecture, custom development, packaged software integration, Enterprise Performance Management (EPM), collaboration, help desk design and implementation and staff augmentation. Serving the Northwest US market, the company’s list of clients includes several divisions of HP, Weyerhaeuser, Perot Systems, The Idaho Department of Transportation, The Idaho Department of Commerce and Labor and PERSI. Its home page is http://www.treetoptech.com.