) declared that its professional services automation (PSA)
solution, Changepoint, has been adopted by Patheon Inc. The
reason behind selecting Changepoint is its best-in-class services
and ability to offer suitable resource management and project
Headquartered in Durham, North Carolina, Patheon is mainly
engaged in providing services related to contract drug
development and manufacturing services in the field of the
pharmaceutical industry. The company's solution will help Patheon
upgrade its existing pharmaceutical development services (PDS)
business segment which mainly provides contract pre-formulation,
formulation and analytical development, clinical trial materials
manufacturing and clinical packaging.
The company through its Changepoint solution will be involved
in managing and augmenting Patheon's 700- PDS businesses. In
addition, by harnessing PSA solutions it will be able to raise
its profitability through selecting a proper business process.
Compuware's completely integrated user-friendly solution would
thus ameliorate Patheon's client experience through properly
controlling its initial quotation, project delivery and billing
Management averred that the company's advanced solution would
meet Patheon's requirements easily and improve its businesses
through properly managing its range of operations. The company is
looking forward to further association with Patheon in
Compuware's key objective is to provide most user-friendly,
technologically advanced services to its clients in IT
organizations 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.
). Recently, Xigent Solutions has selected CA Technologies' CA
Nimsoft for its cloud-based monitoring and service
management service offerings. Hence, Compuware has to go through
rapid technological changes, evolving standards which may turn
out to be costly.
The current Zacks Consensus Estimates for the third quarter of
fiscal 2013 and for fiscal 2013 are 10 cents per share and 36
cents per share, respectively. The company currently retains a
Zacks #4 Rank, which translates into a short-term Sell rating. We
also have a Neutral recommendation on the company's stock.
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