EL SEGUNDO, CA - April 5, 2010 - iRise®, the global leader in enterprise visualization solutions today announced the immediate availability of iRise 8, the next major release of its market leading enterprise-grade visualization platform for business. New capabilities in iRise 8 focus on accelerating the time to visualization for both custom and packaged applications, making it easier to administer geographically disperse teams of authors and reviewers, and opening up Application Programming Interfaces (APIs) that enable customers and third-party providers to create visualization extensions and integrations.
"We have experienced dramatic growth in our services business, with both government and commercial clients, because of increased demand for our expertise in iRise," stated Scott McDowell, founder of OneSpring, an iRise partner. "We expect the new custom extension and content capabilities in iRise 8 to create new revenue opportunities for us, and at the same time further accelerate our customers' success."
"In the wake of a challenging economy and increase in complex sourcing, the demand for effective business communication and collaboration across distributed organizations enabled by requirements visualization solutions is significant," said Melinda Ballou, program director for IDC's Application Lifecycle Management service. "IDC research indicates that 70-80% of IT software project failures occur as a result of poor requirements gathering, analysis and management and the first gap in the process is poor communication - visualization can help facilitate collaboration by bridging that communication gap."
"We are advancing the state of the art for enterprise visualization. Being able to assemble and review highly-interactive visualizations of new ideas with globally-distributed stakeholders in hours, not days, is a game changer for all companies that must define and deliver mission-critical software," stated Maurice Martin, president, COO and founder of iRise. "The innovations in iRise 8 create exciting new opportunities for both our customers and partners. We invented software visualization nine years ago. With the launch of the iRise 8 enterprise visualization platform we are now poised to ignite a diverse third-party ecosystem of value-added content and services providers that will further accelerate our customers' ability to deliver innovation and project success."
Enterprise visualization software from iRise gives business and IT leaders a powerful way to "move the needle" and cost-effectively drive change in their organizations. iRise is the only enterprise grade, real-time collaborative software definition platform on the market today. By enabling global organizations to "test drive" and fully experience critical business systems early in the process, iRise is now an essential strategy to modernize their systems, consolidate applications, cut cost, accelerate delivery and leverage global sourcing partnerships without the usual confusion and risk.
iRise is the world's leading provider of enterprise visualization software for business applications. Visualization has become a critical competitive advantage for businesses to more effectively communicate their needs to technology teams and give everyone involved the ability to interact with and fully experience applications before they are built. Companies of all sizes like General Motors, UPS, FedEx, BP, Manpower, M.D. Anderson Cancer Center, and hundreds of others use iRise to "test drive" their applications before building, which accelerates time to market, improves customer experience, and drives cost down. At iRise, we believe that by 2020, all business software will be visualized before being built, the same way that every car, airplane, and building is visualized today. Headquartered in El Segundo, Calif., iRise is backed by Morgan Stanley Venture Partners, and Deutsche Bank, and has sales offices across North America and in London.
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iRise is a registered trademark of iRise. All other companies and products mentioned are trademarks and property of their respective owners.