Date Posted: 5/10/2006
Deltek and Panopticon Forge Partnership
Alliance Will Integrate Enterprise Project Management with Visual Business Intelligence for First Time
HERNDON, VA (May 9, 2006) — Panopticon, part of the Hamsard Group (HMSD) and the leading supplier of visual business intelligence software, today announced it has formed a partnership with Deltek, the leading provider of enterprise management software built specifically for project-focused organisations. The partnership has been agreed with Hamsard Holdings Limited, Panopticon’s distributor in the USA, and will allow Deltek to provide Panopticon’s cutting edge visualisation tools to the professional services market for the first time.
A revolutionary performance management tool, visualization uses a unique combination of shape, size and color to replace pages of cumbersome data with a single interactive and graphical view of a firm’s project health. Trends and risks are immediately apparent and can be quickly analyzed to determine the actions necessary to drive greater performance.
“Panopticon’s innovative visualisation software will give our clients an unprecedented, executive-level view of their entire project portfolio, enabling them to quickly identify risks and opportunities, and easily drill down to the projects at risk in order to take corrective action,” said Eric Brehm, executive vice president of Deltek.
Deltek provides enterprise management solutions to more than 11,000 project-focused customers in the United States, enabling them to maximise profitability and productivity. Panopticon’s visualisation tools will be available in an upcoming version of Deltek Vision, the only integrated business solution designed specifically for professional services firms. More than 1,000 architects, engineers, IT services firms, and management consultants use Vision to handle customer relationship management, proposal automation, project and resource management, time, expense, and billing, and project and financial accounting.
Panopticon co-founder and CEO Willem De Geer said, “This is a new vertical for Panopticon and we are delighted to be working with a clear leader in the field. This deal with Deltek underlines the flexibility of Panopticon’s powerful visualisation technology, demonstrating once again that it can be applied to any complex data set.”
About Panopticon Software
Panopticon's visualisation technology takes you beyond traditional business intelligence: highly intuitive treemaps visualise trends in business performance and allow you to act before the competition. Panopticon was founded in 1999 and is a part of the Hamsard Group (HMSD). Panopticon has offices in London, New York and Stockholm. The product family contains desktop and enterprise solutions as well as an API platform.
www.panopticon.com
About treemaps - brain and mind
Preattentive processing is the innate, natural skill put to use with treemaps. When first looking at a treemap you will be able to point out important values in a matter of seconds. However, what most people are unaware of is that your brain processes the information before your mind becomes aware of it. For the brain, it is not a question of seconds, but milliseconds. Scientists call this preattentive processing. It is defined as involuntary processing of visual information without focused attention in a very short time - as fast as 200 milliseconds. This automated and effortless perception of information is what visualisation tools such as treemaps make use of. A picture really does say more than a thousand words.
About Deltek
With more than 11,000 customers worldwide, Herndon, VA-based Deltek is the leading provider of enterprise management software for project-focused organizations. Founded in 1983, Deltek enables companies to maximize profitability and productivity, integrating all aspects of their businesses. Deltek Costpoint®, Deltek Vision® and Deltek GCS Premier® power a myriad of front- and back-office applications including accounting, billing, resource planning, budgeting and control, business intelligence, CRM and proposal automation, employee time and expense, HR management, procurement and materials management and project management. Deltek's clients include Bechtel, CACI, HOK and Verizon. Visit www.deltek.com, or call 800/456-2009 in the U.S. or +44 (0) 20 7518 5010 in the U.K.
For further information contact:
Andrea Carl, Director, Public Relations
703.885.9612, andreacarl@deltek.com
Michael Matkin, Ricochet Public Relations
212.679.3300 ext. 117, mmatkin@ricochetpr.com
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