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2nd Half ARM Wins! (28/03/2008)
Strategic Thought, the owner of world class enterprise risk management software Active Risk Manager (ARM), has announced that it has signed 14 new deals in the second half of the 2008 financial year.
Strategic Thought Group is pleased to announce exciting new customers of its market leading enterprise risk management software, Active Risk Manager (ARM) in both Europe and the United States. During the second half of the year the business signed contracts with 8 new customers and saw the use of ARM extended with several existing customers.
Active Risk Manager is a comprehensive, web-based enterprise risk and opportunity management software solution.
This continued growth shows commitment both to the value of ERM to business performance as well as to the achievable benefits delivered by ARM.
Active Risk Manager continues to build on its position as the leading solution to the aerospace and defence sector globally: the United States Air Force has selected ARM for Acquisition Portfolio Risk Management.
Other new clients in the defence and aerospace industry include General Atomics, the high-technology company, makers of the Predator UAV, a remotely operated surveillance aircraft used by the US Military on operations worldwide.
Strategic Thought is also delighted to welcome, amongst others, Roche, the global pharmaceutical company, Linde, the gas and engineering company, and the Hydrographic Society (UK) into the ARM User Community.
Existing customers who have extended their use of ARM include EADS, General Dynamics, Lockheed Martin Missile Systems, Northrop Grumman Mission Systems, and Raytheon. BAE has also purchased further licences.
Chuck Hixson, President of Strategic Thought Inc said, “It is very exciting to me to have joined Strategic Thought and to see us generating growth in excess of our expectations this year. It is extremely rewarding to be working with such prestigious customers such as USAF, BAE Systems, General Atomics and EADS.”
Martin Metcalf, CEO concluded, “I am delighted with the progress in both Europe and North America. These wins signify growing confidence and demand for our world class products and services.”
Additional information on the new customer’s use of Active Risk Manager will be available in the coming months.