Collaborative Software Initiative partners with CollabNet(R) for
development of open source compliance applications among competitors
PORTLAND, Ore., Oct. 23 /PRNewswire/ -- Collaborative Software
Initiative (CSI), which introduces a market-changing process that applies
open source methodologies to business communities facing common IT
challenges, today announced it is partnering with CollabNet, the leading
provider of collaborative software development solutions for distributed
organizations.
CSI will use CollabNet's development platform to facilitate
collaboration among its customers to share the cost of meeting the same
compliance, regulatory and public service requirements.
An increase in the number and complexity of compliance and regulatory
requirements in sectors such as financial services and government led to
the formation of CSI earlier this year. CSI solves shared enterprise IT
problems by bringing together companies within the same industries to
develop software at a fraction of the cost. It's currently working with
financial services firms and state and local government agencies to develop
compliance applications that address today's most critical issues.
"Entire industries are looking at new ways to develop internal software
applications while saving time and money. CSI has put all the right pieces
in place to enable this new development strategy and CollabNet will help us
to further deliver on the transformation taking place in IT departments,"
said Stuart Cohen, CEO of CSI. "CollabNet is one of the leading pioneers in
software development and also shares our philosophy on open source models,
which makes them a natural partner for us."
"CSI is taking both open source and collaboration to a new level with
its innovative business model -- a model that is saving business and IT
managers valuable time and money while at the same time accelerating
innovative applications," said Bill Portelli, CEO of CollabNet. "We're very
interested in the work we're doing with CSI and are happy to provide the
platform needed to facilitate distributed and collaborative development
where teams work together across regions, time zones and companies."
CSI forms communities based on common IT requirements within vertical
industries and provides essential functions for developing Collaborative
Software. This includes project management, development, testing and
support for the code. CSI offers the software to a broad base of customers
under the open source licensing or Software as a Service (SaaS) models.
About Collaborative Software Initiative
Collaborative Software Initiative (CSI) was founded in 2007 by Stuart
Cohen, a veteran IT executive and former chief executive officer at the
Open Source Development Labs. Cohen has partnered with Evan Bauer,
financial services industry veteran and former chief technology officer at
Credit Suisse, to bring together like-minded companies to build software
applications at half the cost of outsourcing. CSI introduces a
market-changing process that applies open source methodologies to building
Collaborative Software -- software developed or acquired by a variety of
companies at a fraction of internal developer or outsourcing costs. For
more information, please visit http://www.csinitiative.com.
Media Contacts
Jennifer Cloer (west coast) Steph Johnson (east coast)
Page One PR Page One PR
503-867-2304 212-410-2254
Jennifer@pageonepr.com steph@pageonepr.com
SOURCE Collaborative Software Initiative
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Related links:
http://www.csinitiative.com
CONTACT:
west coast, Jennifer Cloer, +1-503-867-2304,
Jennifer@pageonepr.com, or east coast, Steph Johnson,
+1-212-410-2254, steph@pageonepr.com, both of Page One PR for
Collaborative Software Initiative
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