4Sight Technologies Signs Strategic Technology Agreement with the Government of Panama

BOSTON, April 23, 2013 /PRNewswire/ -- 4Sight Technologies (www.4sighttech.com), a global enterprise software and IT consulting services company, today announced it has entered into a strategic agreement with The National Authority for Government Innovation (www.innovacion.gob.pa), the entity responsible for modernization of the IT infrastructure of the Government of Panama. Through this agreement, 4Sight will deploy its em³⁶⁰ Production Governance Platform and deliver expert consulting services to help the Government of Panama continue its mission to achieve technological excellence by improving interoperability of systems, optimizing processes, advancing quality control and continuous improvement, and facilitating Business Intelligence. To fully support its work with The National Authority for Government Innovation and the Government of Panama, 4Sight has opened a Center for Excellence in Panama, which it plans to make its center of operations for all of Latin America.

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Eduardo Jaen, managing director, The National Authority of Government Innovation of Panama, said, "This new alliance denotes the great potential that Panama has as a country to utilize focused technologies in all areas of national development and continuously improve our organizations' operations through the use of innovative tools."

4Sight joins a prestigious roster of global technology providers including Microsoft, Oracle and SAP that are helping The National Authority of Government Innovation meet the growing technology needs of the Government of Panama. 4Sight's decades of proven experience and expertise in production optimization software, Business Intelligence and cutting-edge technology development for banking and finance, insurance, aerospace, transportation, defense, and government, will help propel the Government of Panama toward the leading edge of IT innovation.

Initially, 4Sight will roll out four pilot projects including establishing interoperability of disparate systems across various government agencies and departments, installing a data super cube to facilitate Business Intelligence for strategic decision making, creating constraint-driven production optimization processes for time and cost savings, and instituting ISO-based quality control and continuous improvement processes for improved profitability.

Hernan Clarke, CEO, 4Sight Technologies, said, "As Panama continues the rise to establish itself as a global leader in technology innovation, 4Sight is thrilled to offer our expertise and experience on both a technical and professional development level. In addition to our software and consulting contributions to the government itself, we are also initiating a series of training programs in collaboration with several Panama universities to help young Panamanians develop the highly technical skills necessary to drive sustainable technology innovation for the future. We are eager to deploy our pilot projects and participate in the upcoming technology evolution across Panama."

The National Authority for Government Innovation of Panama is responsible for the modernization of the IT infrastructure of the Government of Panama through information technology and communication innovations. The organization works with several government entities, ministries, municipalities, transportation organizations, the Panama Canal, environmental agencies, among others, and recommends proven companies that are able to meet these organizations' technology needs.

About 4Sight Technologies

4Sight Technologies is a global enterprise software and IT consulting services company with offices around the world that delivers technology solutions to companies across various industries and business sectors including banking and finance, insurance, aerospace, transportation, defense, and government. Founded in 1997, 4Sight Technologies combines decades of experience and expertise in cutting-edge technology development to deliver production optimization, Business Intelligence, and quality management software solutions to worldwide leaders including Boeing, NASA, Mapfre, and Sovereign Bank/Banco Santander. For more information, visit www.4sighttech.com.

SOURCE 4Sight Technologies