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Year 2000 Wire/Tangram's VAR's Sign Deals For 50,000 Nodes of Asset Insight
BusinessWire, Tuesday, January 27, 1998 at 12:42
CARY, N.C.--(BUSINESS WIRE)--Jan. 27, 1998--Tangram Enterprise Solutions, Inc. (NASDAQ:TESI) announced today that its indirect sales force recently signed sales agreements with multiple organizations for 50,000 nodes of Asset Insight(TM), Tangram's enterprise Information Technology (IT) asset tracking system. Financial terms of the agreements were not disclosed. The sales agreements were coordinated through Tangram channel partners including, aligne, inc., CompuCom, EDS, Janus Technologies, Unicom MicroAge, Vanstar and XLConnect. The newest users to deploy Asset Insight include: a leading enterprise software developer, several major banking institutions, a Fortune 500 chemical company, a telecommunications concern, several well-known electronics manufacturers, and a Canadian insurance company. Launched in the fourth quarter of 1996, Asset Insight is an automated and robust asset tracking system that is used by a growing number of organizations to track and monitor current and historical hardware, software and configuration information and associate this information with desktop users and departments throughout the distributed enterprise. Decision support business analyses generated by the software can be used to: pinpoint where departmental and/or company-wide Year 2000 hardware and software risks reside, cost-out the fixes and proactively manage them; plan for future technologies; discover excess equipment no longer in use; manage software licenses and equipment upgrades, and optimize end-user productivity. Further, asset information collected by Asset Insight can be integrated with other leading software suites and shared with other business and technology management systems and departments throughout the enterprise. Jim Taggart, Tangram's Director of VAR Channel Operations said company officials are pleased with the corporate community's response to Asset Insight. "In today's global economy, where competitive advantage can mean the difference between success and failure, having the ability to track current and historical information on IT assets organization-wide, as Asset Insight does, is a critical need," Taggart explained. "For this reason, organizations have been quick to embrace the proven advantages Asset Insight brings to the enterprise, as well as the outstanding return-on-investment it contributes to the bottom line."
About Asset Tracking
According to a recently published report by the Gartner Group, by the year 2002, 75 percent of organizations with more than 1,000 desktops will have initiated asset-tracking programs. Gartner says most organizations use asset tracking as a way to control IT costs, incorporate new technology and maximize existing IT equipment for their employees. By tracking technology, Gartner states organizations are better positioned to secure volume discounts on purchases, manage software licenses, monitor assets used for telecommuting, and discover excess equipment no longer in use or sold years ago. They can also use the information to determine precisely where money was spent and plan for future technology migrations. Recent studies conducted by industry analysts have shown that asset tracking software solutions like Asset Insight can save corporations upwards of 20 percent annually off their IT budgets. Tangram, which pioneered the software used in enterprise-wide asset tracking, says the industry is reported to be worth at least $2 billion. |