European Bank Embarks on Legacy Modernization with Ciber Momentum™
GREENWOOD VILLAGE, Colorado, April 8, 2016 /PRNewswire/ -- Ciber, Inc., a leading global IT consulting company, today announced the first European agreement for Ciber Momentum™ – a proprietary platform that enables organizations to modernize their IT environment faster and with fewer specialized resources and less risk than traditional methods.
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The first step in the framework agreement is a paid proof of concept for software modernization using Ciber Momentum Engineer™. Upon successful completion, the client, a European bank, is expected to sign an engagement to modernize and migrate the first of their core applications to a private cloud.
By transforming from a legacy architecture to a modern, object-oriented architecture, the company's IT department will be better positioned to respond to ongoing business demands, including regulatory changes. This architectural optimization will enable the bank to drive innovation and speed in the marketplace, while performing system changes with minimum effort and maintenance.
"We are excited to bring our Ciber Momentum solution to Europe," said President and Chief Executive Officer Michael Boustridge. "By launching this partnership, we expect to transform this bank's IT environment, positioning them to outperform the competition."
Ciber Momentum allows clients to re-imagine their enterprise architecture without the constraints of legacy approaches. Organizations are no longer restricted to merely re-writing old systems in new languages. This tool will enable clients to build a completely modern enterprise without losing the important business logic embedded in their legacy systems.
About Ciber, Inc.
Ciber is a global IT consulting company with approximately 6,000 employees in North America, Europe and Asia/Pacific, and nearly $1 billion in annual business. Ciber partners with organizations to develop technology strategies and solutions that deliver tangible business value. Founded in 1974, the company trades on the New York Stock Exchange (NYSE: CBR). For more information, visit www.ciber.com and follow us on Twitter, LinkedIn, Facebook, Google Plus and our blog.
Press Contact:
Kelly Butler
Global Communications
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KButler@ciber.com
Scott Kozak
Investor Relations
+1 303.967.1379
SKozak@ciber.com
© 2016 Ciber, Inc. All rights reserved. Ciber, the Ciber logo, and the names and marks associated with Ciber's products are trademarks and/or service marks of Ciber, Inc. and are registered and/or common law marks in the United States and various other countries. All other trademarks are property of their respective owners.
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