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

Möglingen (euro adhoc) -

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
technology
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: http://www.forrester.com/Research/Do
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
ISIN: DE000A0BVU28
WKN: A0BVU2
Index: CDAX, Prime All Share, Technologie All Share
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