ManageSoft Posts Strong 67% Revenue Growth
Market Wire, February, 2008
ManageSoft -- the leading supplier of Enterprise Software Management solutions -- announced today that the company has achieved near record revenue in the fourth quarter of calendar 2007. Revenue grew a stellar 67% over the same calendar quarter in 2006. In addition, the establishment of its new global customer care division contributed to very high customer satisfaction levels and high maintenance revenue.
The company attributes its success to the demand for its flagship Enterprise Compliance Manager software to address the out-of-control licensing complexity problems faced by its customers. The rapid emergence of virtualization, multi-core licensing, and the increased use of datacenter application delivery has greatly amplified the license entitlement dilemma.
Enterprise Compliance Manager provides breakthroughs in both enterprise-wide license entitlement and software investment optimization. This product handles a broad range of license types and exposes out of compliance situations, as well as, savings opportunities by processing multiple data sources including: asset inventory, software usage, contract terms, purchase order data, and its application recognition library.
"The launch of our Enterprise Compliance Manager software has been a resounding success, as evidenced by fast sales growth in all geographies," declared Alan Swahn, ManageSoft's vice president of marketing and business development.
About ManageSoft
ManageSoft is the leading supplier of Enterprise Software Management solutions for asset recognition, license entitlement, purchase optimization, and software/OS deployment. We enable a quick asset, contract, and entitlement baseline to be established, immediate notification of compliance drift from policies and terms, and recommendations for resolution.
Our products are based on open industry SAM, ISO and ITIL standards and ManageSoft contributes to defining future standards with membership in IBSMA, IAITAM, itSMF, BSA, and Microsoft SAM. ManageSoft has developed key business partner relationships with IBM, Microsoft (Gold Certified), and Siemens services. The company is headquartered at 101 Federal Street, Boston, MA. 02110. Telephone: 1.617.532.1600, Fax: 1.617.532.1605, Email: ITcompliance@managesoft.com , Websites: ManageSoft.com or ContinuousITCompliance.com
ManageSoft and Enterprise Compliance Manager are trademarks or registered trademarks of ManageSoft, Incorporated. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.
For more information, contact: Alan Swahn VP of Marketing and Business Development ManageSoft Corporation 1.617.532.1630 alan.swahn@managesoft.com
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article



