Cherwell Software announced the acquisition of an IT and software asset management company, Express Metrix.
Based in Seattle, Washington, Express Metrix develops the award-winning Express Software Manager product line, as well as the Apptria Technologies product line, which provides industry-leading software recognition functionality to original equipment manufacturer (OEM) partners such as IBM, BMC Software, and others.
“Software license management and IT asset management are key pain points for our business technology customers and prospects,” said Vance Brown, CEO of Cherwell Software. “The addition of this strong, innovative technology from Express Metrix enables Cherwell to offer a more comprehensive service management solution with the power to manage our customers’ key corporate assets. We will enable our customers in IT to have insight into both CapEx and OpEx costs. They need the tools to determine where waste exists so they are not managing or licensing multiple versions of the same commodity software.”
“The technology fills out the Cherwell ITSM/ITAM product line in a very logical and cohesive way,” commented Arlen Feldman, CTO of Cherwell Software. “Our strengths in modular service management, extensible business technology platforms and applications, and IT asset management and software licensing management now comprise a strong and very future-oriented product technology portfolio.”
Express Metrix is focused on IT asset and software license management, specializing in computer inventory, software usage analysis, license reconciliation, and IT purchase tracking. These capabilities add significant value to Cherwell’s existing IT service management and business technology solutions, enabling customers to effectively track and manage their IT assets, optimize their license positions, and reduce software spending. Express Software Manager is endorsed by the Business Software Association (BSA) as a certified software audit tool that plays a key role in ensuring license compliance, and it is endorsed by the Software and Information Industry Association (SIIA) as a best-of-breed software license management tool that helps organizations reduce the risk of software piracy.
“We’re very excited to be joining an innovative, fast-growing company,” said Kris Barker, CEO and co-founder of Express Metrix. “Cherwell's commitment to investing in and delivering world-class technology, along with its unwavering dedication to customer success, make this an ideal partnership for Express Metrix and its customers.”
“As a customer of both Express Metrix and Cherwell Software, I am thrilled to see these responsive, customer-centric organizations join forces to provide the tools IT needs to contribute to the bottom-line of the business,” said an IT Analyst at a prominent US-based energy company and multi-year Cherwell Software customer.
Express Metrix's global headquarters in Seattle will be maintained and expanded for planned rapid recruitment of technical and development expertise.
The Latest
The use of hybrid multicloud models is forecasted to double over the next one to three years as IT decision makers are facing new pressures to modernize IT infrastructures because of drivers like AI, security, and sustainability, according to the Enterprise Cloud Index (ECI) report from Nutanix ...
Over the last 20 years Digital Employee Experience has become a necessity for companies committed to digital transformation and improving IT experiences. In fact, by 2025, more than 50% of IT organizations will use digital employee experience to prioritize and measure digital initiative success ...
While most companies are now deploying cloud-based technologies, the 2024 Secure Cloud Networking Field Report from Aviatrix found that there is a silent struggle to maximize value from those investments. Many of the challenges organizations have faced over the past several years have evolved, but continue today ...
In our latest research, Cisco's The App Attention Index 2023: Beware the Application Generation, 62% of consumers report their expectations for digital experiences are far higher than they were two years ago, and 64% state they are less forgiving of poor digital services than they were just 12 months ago ...
In MEAN TIME TO INSIGHT Episode 5, Shamus McGillicuddy, VP of Research, Network Infrastructure and Operations, at EMA discusses the network source of truth ...
A vast majority (89%) of organizations have rapidly expanded their technology in the past few years and three quarters (76%) say it's brought with it increased "chaos" that they have to manage, according to Situation Report 2024: Managing Technology Chaos from Software AG ...
In 2024 the number one challenge facing IT teams is a lack of skilled workers, and many are turning to automation as an answer, according to IT Trends: 2024 Industry Report ...
Organizations are continuing to embrace multicloud environments and cloud-native architectures to enable rapid transformation and deliver secure innovation. However, despite the speed, scale, and agility enabled by these modern cloud ecosystems, organizations are struggling to manage the explosion of data they create, according to The state of observability 2024: Overcoming complexity through AI-driven analytics and automation strategies, a report from Dynatrace ...
Organizations recognize the value of observability, but only 10% of them are actually practicing full observability of their applications and infrastructure. This is among the key findings from the recently completed Logz.io 2024 Observability Pulse Survey and Report ...
Businesses must adopt a comprehensive Internet Performance Monitoring (IPM) strategy, says Enterprise Management Associates (EMA), a leading IT analyst research firm. This strategy is crucial to bridge the significant observability gap within today's complex IT infrastructures. The recommendation is particularly timely, given that 99% of enterprises are expanding their use of the Internet as a primary connectivity conduit while facing challenges due to the inefficiency of multiple, disjointed monitoring tools, according to Modern Enterprises Must Boost Observability with Internet Performance Monitoring, a new report from EMA and Catchpoint ...
