USU Software AG

EANS-News: USU Named a Market Leader in IT Asset Life-Cycle Management

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Möglingen (euro adhoc) - Despite the current economic crisis, the market for solutions to optimize the life-cycles of IT equipment, from procurement to disposal, is growing rapidly.

In fact, the analysts at the international market research company Forrester Research have noted a 24% growth in this segment from 2008 to 2009 alone. Worldwide, the proceeds from such services is expected to increase to 1.04 billion USD in 2009. The April 2009 report titled The Forrester Wave™: IT Asset Life-Cycle Management, Q2 2009, also names USU as a leader in this market. In "The Forrester Wave" report, the analysts evaluated software manufacturers with respect to their current offering, strategy and market presence. According to the report´s summary "USU software is extremely function-rich and able to compete well with the rest of the full-blown IT asset life-cycle management and IT service management (ITSM) suites out there".

The Forrester ITALM Wave report evaluated the software offered by 11 manufacturers. The report applies 81 criteria in investigating all processes that are relevant to the life-cycle of IT assets. Among them are important disciplines such as procurement functionality, vendor management, license management and contract management, all of which companies can use to bring about real, comprehensive cost savings.

USU was the only European provider among the companies examined. Forrester´s analysts rated Valuemation® as follows: "It offers a complete suite of fully integrated solutions that closely follows the ITIL® model of IT service management, with ITALM as part of the solution set. The solution has strong financial management capabilities."

Forrester also recognized USU´s international strategy: "The company has a very strong presence in EMEA, especially in Germany, but is pushing to increase its market presence in North America. (…) This German company is continuously expanding and improving its solution set. The company just recently hired a new vice president who will work on aggressively expanding USU´s presence into North America and other countries in Europe."

The Forrester report, called the "The Forrester Wave™: IT Asset Life-Cycle Management, Q2 2009" was released on April 10, 2009. For further information, please see: cument/Excerpt/0,7211,44904,00.html

USU has been involved in IT management since 1988. Valuemation® is the third generation of its IT management suite. Its comprehensive approach also includes process models tested in many projects. These process models comply with ITIL® guidelines for well-conceived, cost-efficient IT services.

"Our view of IT Asset Life-Cycle Management goes beyond purely technical issues and places particular emphasis on the business side. With our Valuemation® product line, we´re bundling full, comprehensive knowledge of IT on the business, strategic and technical levels.. This reflects our belief that our strategy for providing a business-oriented IT service management is, in fact, the right one," stated Bernhard Oberschmidt, CEO of USU AG.

end of announcement                               euro adhoc

Further inquiry note:

Gerick Thomas

Branche: Software
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