Business Service Management ('BSM') solutions provider
BMC Software Inc.
(
BMC
) recently announced that the University of Connecticut (UConn)
has implemented the BMC Control-M Workload Automation solution in
order to deliver improved IT services. Aided by this new
technology from BMC, the University aims to better handle its
workload and manage costs effectively. Financial details of the
deal were not disclosed.
The University of Connecticut happens to be one of the top
research institutes, operating 14 schools and colleges, with
21,000 students under its umbrella. To better manage its huge
financial operations, the University deployed a new system, but
found the job scheduling software needed to run the system,
inconvenient. To make the system work smoothly, especially with
respect to proper job scheduling and efficient workload
management, UConn selected BMC Software's Control-M Workload
Automation suite.
BMC Software's workload automation suite offers a range of
capabilities required to manage traditional job scheduling, batch
service management and workload automation. The UConn has been
using the software for the past 15 years, but mainly for their
mainframe systems. The selection for its distributed
services indicates a confidence in its ability to generate
significant operational efficiencies.
We feel that BMC Software's products are gaining popularity
because they are increasing IT efficiency within eco systems of
companies, thus pushing down their costs. On a special note, it
can be mentioned that the proven success of BMC's Control-M
Workload Automation solution at various enterprises helped it to
fetch recognition from the U.S. IT research firm
Gartner Inc.
(
IT
). Earlier this year, Gartner positioned the suite in the Leaders
Quadrant of the 2012 "Magic Quadrant for Workload Automation."
Though European concerns persist, we remain positive about BMC's
continuous deal wins and License booking growth in the Enterprise
Service Management segment. We also believe that its intention to
buy back $1.0 billion of common stock will encourage investors.
Currently, BMC Software has a Zacks #2 Rank, implying a
short-term Buy rating.
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