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Superior Integration Drives Managed Objects’ Solid Q1 Results

Managed Objects has announced 23 percent growth over the same quarter in the previous year. The company experienced especially strong sales results for its CMDB360 product among Global 2000 financial services and telecommunications companies in Europe and Asia – while in North America, Managed Objects continued impressive progress across a range of federal government agencies serving the defense and homeland security sectors.

Managed Objects provides a full suite of BSM technologies including applications for Configuration Management Database projects (CMDB360), Application Dependency Mapping (ADM), Service Level Management (SLM) and Web 2.0-based executive dashboards. What sets Managed Objects apart from its competitors, and drives demand among its customers, is its unparalleled ability to integrate and normalize virtually any existing IT management tools into a single platform – and then to visualize the consolidated data in a customizable manner that is meaningful to the business. This enables Managed Objects' 300-plus customers – which cross a full range of vertical industries – to control outage-causing changes to the IT infrastructure, manage the impact of those outages when they do occur, and communicate the value IT delivers to the business.

Despite the current economic uncertainty felt especially in North America, Managed Objects' experience leads the company to conclude that growth will continue accelerating over the course of the next several years. Several market research reports from multiple analyst groups have produced findings that overwhelmingly substantiate this assessment.

For example, a March 2008 report by Enterprise Management Associates (EMA), entitled "The SLM and BSM Market Forecast for 2008 to 2012" found the SLM market totaled $1.12 billion in 2007 while the BSM market totaled $1.01 billion. More importantly, EMA forecasts each respective segment will exceed $2 billion by 2012. The report noted that EMA evaluated "more than 45 SLM and BSM vendors and their respective positioning in the market", in combination with survey data from "greater than 165 information technology (IT) professionals at companies that manage or plan to manage IT from a services perspective."

"The SLM market will grow about 23 percent in 2008, while spending for BSM solutions will grow by as much as 45 percent", wrote EMA Research Director, Lisa Erickson-Harris. "BSM solutions are coming into their own as IT organizations continue to mature, invest in best practices, and recognize the value of being closely tied to business goals. SLM remains vital to successful IT service management, but EMA's research shows BSM being elevated to more of an umbrella practice that eventually will include SLM as part of the overall program. SLM does stand alone, but it also contributes to an overall BSM deployment."



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