Windows 7 Professional 64 HP Unveils IT Financial

Hewlett-Packard, the world’s largest technologies firm, announced an answer in its IT Monetary Management portfolio, HP Monetary Arranging and Evaluation, built to support CIOs to operate IT like a business and demonstrate the company appeal of IT solutions. HP says the remedy brings together computer software and providers to supply enhanced visibility, governance, accountability and predictability to IT finance.


The company’s FP&An answer is the first offering in the ITFM portfolio made to aid IT organizations use company analytics to improve decision-making, operate more efficiently and align more closely with the rest of the company, molding IT into a performance-based, metrics-driven organization. With the HP IT Financial Management portfolio, businesses can take on financial evaluation, project portfolio management and asset management capabilities to drive out inefficiencies in IT spending, HP said. HP also announced a newly enhanced version of HP Project Portfolio Management Center 8.0 software with improved monetary and resource management capabilities.


HP FP&A software combines a financial planning and analysis capability linked to a fiscal data model. It consolidates financial information from project, asset and configuration management systems, as well as ERP (enterprise resource planning) software program. The computer software automates the process of consolidating monetary information across labor and technological innovation assets for financial evaluation. HP FP&A can be run as a stand-alone application or in conjunction with other HP computer software products such as HP Project Portfolio Management Center,Genuine Office Professional Plus 2010 Definition of ACKNOWLEDGE (Meaning of ACKN, HP Asset Manager and HP Configuration Management System.


“Customers can achieve successful IT financial management with HP’s market-leading computer software products and recognized consulting expertise in business intelligence, service management and IT computer software implementation,Windows 7 Professional 64,” said HP’s executive vice president of software and solutions Thomas Hogan. “We support CIOs manage the organization of IT with the same rigor as any line of organization.”


In a survey of more than 200 IT leaders worldwide conducted by PSB Research in May 2009, nearly half of the respondents said they lack investment rigor and have no form of portfolio management in place for aligning IT investment decisions to enterprise priorities. In addition, while 66 percent of senior IT leaders said IT-spending transparency is “very important” to their business stakeholders, only 44 percent reported that their stakeholders are “very satisfied” with their organizations’ spending transparency.

Jeffrey Johnson, deputy chief information officer and vice president of Operations and Infrastructure at Constellation Energy, a Baltimore-based supplier of energy products, said with HP IT Economic Management, their business is driving the fiscal accountability of the technological innovation organization. “We’ve benchmarked our IT spending in relationship to our operational expenses, and it is substantially lower than that of our peers,” he said. “Our unit costs – meaning cost per desktop, per server, per gigabyte of storage – have dropped 14 percent.”