Business Edge Services & Technologies, Inc. has been selected by Fairway Markets to design and build a customized Governance, Risk and Compliance (GRC) software application to support their growing needs. The new application will enable Fairway to track compliance against industry standard COSO/COBIT Internal Control Frameworks across various business units, and will be able to scale effectively as Fairway continues to expand its operations.

Some of the goals for the new software include the following: 1) the ability to house all Sarbanes-Oxley (SOX) documentation, 2) the mapping of controls to COSO/COBIT objectives and risks, 3) audit projects and testing, 4) easy expansion to business owner internal control execution and tracking, and 5) integration with current network user accounts for single sign-on (SSO) capability.

Since the application will be implemented as a web-based solution, no additional software will be required for Fairway employees on their devices in order to access the application. Additionally, the software application will be built using a responsive design, which means it will be compatible across the current generation of PCs, laptops, tablets, and other mobile devices. Fairway employees will be able to perform and record audit test results while they are away from their desk.

Fairway expects to achieve savings through reduced labor in the Internal Audit/SOX/Business Owner process, as well as reduced external audit fees related to SOX compliance testing.

Business Edge has specific expertise in both custom software development and SOX/GRC auditing software, and is therefore uniquely qualified to build a tool such as this for Fairway. In addition, the software will be built using scalable application design so that as Fairway’s needs change in the future, the software will be able to expand and meet the growing needs of the company.

Business Edge Services & Technologies is based in New Jersey and was founded in 1997. The company provides custom web based software applications to businesses of all sizes and types utilizing its own in-house team of expert developers. More information can be found at the company’s website – http://www.busedge.com.

If you’d like more information about this initiative, or to schedule an interview with Brandon Spilove, Owner of Business Edge, please call Tamara Robb at 908-835-2990 x212 or email her at trobb(at)busedge(dot)com.

Source:http://www.digitaljournal.com/pr/1159185

Houston-based BMC Software has acquired another Central Texas startup with its purchase of VaraLogix, which helps businesses speed up the release of new software applications.

Financial terms of the deal, announced Wednesday, were not disclosed.

BMC said that combined with its own software, VaraLogix will help companies’ information technology departments reduce problems that can occur when releasing applications.

With the move to cloud computing, businesses are developing and rolling out Web-based applications faster than ever. But many companies still use a manual process to deploy the software, which is time-consuming and can create significant technical problems. Founded in 2010, VaraLogix helps solve the problem by automating the process. Its 15 customers include retailer Wet Seal and brokerage firm Southwest Securities.

VaraLogix, based in Round Rock, has 30 employees. They will join BMC and work at its Austin offices, officials said.

VaraLogix is the third acquisition in recent years by BMC, which employes 6,500 people worldwide, including 222 in Austin. It posted $2.2 billion in revenue in fiscal 2012.

Last year, BMC bought Austin software maker StreamStep, and in 2010, the company purchased Austin-based Phurnace Software.

Austin is on BMC’s radar as a hub for the fast-growing software development method known as DevOps, said Jody Hunt, DevOps lead solution manager at BMC in Austin.

DevOps focuses on improving communication, collaboration and integration between the software developers who build tools and the IT professionals who have to make them work.

“If you’re looking at a heat map in terms of DevOps, Austin is glowing red,” Hunt said. “There’s so much startup activity and great development talent that we’re making Austin app central for BMC.”

VaraLogix was founded by software industry veterans Robin Fuller, Joe Senner and Tim Wall. Senner and Wall previously founded Austin-based software maker Build Forge, acquired by IBM Corp. in 2006.

After the sale, the BuildForge founders joined IBM, where they saw the need for tools to improve the software deployment process, said Doug Miller, VaraLogix vice president of marketing.

“They took a little money they made from the sale and started this company,” Miller said. “They spent the first couple of years building out the technology and it caught BMC’s attention as something that filled a hole in their product line.”

Miller said BMC gives VaraLogix access to a global sales force and customer base as well as product development resources.

“It’s a huge fertile field for us; BMC has more than 20,000 customers and a bigger support organization,” Miller said. “That’s a huge opportunity, and we’re excited.”

Source:http://www.statesman.com/business/houston-software-company-acquires-central-texas-startup-2431340.html