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Press Release

Spokane Teachers Credit Union Chooses iRise Visualization

Enhancements, new applications development to be visualized before coding

El Segundo, Calif. - April 21, 2009 - iRise®, the world's leading visualization solutions company, today announced that Spokane Teachers Credit Union (STCU), one of the largest credit unions in the Pacific Northwest serving more than 80,000 members, has chosen iRise to visualize software projects before coding as way to speed delivery and cut cost. iRise has already been used to simulate enhancements to existing Web-based systems and will soon be used in new software applications that provide enhanced online services to STCU's members.

"Using static text requirements documents and screen shots was not working for us," stated Danny Jones, software development manager at STCU. "Visualization is a dramatically better experience for our business stakeholders and helps us speed up the process of gaining consensus on what to build. Without rework, we should be able to deliver higher quality applications faster, with less cost."

STCU is using iRise to visualize enhancements to existing internal productivity applications and add referral and promotion capabilities to external Web applications. Rather than rely on hard-to-understand static text documents, iRise visualizations are assembled by the development team as a way to give users and business stakeholders the ability to interact with proposed changes early in the process.

"Hundreds of companies are now using visualization from iRise to dramatically shift the playing field in their favor when designing and delivering business software," said Mitch Bishop, CMO for iRise. "Visualization is the new standard for how to predict whether an IT organization is going to be effective in delivering on time and on budget."

Software Visualization - The Ultimate Change Agent

The world's best run companies recognize that tough economies are exactly the right time to take bold steps to change the status quo and leap ahead of the competition. Consistently delivering innovative and highly usable business-critical applications is often the key to capitalizing on this kind of market opportunity. iRise visualization gives companies a powerful way to define applications right - the first time. By enabling global organizations to "test drive" and fully experience systems early in the process, iRise is an essential strategy to consolidate application portfolios, accelerate delivery and leverage global sourcing without delays and cost overruns.

  • Get to market twice as fast;
  • Eliminate 30% of project cost;
  • Ensure success of global sourcing strategies; and,
  • Dramatically improve customer experience

About iRise

iRise is the world's leading provider of visualization software for business applications. Visualization is quickly becoming a critical competitive advantage for businesses to more effectively communicate their needs to technology teams and give everyone involved the ability to fully experience applications before they are built. Companies of all sizes like General Motors, UPS, Wachovia, Manpower, M.D. Anderson Cancer Center, and many others use iRise to "test drive" their applications before building, which accelerates time to revenue, improves customer experience, and drives costs down. At iRise, our vision is 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 and Deutsche Bank, and has sales offices across North America.

About Spokane Teachers Credit Union (STCU)

Founded by educators in 1934, STCU is a member-owned, not-for-profit cooperative that delivers financial products and services, such as shared branching, online banking, and ATMs worldwide. Through innovation, attractive rates, and personalized service, STCU is committed to maximize members' financial health and security. STCU is the largest credit union in the Inland Northwest with 80,000 members and 13 branches. It is the third largest credit union in Washington, and one of the top 175 (out of over 9,400) credit unions in the United States.

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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.



Press Contacts

Maya Zarchan
SS|PR
(719) 634-8279
mzarchan@sspr.com