diff --git a/IPython/testing/iptestcontroller.py b/IPython/testing/iptestcontroller.py
index 498e6da..ce8bc80 100644
--- a/IPython/testing/iptestcontroller.py
+++ b/IPython/testing/iptestcontroller.py
@@ -29,8 +29,9 @@ import subprocess
 import time
 
 from .iptest import have, test_group_names as py_test_group_names, test_sections
+from IPython.utils.path import compress_user
 from IPython.utils.py3compat import bytes_to_str
-from IPython.utils.sysinfo import sys_info
+from IPython.utils.sysinfo import get_sys_info
 from IPython.utils.tempdir import TemporaryDirectory
 
 
@@ -270,8 +271,20 @@ def do_run(controller):
 
 def report():
     """Return a string with a summary report of test-related variables."""
+    inf = get_sys_info()
+    out = []
+    def _add(name, value):
+        out.append((name, value))
 
-    out = [ sys_info(), '\n']
+    _add('IPython version', inf['ipython_version'])
+    _add('IPython commit', "{} ({})".format(inf['commit_hash'], inf['commit_source']))
+    _add('IPython package', compress_user(inf['ipython_path']))
+    _add('Python version', inf['sys_version'].replace('\n',''))
+    _add('sys.executable', compress_user(inf['sys_executable']))
+    _add('Platform', inf['platform'])
+
+    width = max(len(n) for (n,v) in out)
+    out = ["{:<{width}}: {}\n".format(n, v, width=width) for (n,v) in out]
 
     avail = []
     not_avail = []
@@ -385,17 +398,16 @@ def run_iptestall(options):
     print('_'*70)
     print('Test suite completed for system with the following information:')
     print(report())
-    print('Ran %s test groups in %.3fs' % (nrunners, t_tests))
-    print()
+    took = "Took %.3fs." % t_tests
     print('Status: ', end='')
     if not failed:
-        print('OK')
+        print('OK (%d test groups).' % nrunners, took)
     else:
         # If anything went wrong, point out what command to rerun manually to
         # see the actual errors and individual summary
         failed_sections = [c.section for c in failed]
         print('ERROR - {} out of {} test groups failed ({}).'.format(nfail,
-                                  nrunners, ', '.join(failed_sections)))
+                                  nrunners, ', '.join(failed_sections)), took)
         print()
         print('You may wish to rerun these, with:')
         print('  iptest', *failed_sections)
diff --git a/IPython/utils/path.py b/IPython/utils/path.py
index f75af64..367fea7 100644
--- a/IPython/utils/path.py
+++ b/IPython/utils/path.py
@@ -88,6 +88,13 @@ def unquote_filename(name, win32=(sys.platform=='win32')):
             name = name[1:-1]
     return name
 
+def compress_user(path):
+    """Reverse of :func:`os.path.expanduser`
+    """
+    home = os.path.expanduser('~')
+    if path.startswith(home):
+        path =  "~" + path[len(home):]
+    return path
 
 def get_py_filename(name, force_win32=None):
     """Return a valid python filename in the current directory.
diff --git a/IPython/utils/sysinfo.py b/IPython/utils/sysinfo.py
index 69abde2..a61c764 100644
--- a/IPython/utils/sysinfo.py
+++ b/IPython/utils/sysinfo.py
@@ -93,6 +93,11 @@ def pkg_info(pkg_path):
         default_encoding=encoding.DEFAULT_ENCODING,
         )
 
+def get_sys_info():
+    """Return useful information about IPython and the system, as a dict."""
+    p = os.path
+    path = p.dirname(p.abspath(p.join(__file__, '..')))
+    return pkg_info(path)
 
 @py3compat.doctest_refactor_print
 def sys_info():
@@ -112,11 +117,8 @@ def sys_info():
          'sys_executable': '/usr/bin/python',
          'sys_platform': 'linux2',
          'sys_version': '2.6.6 (r266:84292, Sep 15 2010, 15:52:39) \\n[GCC 4.4.5]'}
-   """
-    p = os.path
-    path = p.dirname(p.abspath(p.join(__file__, '..')))
-    return pprint.pformat(pkg_info(path))
-
+    """
+    return pprint.pformat(get_sys_info())
 
 def _num_cpus_unix():
     """Return the number of active CPUs on a Unix system."""