For Immediate Release:
SOMERS, NY -- (MARKET WIRE) -- 06/28/04 --
IBM® today unveiled new PartnerWorld Industry Networks for independent software
vendors (ISVs) focused on the government and insurance industries. IBM® also
introduced new technical offerings and expanded initiatives that can help ISVs
participating in the PartnerWorld Industry Networks speed solution development and
ensure interoperability with IBM®'s middleware portfolio.
New Government and Insurance Industry Networks
State and local agencies will spend about $46 billion on IT in 2004, according to
public-sector consultant Input. Federal spending will be about $70 billion. The
hundreds of government departments and agencies worldwide require solutions
tailored to meet regulations. Celent, a research and consulting firm, estimates that
IT spending in the US insurance industry will be about $20.6 billion, and European
insurance carriers will spend about 22.3 billion Euros in 2004. The insurance industry
also has a wide range of requirements for applications that address different lines of
business, and different business practices and regulations for each federal and local
jurisdiction.
Government and insurance industry ISVs worldwide who have committed to join the
new Networks include: Corticon, DAON, Document Sciences Corporation, DWL, ESRI,
E Team, FINEOS, Guidewire Software, Hamer Enterprises, Itemfield, MapInfo,
Mitratech, Neighborhood America, Police Central, PureEdge, and Webify Solutions.
"The government and insurance sectors present a huge opportunity for ISVs to
capture new revenue opportunities worldwide," said Buell Duncan, general manager,
ISV & Developer Relations, IBM®. "The new PartnerWorld Government and Insurance
Industry Networks provide ISVs with the necessary resources and expertise to
deliver customized solutions that are compliant with industry regulations and can
help solve business challenges."
Government Industry Partner Quote
"We believe that IBM®'s PartnerWorld Industry Networks provide a meaningful way
for ISVs to leverage the resources of industry leader IBM®. This allows us to focus on
what we do best -- application development and deployment. PartnerWorld Industry
Networks reflect a demonstrated dedication to the future of our industries and the
type of innovative thinking that supports the growth of Neighborhood America's
mission -- to develop the standard in Public Communications Management." Kim
Patrick Kobza, President and CEO.
CONTACT:
Angela L. Sullivan
IBM
646-598-6173
a1lee@us.ibm.com