Recently,
Compuware Corporation
(
CPWR
) declared that its professional services automation (PSA)
solution, Changepoint, has been adopted by Open Systems
Technologies (OST). The reason behind selecting Changepoint is its
best-in-class services and ability to offer suitable resource
management and project management solutions.
Headquartered in Grand Rapids, Michigan, OST is mainly engaged
in providing services related to information technology and
business process in the field of healthcare, manufacturing and
distribution, finance, insurance and enterprise technology
services. The company's solution will help OST upgrade its existing
business procedure and effectively execute its projects.
The company through its Changepoint solution will be offering an
in-depth knowledge of projects, investments and resources. In
addition, OST by harnessing PSA solutions will be able to enhance
its profitability through selecting proper business process.
According to management, Compuware's completely integrated
user-friendly solution would enhance OST's financial performance
going forward.
Compuware is likely to achieve a formidable position within the
industry through its improved software as a service (SaaS),
professional and application services platform. In the rapidly
changing technological world, the company's advanced solutions
empower customers to drive revenue and customer satisfaction by
leveraging innovative technologies like cloud computing,
virtualization and mobile computing.
Compuware operates in an intensely competitive landscape. In the
software business, the company is always under pressure for
innovating new products to attract new clients and also maintain
the existing associations which may prove to be expensive.
According to management, the company competes with more than 40
firms in one or more of its offerings. Rivals include
BMC Software Inc.
(
BMC
),
CA Technologies
(
CA
),
International Business Machines Corporation
(
IBM
).
The current Zacks Consensus Estimates for the second quarter of
fiscal 2013 and for fiscal 2013 are 6 cents per share and 43 cents
per share, respectively. The company currently retains a Zacks #3
Rank, which translates into a short-term 'Hold' rating. We also
have a 'Neutral' recommendation on the company's stock.
BMC SOFTWARE (BMC): Free Stock Analysis Report
CA INC (CA): Free Stock Analysis Report
COMPUWARE CORP (CPWR): Free Stock Analysis
Report
INTL BUS MACH (IBM): Free Stock Analysis Report
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