What Downturn? Managed Objects Posts Record QuarterWhat Downturn? Managed Objects Posts Record Quarter
Network and systems management reports year-over-year sales growth of 64%.
Managed Objects, an up-and-coming vendor in the network and systems management space, appears to be breaking through the gloomy fog of the tech downturn. Though privately held, the vendor is in the $10 million range in sales. In astounding fashion, it recently had its best quarter ever and saw sales growth of 64% over the third quarter of 2001.
Managed Objects sells management software that performs at a business level and puts details about the infrastructure in business terms. The company attributes its showing to its ability to penetrate markets such as defense, energy, and manufacturing, as well as increased demand for its Business Service Analyzer real-time analysis application, which goes with the company's flagship Formula management system.
Managed Objects succeeds against other management vendors, including Computer Associates and IBM's Tivoli, because of its focus on a business service view, Gartner analyst Deb Curtis says. "The bigger vendors don't have such laser focus," she says. According to Curtis, Managed Objects lets customers use any vendor's console to view the business service data, adding, "The big guns are more tightly integrated with their own set of tools."
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