Skip navigation

18 March 2008

Press Release

Washington DC, USA

Strategic Thought, the author and vendor of market-leading risk management software Active Risk Manager has opened new offices in the cities of Dallas, Texas and Los Angeles, California. Head-quartered in Washington DC since 2004 Strategic Thought Inc is responding to increased demand for Active Risk Manager across the US.

From its beginnings in the world of aerospace and defence Strategic Thought has seen growth in new markets such as construction, energy, infrastructure, transportation and engineering driven by initiatives in enterprise risk management putting risk management at the centre of an organization’s decision making and performance strategy.

The new offices will accommodate Strategic Thought’s growing team of sales, technical support, finance and operational staff involved in the support of major US organizations including Lockheed Martin, Northrop Grumman, NASA and Raytheon.

Chuck Hixson, President of Strategic Thought Inc commented, “These are exciting times for Strategic Thought. While regulatory and compliance mandates such as Sarbanes-Oxley and Basel II are driving the requirement for risk management software; more and more organisations also have a desire to incorporate risk within the enterprise to improve business performance. By extending our reach across the US we are able to support customers with local training, meeting areas and sales and technical support. We have also hired experienced US nationals in all our offices and continue to recruit to support this expansion.”

Strategic Thought was recently included in an independent evaluation of the GRC market in The Forrester Wave: Enterprise Governance, Risk and Compliance Platform Q4 2007, Inc. In its latest evaluation of 15 leading Enterprise GRC platform vendors, Forrest identified “Active Risk Manager as a leader for risk” and a “Strong performer in the overall Governance, Risk and Compliance software market.”

Strategic Thought can be contacted on (703) 673 9580 or at www.strategicthought.com

- ENDS –

About Strategic Thought Group Plc

Strategic Thought was founded in 1987 in the UK and opened offices in the US in 2004. Strategic Thought is a technology and services company that provides world-class risk management software and solutions to many of the globe’s largest organizations. Active Risk Manager is the world’s most widely-deployed enterprise risk management software solution, with over 25,000 users from over 80 organizations on 5 continents.

For further information please visit: www.strategicthought.com

Or contact:

Chuck Hixson
President, Strategic Thought Inc
T: (703) 673 9580

Chuck.hixson@strategicthought.com


Or

Mary Phillips/Andreina West
PR Artistry Limited
T: +44 (0)1491 636500
mary@pra-ltd.co.uk







This press release was distributed by ResponseSource Press Release Wire on behalf of PR Artistry in the following categories: Computing & Telecoms, for more information visit http://pressreleasewire.responsesource.com/about.