Precise Software Solutions

Precise Software Solutions has a complex history marked by multiple acquisitions, resulting in two distinct entities operating under a similar name.

The original Israeli-American company, founded in 1990, specialized in application performance management (APM) software. This company, led by CEO Shimon Alon from 1997 to 2003, developed the Precise i3 suite, a comprehensive solution for monitoring and analyzing application infrastructure to detect and correct performance issues. In a significant move to expand beyond storage management into the APM market, Veritas Software announced its acquisition of Precise Software Solutions in December 2002 and finalized the deal for approximately $609 million in June 2003. The product line was subsequently acquired by Idera, Inc. in July 2013 and now operates as a brand within Idera's portfolio. This product, the Precise Application Performance Platform, offers end-to-end monitoring of business transactions across physical, virtual, and cloud infrastructures, supporting platforms like SAP, Oracle, and PeopleSoft.

Separately, another entity named Precise Software Solutions, Inc. was founded in 2003 by Dr. Zhensen Huang, who serves as the current CEO. This U.S.-based company is a trusted IT services provider for government agencies, focusing on modernizing legacy systems in the public sector. It offers a range of services including strategic consulting, systems modernization and integration, digital transformation, cloud implementation, and data analytics. Key clients include federal agencies such as the FDA and IRS. This firm leverages its CMMI Level 3 status and SBA 8(a) certification to deliver agile and innovative solutions, helping government organizations enhance the efficiency and security of their IT programs.

Keywords: application performance management, transaction performance management, IT services, government contractor, systems modernization, digital transformation, cloud implementation, data analytics, public sector IT, database monitoring, Veritas Software, Idera Inc, end-to-end monitoring, SAP performance, Oracle performance, legacy system modernization, federal agencies, IT consulting, application infrastructure, mission enablement