Business Services Industry

NetBalance Introduces NetGuarantee, the Industry's First Program for Rapid Implementation of IT Asset Management Solutions; Also Teams With KPMG Peat Marwick for Systems Integration

Business Wire, June 8, 1998

GAITHERSBURG, Md.--(BUSINESS WIRE)--June 8, 1998--NetBalance, apidly and wit risk to the customer.

NetGuarantee provides the complete package of services and resources needed to deploy an IT asset managementee solutions.

The NetGuarantee program wi Note to Editors: See related announcement for details about NetBalance's IT Ledger 2.0 IT asset management software suite, that is the basis for NetGuarantee solutions.

To address customer concerns about system costs, NetGuaranteeed solutions are critical to success. "Vendors of IT asset management solutions have to create and deliver comprehensive packages that include integration services and bnagers, said Christopher Germann, Research Director, Gartner Group. "We are constantly looking for solutions on behalf of our clients, which will allow them to implement IT asset management quickly. If companies are to gain access to accurate IT information, leading to greater cost savings and effective decision support, the key is fast cycletime to benefits - as delivered by an effective implementation package."

Raj Ananthanpillai, president and CEO of NetBalance, commented, "IT departments in large organizations today are overburdened and are looking for IT asset management solutions that are cost-effective and designed for rapid implementation. Our NetGuarantee program provides a focused effort with a short time frame, a fixed cost, realistic analysis of payback and savings, and robust integration services (from top- shelf systems integrators like KPMG Peat Marwick) to take the pressure off in-house resources. NetGuarantee is the quickest route to a custom IT asset management solution, built specifically to address the infrastructure and business processes of the customer organization. It can turn IT asset management into a reality - in 90 days or less."

Larry Rodda, a principal at KPMG Peat Marwick LLP, said, "We are very pleased to team with NetBalance in the NetGuarantee program. By providing system integration services to NetBalance customers, we will strengthen the business viability of their IT operations and make it far simpler for corporate management to make informed decisions that involve technology. Organizations have been waiting for the kind of IT asset management solution represented by IT Ledger, and the NetGuarantee program will enable them to take advantage of its benefits quickly and cost-effectively."

As a NetGuarantee integrator, KPMG joins Robbins-Gioia, Inc., which also provides integration support for the program. NetBalance is negotiating with a number of leading vendors to provide NetGuarantee system integration services.

NetGuarantee's Rapid Rollout of IT Asset Management

IT asset management business solutions built under the NetGuarantee program are developed through five major functional stages:

-- Process Analysis - An up-front analysis of how the company currently collects IT asset management data, and determination of how the NetGuarantee program will fit a solution to the company's specific infrastructure and business practices.

-- Process Modeling - Determines how the solution will capture IT asset data from specific sources, and sets specific objectives and goals for the new system. This shows thecan be expected once implementation is complete. access to its IT asset data in ways that are most relevant and that fit "how we want to see our data."

-- Training and Support - A comprehensive program that includes

KPMG International, a leading professional services firm. In the U.S., KPMG partners and professionals provrofessionals in 153 countries and $9 billion in annual revenues. KPMG's Web site is: http://www.kpmg.com.

About NetBalance, Inc.

Founded in 1996 with headquarteets - enabling organizations to bring real business discipline to IT. IT Ledger's unique universal agent technology and Java-based data collection tools make it practical to import data from existing sources and to capture activity cost events on an on-going basis. NetBalance is a privately held company. For more information, contact NetBalance, Inc., One Bank Street, Suite 350, Gaithersburg, Maryland 20r trademarks and registered trademarks are the property of their respective owners.

    CONTACT: Parker, Nichols & Company, Inc.
              Patrick McShane or Brenda Nichols
              (978) 369-2100

              with Hyperlinks to your home page.
                          URL: http://www.businesswire.com


COPYRIGHT 1998 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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