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Breaking News in the Project Management World

Thursday, January 19, 2006
MICROSOFT ANNOUNCES NEW INNOVATIONS IN ENTERPRISE PROJECT MANAGEMENT
More than 1,500 business managers, technology professionals and developers gathered in Seattle this week for the sold out Microsoft Office Project and Visio conferences, where Microsoft Corp. CEO Steve Ballmer detailed advances in the upcoming releases of Microsoft Office Project and Microsoft Office Visio. In addition, Ballmer announced the completion of the acquisition of software and intellectual property assets from UMT, a leading project and portfolio management and consulting firm. The acquisition will provide Microsoft with new technology and talent that will complement and expand upon the existing Microsoft Office Enterprise Project Management (EPM) Solution.

"We’re excited because acquiring UMT will help us meet customers' needs for deep portfolio management capabilities," said Ballmer. "By combining our software and expertise, we’ll also create a new range of solution development opportunities for customers and partners."

According to Microsoft, the next release of Microsoft's Enterprise Project Management Solution, code-named Microsoft Office Project "12," has been designed as a critical business application to help companies and business users deliver business results more quickly with an end-to-end, integrated enterprise project and portfolio management solution. Project "12" also delivers new innovations and greater benefits in the areas of visibility and insight, organizational adoption, enterprise readiness and extensibility.

Examples of these new advances include these:
Project "12" is expected to be available as part of the product releases for Microsoft Office "12," the code name for the next version of Office, in the second half of 2006.


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