Managed Objects Releases White Paper on the Present and the Future of IT Cost Management; Enterprise Management Associates sees greater prioritization of IT cost control as organizations and toolsets mature

Business Wire, May 18, 2006

MCLEAN, Va. -- Managed Objects, the Business Service Management Company, announced today it has released a new White Paper authored by leading analyst firm Enterprise Management Associates (EMA), entitled "Managing IT Costs - Today's Reality, Tomorrow's Vision." In addition to affording an in-depth view into current approaches to IT cost control, the paper also outlines the goals to which business leaders and technology managers are aspiring and the new capabilities leaders are seeking in their efforts to achieve them. E[acute accent]To download the just-released white paper, go to: www.managedobjects.com/whitepapers E[acute accent]EMA analyzed data collected by Managed Objects through a survey designed to report on IT cost management entitled Measuring and Optimizing the Cost of IT: A Progress Report. The white paper includes an overview of general IT spending and management trends, factors impeding effective cost control and current corporate strategies for controlling costs as well as a perspective on what organizations will demand from future technology management solutions.

E[acute accent]Specifically, the paper explores:

E[acute accent]--IT spending priorities and the roles of IT seen as most important to the corporate bottom line E[acute accent]--Business and IT leaders' satisfaction levels with IT cost control E[acute accent]--The most commonly practiced methods for cost measurement E[acute accent]--The need for and potential benefits of more granular IT cost data E[acute accent]--Preferred capabilities from an IT cost control application

E[acute accent]"Without good data, top management can't easily see the value of the IT services the organization pays for," said Lisa Erickson-Harris, Research Director for EMA. "But whether as a cause or an effect of the emergent adoption of process management, IT is maturing in its organization and management skills. And the tools to meet the need for greater financial oversight, with easier and more granular accuracy, are just beginning to appear." E[acute accent]For more information on the survey conducted by Managed Objects, please contact info@managedobjects.com.

E[acute accent]About Enterprise Management Associates, Inc.

E[acute accent]Enterprise Management Associates, Inc. is the fastest-growing analyst firm focused on the management software and services market. EMA brings strategic insights to both vendors and IT professionals seeking to leverage areas of growth across e-business, network, systems, and application management. Enterprise Management Associates' vision and insights draw from its ongoing research and the perspectives of an experienced team with diverse, real-world backgrounds in the IT, service provider, ISV, and publishing communities, and is frequently requested to share their observations at management forums worldwide.

E[acute accent]About Managed Objects

E[acute accent]Managed Objects is the Business Service Management Company. Companies use our solutions to more effectively monitor, manage, and model their IT enterprise. Our unique service perspective overlays existing management tools so complex IT infrastructures can be managed, not as a set of components, but rather as the set of services that IT delivers to the business - services like order processing, e-commerce, online trading, or email. Companies that use Managed Objects realize measurable improvements in IT service quality, cost savings, and increased IT responsiveness.

E[acute accent]A venture-backed company headquartered in McLean, VA, with operations in the U.S., Europe, and Asia Pacific, Managed Objects is consistently acknowledged by the analyst community as best in class. Industry leaders like AIB, Auchan, CSC, Credit Suisse, DISA, Fidelity Investments, JPMorganChase, Progress Energy, Reuters, TIAA-CREF and other global organizations rely on Managed Objects BSM technology. That is why Managed Objects has more BSM implementations in place than any other company. For more information, visit www.managedobjects.com.