alfabet Announces Alliance Agreement with ABeam Consulting Europe

Leading Global Consulting Firm Helps Companies More Effectively Plan and Manage IT Investments

BERLIN, GERMANY – February 20th -- alfabet, Inc., a leading software provider in strategic IT planning and management, today announced a formal relationship with ABeam Consulting Europe B.V., a leading provider of business transformation services. Using alfabet’s planningIT® software, ABeam’s consultants and clients can more effectively plan and manage the impact of IT spending , including value management, enterprise architecture management , demand management, applications architecture management, integrated portfolio planning and more.

“Effective enterprise IT architectures must provide data and technology openness, promote organizational transparency, and be flexible to adapt to changing market and business conditions,” said Douglas Downing, Managing Partner at ABeam Consulting, Europe. “To achieve these goals, effective planning and continuous oversight of IT investments are crucial. Through this partnership with alfabet, we have a proven tool to guide clients in maximizing the value of their IT spending,”

planningIT® helps IT organizations to see, analyze, control and align IT project proposals with business goals. The scalable software includes a Logical IT Inventory for transparency and focused modules that enable collaborative IT planning—integrating every business activity in the planning process, from demand to budget.

“ABeam’s experience in guiding companies to make and manage effective IT investment has been proven in scores of engagements,” said Erik Masing, co-founder and CEO of alfabet, Inc. “We are very pleased to be associated with a leading global consultancy of ABeam’s caliber.”

About alfabet

alfabet enables companies to see, analyze, control and align IT initiatives with business priorities continuously. Its planningIT® software is unique in tightly coupling business priorities and IT returns with current and future initiatives. Competitive point solutions offer modeling or repository functions with a static view of priorities, architecture and infrastructure. alfabet provides a holistic, integrated and collaborative approach that offers continuous transparency into how IT and business information, processes and roles are changing and need to be managed over time.

The company serves a global user community of 15,000 IT professionals in more than 40 countries in a variety of industries, including automotive, financial services, telecommunications, logistics, high-tech and others. Its customers include international corporations such as AMB Generali, BP, DaimlerChrysler, Deutsche Bahn , and T-Systems. Founded in 1997, alfabet is based in Berlin with U.S. headquarters in Cambridge, Mass.

About ABeam Consulting

ABeam Consulting provides business transformation services that create strategic advantage, improve business processes, leverage technology innovation, and enhance organizational performance for leading multinational and domestic companies worldwide. ABeam partners with clients to diagnose and solve their real challenges with solutions that combine industry and operational best practices with technical expertise. Pragmatic approaches ensure that clients gain measurable value more quickly. Headquartered in Tokyo, ABeam’s 3,500 professionals serve clients in 21 countries. For more information, please visit www.abeam-europe.com.

Company and product names are the trademarks of their respective companies.

For Additional Information contact:
Anna Cleary
alfabet, Inc.
+49 (0) 30 880 345 151
Skype: anna_cleary1
anna.cleary@alfabetinc.com
www.alfabet.de

Elyse Familant
GCC, Inc.
978-725-3637
ElyseF@gccpr.com

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