Joining me today are Scott Davis, our CEO, and Kurt Kuehn, our CFO, along with Chief Operating Officer David Abney, International President Jim Barber, President of U.S. Operations Myron Gray, and UPS Chief Sales and Marketing Officer Alan Gershenhorn.
What it is: Assets under management (AUM) refers to the total market value of investments managed by a mutual fund, money management firm, hedge fund, portfolio manager, or other financial services company.
Abbreviated as ALM, Application Lifecycle Management refers to the capability to integrate, coordinate and manage the different phases of the software delivery process. From development to deployment, ALM is a set of defined process and tools that include definition, design, development, testing, deployment and management. Throughout the ALM process, each of these steps are closely monitored and controlled.