New Products Offer Customers Real-Time Management of all IT Assets Online and Offline Across the Entire Enterprise
HUNTSVILLE, Ala., October 22, 2008 -- Avocent Corporation (NASDAQ: AVCT), a global leader in IT Operations Management, today extended the breadth of its suite of asset management tools with the addition of LANDesk® Asset Lifecycle Manager. Leveraging an innovative software framework that allows real-time asset identification, the new product helps enterprises better understand their online and offline technology resources, enabling better-informed business analysis, cost control and risk mitigation – key contributors to overall business performance.
“Today, in the average business organization, up to one third of all IT hardware assets go unaccounted for, and that’s a real risk,” commented Ben Grimes, Executive Vice President and CTO of Avocent. “Our customers are demanding tools that give them accurate knowledge of their assets, real-time tracking, management and control, along with a complete audit trail. LANDesk Asset Lifecycle Manager is designed to start enhancing business value from the moment it is deployed.”
LANDesk Asset Lifecycle Manager targets four of the most common challenges faced by IT administrators, offering flexible solutions to each. These include:
• Not knowing what technology is deployed within the corporate IT ecosystem - LANDesk Asset Lifecycle Manager helps IT Administrators discover and more efficiently utilize all of the assets across the IT environment.
• Basic, repetitive tasks often drain IT personnel resources - LANDesk Asset Lifecycle Manager, powered by the newly released LANDesk® Process Manager 4.5 engine automates these repetitive tasks, freeing up IT staff and allowing them to allocate their time on higher value activities.
• IT solutions don’t work well together - LANDesk Asset Lifecycle Manager is standards-based and compatible with products from Avocent as well as other leading vendors, meaning easy integration with what’s currently deployed or planned.
• IT solutions lack auditing or compliance reporting capabilities - LANDesk Asset Lifecycle Manager is fully auditable and facilitates reporting required by government and certain industries. As a corporate risk management application, the product suite goes well beyond standard auditing and reporting functionality.
Fully compatible with Avocent and other vendors’ solutions, LANDesk Asset Lifecycle Manager helps IT Administrators track and manage both hardware and software IT assets throughout their lifecycle, whether they reside on- or off-network. The tool tracks the entire ecosystem of assets, facilitating resource planning and allocation, and serving as a hub around which processes such as provisioning, service management, and security can be deployed. A key component of Asset Lifecycle Manager is LANDesk Process Manager, which helps administrators create consistent, predictable automated IT workflows, automating basic maintenance tasks to save time and IT personnel resources. The LANDesk solution, which includes an extensive Best Practices library of forms, automated workflows diagrams, and reports, represents an evolution from general systems management to the broader IT asset management category through real-time, automated asset tracking and control. The new product suite is a key part of the company’s broader IT Operations Management focus.
“At Gartner, we see an effective IT asset management solution as a key component in a complete IT Operations Management solution,” said Patricia Adams, Research Director with Gartner. “With cost cutting initiatives getting increased visibility, IT Directors need to make sure that their IT assets are managed throughout their useful lifecycle, regardless of location. CIOs are seeing to that.”
LANDesk® Asset Lifecycle Manager and LANDesk® Process Manager are available now. For more information, please visit www.landesk.com.
About Avocent Corporation
Avocent delivers IT operations management solutions that reduce operating costs, simplify management and increase the availability of critical IT environments 24/7 via integrated, centralized software. Additional information is available at www.avocent.com.
Forward Looking Statement
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the statements made, including risks associated with general economic conditions, risks attributable to future product demand, sales, and expenses, risks associated with acquisitions and acquisition integration, risks associated with product design efforts and the introduction of new products and technologies, and risks associated with obtaining and protecting intellectual property rights. Other factors that could cause operating and financial results to differ are described in our annual report on Form 10-K filed with the Securities and Exchange Commission on February 21, 2008. Other risks may be detailed from time to time in reports to be filed with the SEC. Avocent does not undertake any obligation to publicly update its forward-looking statements based on events or circumstances after the date hereof.
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