TOWER Software explained

TOWER Software
Type:Subsidiary of Hewlett-Packard
Foundation:1985
Founder:Brand Hoff
Location:Canberra, Australia
Industry:Computer software
Products:HP TRIM Records Management System software
Homepage:HP Software website
Footnotes:Acquired by Hewlett-Packard in May 2008

TOWER Software was a software development company, founded in 1985 in Canberra, Australia. The company provided and supported enterprise content management software, notably its TRIM product line for electronic records management.

TOWER Software was acquired by Hewlett-Packard Company in 2008 as a part of its HP Software Division.[1] [2]

History

TOWER Software began making records management software in 1985.[3] It shifted to providing electronic document and records management software with the introduction of TRIM Captura in 1998. TRIM Context was released in 2002. In 2004 the company re-branded itself as a provider of enterprise content management solutions.

TOWER Software contributed to the development of international and local standards by sitting on a working group to develop AS4390 (the Australian standard for records management), which influenced the ISO 15489 standard, and by reviewing the MoReq and DoD 5015.2 standards.[4]

In April 2008, TOWER Software shareholders were advised of the company's intention to accept an offer by Hewlett-Packard to acquire the company for approximately US$105 million.[5] At that time, TOWER Software had 1000 customers in 32 countries representing the public sector and highly regulated industries such as healthcare, energy and utilities, and banking and finance.[6]

TRIM Context is now called HP TRIM Records Management System software and is based on the ISO standard 15489 for records management.[7] TRIM software also has U.S. Department of Defense (DoD) 5015.2 certification and adheres to the principles outlined in AS4390.[8]

Recognition and awards

External links

See also

Notes and References

  1. http://media.corporate-ir.net/media_files/irol/71/71087/HP_10K2008_Filed.pdf 2008 Hewlett-Packard Form 10-K
  2. Web site: HP to acquire Canberra-based Tower Software. Tung. Liam. ZDNet. en. 2020-03-24.
  3. http://www.allbusiness.com/technology/software-services-applications-information/6481512-1.html TOWER Software's TRIM Captura Records Management Software Now Available Through U.S. Department of Transportation (8 May 2000). Retrieved 2010-02-14.
  4. http://www.allbusiness.com/technology/software-services-applications-information/6481512-1.html TOWER Software's TRIM Captura Records Management Software Now Available Through U.S. Department of Transportation (8 May 2000).Retrieved 2010-02-14.
  5. News: Sharma. Mahesh. HP to buy Tower Software. Australian IT. 1 April 2008. 1 April 2008.
  6. Web site: HP to Buy E-Discovery Vendor Tower Software - CIO.com - Business Technology Leadership . 2014-07-25 . dead . https://web.archive.org/web/20080704214640/http://www.cio.com/article/325663/HP_to_Buy_E_Discovery_Vendor_Tower_Software . 4 July 2008. . Retrieved 2010-02-14.
  7. The University of Western Australia, "Archives and Records Management Services"http://www.archives.uwa.edu.au/information_about/trim
  8. http://www.allbusiness.com/technology/software-services-applications-information/6481512-1.html TOWER Software's TRIM Captura Records Management Software Now Available Through U.S. Department of Transportation (8 May 2000)
  9. http://www.kmworld.com/Articles/ReadArticle.aspx?ArticleID=18888 KMWorld.com: KMWorld Readers' Choice Award 2006: Tower Software