CA Xtrackers California Municipal Bonds ETF

CA Technologies (CA) recently announced the availability of CA ecoGovernance, a suite that can be used to enhance energy and sustainability practices.

This particular software is expected to help organizations accelerate energy and sustainability business performance with automated data management, analysis and reporting solutions. This new software helps companies to plan and manage projects. Scenario planning and portfolio management also help to ease the supply chain capabilities of its prospective clients.

Real-time key performance indicators (KPIs) that utilize automatic metrics management to manage data streams for increased visibility and will also help to better manage resources to fulfill investment objectives.

CA ecoGovernance solution is the member of CA's ecosoftware family, which helps customers achieve better corporate energy and sustainability management. CA ecosoftware uses enhanced analytics covering multiple areas, including facility performance normalization procedures, taking into account weather data, business travel analysis, and project and portfolio cost benefit analysis specially targeted toward energy, carbon, water and waste reduction initiatives.

This new solution will be beneficial as it uses mobile energy and sustainability interfaces for people to solve their IT issues on-the-go, which includes survey data capture for roaming field staff to interactive dashboards for executives’ mobile devices.

Apart from launching new products and services at regular intervals, the company has been reshuffling its management team in order to promote the innovation of new products and solutions. This apart, the company has adopted certain strategies to drive growth, of which the focus on the SaaS/service provider market is notable.

Other players are also coming up with new products and solutions targeting the software and cloud computing space. The company is pitted against technology stalwarts like IBM Corp. (IBM) and Hewlett-Packard Company (HPQ). Moreover, we believe that tech spending will take some time to pick up and European exposure may continue to pose some challenges over the next few quarters.

The company has a short-term Zacks #3 Rank. (Hold rating).

 
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