NetworkWorld - October 9, 2006 - Persystent Technologies - 1
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in network knowledge www.networkworld.com October 9, 2006 Volume 23,
Number 39 Re p r i n t 10COMPANIES TO WATCH Management start-ups step in
to steal spotlight BY DENISE DUBIE MANAGEMENT BMC, CA, HP and IBM had
better watch their backs. “It is the right time for a more unified,
easier-to-use management solution,” says Robert Abbott, a principal with
venture capitalist firm Norwest Venture Partners, which is bullish on the
market.“Enterprise networks and data centers are so complex and
fragmented that IT professionals need to reduce the time spent managing
devices, servers and desktops. They want simplicity in their management
environment today,” he says. A group of start-ups intend to revamp the
current landscape of network,systems and application management tools with
easy-to-deploy, low-cost — in some cases, free — products that can
address more quickly the most pressing issues of IT managers. Despite the
race among the management heavyweights to fill holes in their product
suites through acquisitions, newcomers are stealing the spotlight with
software and appliances that reduce manual labor, speed problem resolution
and make it easier to manage networks of all sizes. “Eighty percent of
what large enterprises spend in IT goes toward maintaining and operating
the current infrastructure, rather then investing in new projects,” says
Stephen Bowsher, general partner at InterWest Partners, a venture
capitalist fir m that has invested in Symphoniq. “Venture capitalists go
where the dollars go, and it’s clear people are still spending on
management technologies.” Here are 10 management companies topping our
list as ones to watch: Persystent Technologies Founded: Februar y 2002
Location: Tampa, Fla. Management: President and CEO Ray Weadock,
previously CEO of Fortress Technologies. Funding: $7 million in Series B
round of funding, led by Valhalla Partners; $1.6 million in Series A
funding by Inflexion Partners, Tall Oaks Capital and Village Ventures.
What does the company offer? Persystent Enterprise software automatically
resolves system issues with every PC boot, reducing the need for IT staff
to visit desktops. It operates before the operating system loads on a
client machine,after the machine loads its basic I/O system. The company
says it works transparently to the user. Why is it worth watching?
“Customer service is an invisible monster; it can make you or it can
break you,” says Dick Hamann, vice president of IT and resources and CIO
of Seminole Community College, outside Orlando. Tapping an automated
feature that lets him shut down PCs after-hours is saving Hamann some
“$65,000 per year in utility bills alone.” How did the company get its
start? While company founders were working on a problem for Compaq, they
noticed desktop support requirements took up too much time and they
created ways to reduce the manual efforts. How did the company get its
name? A play on the company’s value proposition, for instance,
persistent performance, availability and compliance of enterprise
desktops. Who’s using the product today? Per systent lists Seminole
Community College and Tennant Company among its customers.
www.persystent.com info@persystent.com 866.288.3067 © Copyright 2007 by
Network World, Inc., Southborough, MA 01772-9108 • Excerpted from
Network World • Trademark is owned by International Data Group, Inc. 1 -
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NetworkWorld - October 9, 2006 - Persystent Technologies
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