alfabet Recognized as a Leader in Leading Analyst Firm's 2011 Integrated IT Portfolio Analysis Applications Magic Quadrant

CAMBRIDGE, Mass., Aug. 11, 2011 /PRNewswire/ -- alfabet, a leading provider of strategic IT planning and business IT management solutions, announced today that the leading information technology research and advisory company Gartner, Inc. has placed alfabet in the Leaders quadrant of its recent report "Magic Quadrant for Integrated IT Portfolio Analysis Applications." The report is authored by Daniel B. Stang and was published on August 8, 2011.

"We're very pleased that Gartner has recognized alfabet as a leader in the new Magic Quadrant of IT Portfolio Analysis Applications," said Erik Masing, Co-Founder and CEO of alfabet. "This is a testament to alfabet's ability to help develop and manage how the project portfolio affects the business and enterprise architecture, the application, technology and services portfolios, as well as business strategies."

Based on a solid understanding of business strategies and architectural cause and effect relationships critical to the enterprise, alfabet provides for greatly enhanced understanding of IT demands, supporting assessment, consolidation, conflict and redundancy analysis against existing enterprise capabilities as well as business strategies, thus providing quantifiable business value to an organization.

"Many IT projects fail to deliver value to the organization as the underlying plans have not been well founded in the business context or the plans have been invalidated by reality once the project started, because the best route always changes," explains Dr. Ulrich Kalex, VP Product Line Management at alfabet. "With our unique approach of evolutionary planning, alfabet allows the accurate creation of plans in the context of the relevant portfolios as well as their constant update with real-time information once the project is underway."

Solving the complexity equation

Demands by the business usually hit the IT organization on an unrelated one-by-one basis resulting  in an equation where one demand equals one projects equals one application adding up to a highly complex and redundant landscape[1]. Integrated IT planning and portfolio management helps to consolidate demands, evaluate them against existing enterprise capabilities as well as business strategies and either retire applications that are not needed anymore or reuse existing applications that would support the demand. Thus, duplicate demands are consolidated in an early stage avoiding duplicate projects and applications respectively. Additionally, demands that are already supported by the existing landscape are easily identifiable and requestors can be pointed to the existing IT capabilities thus maximizing reuse.

Traditional solutions for managing the project portfolio lack this capability of oversight and analysis that enables the consolidation of demands in the context of the existing landscape.  This capability requires deep insight into the enterprise's portfolios of applications, services, information and technology portfolio and their respective support of business capabilities – a domain that's handled by EAM.

alfabet was already recognized as a leader by Gartner, Inc. in the Leaders Quadrant in the "Magic Quadrant for Enterprise Architecture Tools" by Chris Wilson and Julie Short, published October 28th 2010.

About Gartner's Magic Quadrant

The Magic Quadrant are copyrighted 2010 and 2011 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About alfabet (www.alfabet.com)

Business IT Management is the task of ensuring that IT powers business success. It combines a deep understanding of the business and its strategy with the insight, planning and execution required to evolve the IT landscape. alfabet is the only vendor providing a comprehensive software suite that supports all aspects of Business IT Management – from accurate insight into the enterprise architecture to IT planning, risk management, compliance, road-mapping and IT Program Control.

alfabet serves with its flagship product planningIT® a global user community of more than 135,000 IT, Finance and Business professionals in more than 40 countries. Customers of alfabet include many of the Global 2000 companies across a broad range of industries in particular financial services, automotive, telecommunications, logistics, and high-tech. 

Founded in 1997, alfabet is operating with headquarters in Berlin, Cambridge, Mass and Singapore.

All companies and products listed herein are trademarks or registered trademarks of their respective holders.

[1] Application Landscape Report 2011 by Capgemini: nearly 20% of applications are redundant.

For further information:
alfabet AG
Rene Hermes
+49 30 880 345-0
[email protected]  

SOURCE alfabet