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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD

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To: Randy Ellingson who wrote (2259)3/17/1998 1:27:00 PM
From: J.R.  Read Replies (1) of 3115
 
Rational's RequisitePro Requirements Management Tool Will Lead High-Growth
Requirements Management Windows Market in 1998

CUPERTINO, Calif., March 17 /PRNewswire/ -- The Standish Group, a leading,
independent market and technology research firm today released a special
COMPASS report titled "What Are Your Requirements?" ranking Rational(R)
Software Corporation's RequisitePro(TM) as the industry's fastest growing,
Windows-based requirements management tool. This report signifies the growth
and relevance of the emerging requirements management market and points to
Rational as the leading Windows-based requirements management tool provider in
1998.
The trends fueling the growth of the $35 million requirements management
tools market, according to the report, include: the integration of
requirements management tools into product suites that address the full
software development lifecycle, the year 2000 challenge, an emphasis on
project management, and ease of adoptability of the requirements management
discipline. The Standish Group also projects that the annual growth rate of
the requirements management tools market is 50%.
According to the report, "Requirements management tools are an emerging
market with explosive potential. Requirements are the basic ingredient of
every single IT project; there is no limit to the areas in which the tools can
be applied."
"The Standish Group was one of the first to understand and quantify the
significant contribution of requirements management to software project
success. We are pleased to see technology research firms recognize
requirements management as a discipline and actively follow the market,"
stated Roger Oberg, vice president and general manager of Rational's
requirements management products. "We respect and appreciate that they
identify RequisitePro as a market leader and remain committed to enabling the
customer successes that made this finding possible."
"By integrating RequisitePro with the Rational product family and
addressing the full software development lifecycle, Rational is increasing the
impact of requirements management on project success," stated Anita Berryman,
project management analyst with The Standish Group. "This ability to leverage
the impact of effective requirements management is key to Rational's
leadership position in this market."
The full report, "What Are Your Requirements?," is available to COMPASS
subscribers by contacting The Standish Group at 508-385-7500, or by visiting
The Standish Group Website at www.standishgroup.com.
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