Information Technology Works, Inc. (abbreviated IT Works) was founded in 1987 by Jim Wrenn as a United States based, privately owned niche software development

Software development

Software development is the development of a software product...

 company that specializes in automating the administration of universities, hospitals and scientific research programs. The company offers software that managaes the financial, personnel and grant (money)

Grant (money)

Grants are funds disbursed by one party , often a Government Department, Corporation, Foundation or Trust, to a recipient, often a nonprofit entity, educational institution, business or an individual. In order to receive a grant, some form of "Grant Writing" often referred to as either a proposal...

 management software for college, university, research and healthcare administrators. Their products include "College Administrator", "Department Manager", "Department Accountant", and "Effort Administrator".

Located in Raleigh, North Carolina near Research Triangle Park

Research Triangle Park

The Research Triangle Park is a research park in the United States. It is located near Durham, Raleigh, and Chapel Hill, in the Research Triangle region of North Carolina...

, IT Works has installed over 225 financial and grant management solutions in 85 major universities and research hospitals in the U.S. and Canada over the past 22 years.

Products

The research budget for the federal government of the United States was $147 billion for the fiscal year 2011. According to the OECD government research grants represent about ten percent of the entire research sector. In the United States alone, research grants from public and private sources total more than $1 trillion dollar per year.

IT Works publishes Effort Administrator, a web application

Web application

A web application is an application that is accessed over a network such as the Internet or an intranet. The term may also mean a computer software application that is coded in a browser-supported language and reliant on a common web browser to render the application executable.Web applications are...

 that automates the tracking of research effort

Performance Measurement

Performance measurement with a process is the complement to process execution. Based on measured performance, the feedback control loop may be closed. The metrics to assess performance is set according to a determined econometric model...

(performance measurement) for the purpose of justifying and administering research grants.

Leadership

Jim Wrenn, the company's original founder, presently serves as the CEO. Wrenn holds a Ph.D. in Biomedical Technology from the University of North Carolina, Chapel Hill, and has spent his career managing the creation of facility and human resources management software for public institutions such as universities and hospitals.

Product Development

IT Works participates in several trade shows each year to receive feedback from people who have ideas on grant management, financial and database software applications. The company develops new products based upon client feedback.