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Tenrox Announces Significant New Customer Wins in Third Quarter, Maintains Strong Positive Momentum
New Customer Wins Include Global Leaders in a Variety of Industry Segments
Glendale, California - November 25, 2008
Tenrox, the leading provider of on-demand project workforce management solutions, today announced that it has added a number of new and significant customers in the third quarter of 2008 to its already notable list of mid market and Global 2000 clients.
During the last quarter of 2008, Tenrox secured relationships with project-based organizations in a variety of industries, including IT consulting, energy and utilities, insurance, financial services, retail, and manufacturing. The new Tenrox customers, whose businesses cut across international and domestic markets and borders, include IBM (IT), SNC Lavalin (engineering), The Related (real estate), Northrop Grumman Corp. (aerospace & defense), Invitrogen (biotechnology), Axsium Group (consulting), Estée Lauder (retail), and Eaton Corporation (manufacturing).
Tenrox also boasts a series of notable wins in previous quarters including:
Mary Kay Cosmetics, The Coding Source, Labvantage, Triple Point Technology, Family Health International, Carestream Health, Openlink Financial, Healthcare Management Systems (HMS), WorldWater & Solar Technologies, Gemcom Software, RGA Toronto, and Getronics.
"Investing in high-impact technologies is imperative for success in today's business environment," said Rudolf Melik, CEO of Tenrox. "Tenrox continues to gather momentum in the On-demand Project Workforce Management space because more and more companies are recognizing the importance of managing dispersed teams, projects and customers using one system of record instead of manual processes, costly spreadsheets or patched legacy software. This is even more true with the current economic situation."
With corporate compliance capabilities and the ability to leverage existing technologies becoming essential elements of an enterprise's success, CFOs and IT decision-makers at some of the world's largest and most admired companies are increasingly turning to Tenrox to obtain more accurate and in-depth insights into their overall financial and operational health. Tenrox continues to gain recognition as a Project Workforce Management visionary for its ability to optimize and unify Time Tracking, Cost Accounting, Project Billing, Project Management and Resource Planning processes within a user-friendly Microsoft environment and by leveraging existing applications.
About Tenrox
Tenrox online project management software solutions empower client companies to meet the challenges of globalization, enterprise fragmentation and increased regulatory scrutiny. Available on-demand or on-premise, Tenrox solutions have served more than 800 organizations in 50 countries, maximizing project and resource management efficiency, data security and reliability. Since 1995, Tenrox has been offering its project management software tools to several, high profile clients such as GE Infrastructure -GE Fanuc, Rio Tinto Alcan, E*TRADE Financial Corp, Blue Cross Blue Shield NC. Alstom, IBM, SNC Lavalin, Hydro Quebec, Pioneer Natural Resources, Westinghouse Rail Systems, SAS, Thales, US Army, The Pentagon, Talisman Energy, Oxfam, Thermo Fisher Scientific, Estee Lauder and Wyeth. Tenrox project management software is available through direct sales channels and a network of worldwide partners. For more information about the company or its award-winning family of products, go to www.tenrox.com.
Media Contact:
Marie Melchiorre
Tenrox Public Relations
877-483-6769 Ext. 4603
publicrelations@tenrox.com
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