Wall Street & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Trading Technology

02:23 PM
Connect Directly
RSS
E-Mail
50%
50%

Peregrine Helps Cut IT Costs

Peregrine Systems enhanced its IT asset management product, AssetCenter, which provides firms with a clear, updated view of the physical, financial and contractual aspects of information technology and related assets throughout the organization. Unlike previous releases, which only captured contractual details of acquired technology, however, AssetCenter 4.4 includes a new Software Asset Management module that monitors the usage of software in the enterprise environment. The module compares the actual usage against contract terms and produces reports showing that the firm is (or isn't) in compliance with its licenses.

"Organizations massively over-purchase licenses to the tune of 15 to 25 percent," says Craig Macdonald, vice president of product management for San Diego-based Peregrine Systems. "This tool gives organizations an informational advantage to go back and negotiate with vendors about their true usage needs and cut significant expenses out of their budgets without sacrificing any functionality."

www.peregrine.com 800-638-5231

https://www.wallstreetandtech.com


Copyright 2005 CMP Media LLC. All rights reserved.
7/1/05, Issue # 2307, page 60.

Register for Wall Street & Technology Newsletters
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.