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New CAST Service Provides Application Portfolio Review in a FlashLightweight, On-Demand SaaS Offering Identifies Budget Draining Applications, Technical Debt and Assesses Potential Production Defects Across Large Scale Portfolios (May 09, 2012)
NEW YORK, NY -- (Marketwire) -- 05/09/12 -- CAST, a world leader in software analysis and measurement, today announced Rapid Portfolio Analysis (RPA), a cloud-based software as a service (SaaS) offering that proactively identifies application portfolio risk and bloat. RPA conducts a code level analysis of applications from the cloud without ever having to move code from the application owner's possession.
The elegant simplicity of this service provides an affordable, on-demand alternative to expensive enterprise application portfolio management or project portfolio management solutions. RPA automatically generates feedback on software health, arming executives with the information to determine which applications need further investigation, modernization or closer ongoing monitoring for structural issues. With this information, organizations have the ability to lower overall IT expenditures by:
- Exposing structural quality risk within portfolios
- Providing metrics and trending to measure changes in quality
- Analyzing portfolios by sourcing strategy
- Reducing production risk and maintenance cost through increased visibility
- Assessing applications by business value and adaptability risk
- Identifying root causes of software risk and complexity
RPA is powered by CAST Highlight, the industry's first cloud-based SaaS solution that rapidly provides IT leaders with a snapshot of any or all of a company's applications. CAST Highlight is a lightweight platform that reads software within seconds without the need to upload code and assesses an IT portfolio against a set of software quality standards based on industry norms. These standards coupled with a predictive analytics engines allow Highlight to determine product risk, adaptability risk, complexity, size, and technical debt of applications and estimate the software maintenance effort that should be required.
CAST Highlight combines the science, R&D and software purchased from a sole source provider to the European Aeronautic Defense and Space Company (EADS), the parent company of Airbus, with CAST's 20 years of experience analyzing application software for many large corporations around world. CAST's flagship product, the Application Intelligence Platform (AIP) provides the highly granular analysis and measurement capability that would naturally follow for the most risky applications identified by Highlight.
"Industry research tells us that 20-25% of ADM budgets are spent on ageing legacy applications and 60-70% on maintenance and support, leaving little to respond to the challenges of the business," said Vincent Delaroche, CAST CEO. "RPA is designed to provide CIOs visibility at unprecedented speed and fidelity so they can quickly focus on the areas of highest potential risk to business and to cost."
As a cloud-based solution, RPA requires no deployment or training, no dedicated hardware and no need to transfer source code outside the organization. RPA drives innovation and efficiency through added visibility and portfolio analytics, improved time-to-value, reduced costs and better portfolio prioritization and decision-making. As a SaaS offering, RPA is available as a one-time service or as part of an ongoing portfolio monitoring process, with the service fee based on the number of applications within the portfolio.
CAST is a pioneer and world leader in Software Analysis and Measurement, with unique technology resulting from more than $100 million in R&D investment. CAST introduces fact-based transparency into application development and sourcing to transform it into a management discipline. More than 250 companies across all industry sectors and geographies rely on CAST to prevent business disruption while reducing hard IT costs. CAST is an integral part of software delivery and maintenance at the world's leading IT service providers.
Founded in 1990, CAST is listed on NYSE-Euronext (Euronext: CAS) and serves IT intensive enterprises worldwide with a network of offices in North America, Europe and India. For more information about CAST:
Jon Bloom or Gary Thompson
Clarity Communications for CAST
Web site: Claritycommunications.us
Direct: +1-415-963-4082 x104
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