HERNDON, VA – August 31, 2010 – Deltek, Inc. (Nasdaq: PROJ), the leading provider of enterprise applications software and solutions for project-focused businesses, today announced that Concurrent Technologies Corporation (CTC) has chosen Deltek Costpoint CRM and its Document Management solution as part of a company-wide process improvement initiative. Prior to choosing Costpoint CRM, CTC had a homegrown Customer Relationship Management (CRM) system in place to manage its business development activities. In need of a solution that would be more efficient and effective, CTC turned to Costpoint CRM because it offered game-changing functionality and substantially lower total lifetime cost of ownership compared to its legacy system.
Deltek Costpoint CRM is the only comprehensive business development and capture software designed specifically for government contractors. The software provides a full range of lead management, proposal automation and opportunity management capabilities that enable government contractors to make faster, more concise bid decisions. In addition, the innovative, web-based Document Management tool within Costpoint CRM provides access to updated information from anywhere – the office, the road or at a customer location – improving collaboration, version control and access to Costpoint CRM.
“The decision to go with Costpoint CRM is an extension of CTC’s commitment to continuously improve our business processes throughout the Company,” said Edward J. Sheehan, Jr., CTC’s President & CEO. “Costpoint CRM will help our company integrate our business development systems with the remainder of our Deltek accounting systems. Ultimately, this will have a positive impact on our ability to serve our clients and help drive future growth.”
According to George Appley, Senior Vice President and Chief Information Officer, “CTC will leverage the solution to support critical business processes including business development pipeline management, contract and subcontract data management, and knowledge management to standardize on successful best practices. Costpoint CRM will integrate effectively into CTC’s overall corporate IT infrastructure that includes Deltek’s Costpoint applications, as well as open up future opportunities to better automate our forecasting processes.”
CTC’s Senior Vice President and Chief Financial Officer, Margaret DiVirgilio, acknowledged its successful long term relationship with Deltek. “We appreciate Deltek’s past performance as well as its products and services. Costpoint CRM fits neatly into our overall corporate IT infrastructure in concert with the other Deltek systems in use and can be readily adapted to support several major business processes,” she said.
“Deltek Costpoint CRM is the ideal solution for CTC, and it will deliver capabilities that will support CTC’s critical business development processes,” said Carolyn Parent, EVP and General Manager – GovCon for Deltek. “We highly value our long-running partnership with this market-leading company, and we look forward to partnering with CTC as they drive their business to new heights.”
About Concurrent Technologies Corporation (CTC)
Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization providing innovative management and technology-based solutions to government and industry. As a nonprofit 501(c)(3) organization, CTC’s primary purpose and programs are to undertake applied scientific research and development activities that serve the public interest. For more information, visit www.ctc.com.
Deltek (Nasdaq: PROJ) recently acquired Maconomy to create the leading global provider of enterprise applications software and solutions designed specifically for project-focused businesses. For decades, we have enabled government contractors and professional services firms to automate mission-critical business processes around the engagement, execution and delivery of projects. Over 13,000 customers use our solutions to measure business results, optimize performance, streamline operations and win new business. For more information, visit www.deltek.com.
Deltek also offers govWin, the industry’s only online community dedicated to solving common business problems for government contractors. The govWin network delivers unique and specialized content, offers innovative matching capabilities to establish and manage teaming opportunities, and provides applications to identify, pursue, and win government contracts. Over 12,000 registered members, prime contractors, and small businesses are part of the govWin community. For more information, visit www.govwin.com.