Ambassadors International Launches Event Portfolio Management 2.0
Unique Strategic Management Solution For Meetings and Events Management, Measurement, and Consolidated Procurement Enables Large Organizations To Address “Black Hole” of Corporate Spending NEWPORT BEACH, CA – NOVEMBER 3, 2003 – In response to business’ growing need for solutions to control costs, improve measurability, and increase the ROI of their meetings and events, Ambassadors has upgraded its category-leading Event Portfolio Management enterprise software solution with enhanced Enterprise Event Calendar, Event Lifecycle Management, and Event Business Intelligence capabilities. Also, Event Portfolio Management 2.0 incorporates for the first time full integration with Ambassadors Global Events Purchasing outsourced procurement solutions. With these enhancements, Ambassadors increases its lead in providing secure, scalable, enterprise-class management solutions that streamline operations, improve management control, and generate substantial cost savings for its corporate clients. Enterprise Calendars Provide Visibility, Cost Savings, and Point of Control Many companies have no idea how many organized meetings and events they execute every year. With no consolidated event calendar, event planners lack the schedule visibility to avoid duplicate or overlapping events, and event-marketing departments frequently are often forced to incur rush charges. Event Portfolio Management gives corporate management and staff complete visibility into the full meeting and event calendar, so they can prevent duplicate events and avoid being blind-sided with late notice of scheduled events. The Enterprise Event Calendar’s advanced, flexible search and filter capabilities make it easy identify any set of events, even among hundreds of events per year. Plus, as companies adopt an enterprise event calendar, they establish a centralized point of control that enables them to apply other best practices, such as consistently capturing objectives and metrics for every meeting and event. Lifecycle Management Drives Consistent Measurement, Which Enables Optimization Event Portfolio Management breaks the barriers that prevent management from optimizing their meetings and events. The first barrier is consistent measures – Event Portfolio Management systematizes the setting of objectives and metrics for every meeting and event. The mere act of ensuring that every meeting and event has clear, measurable objectives and metrics consistently improves overall performance. The second barrier is consistent evaluation – too often, post-event evaluation is inconsistent and not comparable. Event Portfolio Management ensures that every meeting and event is consistently measured relative to its objectives and metrics. Consistent measures give management the information it needs to optimize performance. Business Intelligence for Meetings and Events Turns Information Into Insight Businesses understand the benefits of applying analytics to the data generated from their finance, enterprise resource planning (ERP) and customer relationship management (CRM) systems. Event Portfolio Management allows management to apply the same rigor to meetings and events. It provides constantly updated visual dashboards that provide 60-second overview of event portfolio performance, including trends, hot items, and performance relative to budget. It’s sophisticated management reporting generates insights into which meetings and events are performing best relative to plan and budget, and why. Outsourced Global Events Purchasing – The Full-Service Consolidation Solution With Guaranteed Savings Typical meetings and events consolidation solutions involve complicated online RFP and online marketplace technologies. Ambassadors provides a full-service alternative. Powered by Event Portfolio Management’s Event Lifecycle Management, Global Events Purchasing is a full-service outsourced service approach that frees meeting and event staff to focus on achieving business objectives instead of part-time procurement. By serving multiple Global 5000 organizations, Ambassadors has established a preferred negotiating position with leading global hotel, group air, DMC, and other service providers. This purchasing power enables Ambassadors to deliver guaranteed savings along with its full-service solutions. An Enterprise-Class, Globally Accessible Web-based Infrastructure Event Portfolio Management 2.0 is built on a modern, 3-tier Web application infrastructure utilizing Web-based user interfaces, J2EE application logic running on Weblogic or JBoss application servers, and an integrated Oracle 9i database backend. Based on an advanced workflow platform, Event Portfolio Management is highly configurable to meet customers’ specific needs. Event Portfolio Management is most commonly deployed as an Application Service hosted by Ambassadors, and can also be deployed by customers within their datacenters. Availability Event Portfolio Management 2.0 is available immediately. Pricing depends upon specific customer requirements and configuration options. About Ambassadors International Ambassadors International (Nasdaq “AMIE”), based in Newport Beach, CA, is a leading provider of strategy, software and services for events and other marketing-related activities. Serving the corporate, association and tradeshow markets, Ambassadors core offerings include meetings and conference management, incentive travel planning and management, event management software, event housing management services, event registration services, event promotion, attendee and exhibition management, entertainment and travel mangement. In 2001/2002, Ambassadors International was rated a Forbes 200 Best Small Company. Ambassadors has offices in Atlanta, Chicago, San Diego, San Francisco and Washington, DC. More information can be found at http://www.ambassadors.com/. Ambassadors International, Event Portfolio Management, and Global Events Purchasing are Trademarks or Registered Trademarks of Ambassadors International, Inc. All other trademarks are the property of their respective owners. # # # |