DCC Technology Management Group Releases Wyzdom 5.3 Software Aimed at Improving IT Value through Technology Lifecycle Management
Apr 5, 1999
Latest version of software adds software license management, enhances IT planning and forecasting to optimize IT dollars SAN FRANCISCO, April 5 /PRNewswire/ -- DCC Technology Management Group (TMG), a business unit of Dana Commercial Credit Corporation (DCC) and an enterprise-class provider of technology lifecycle management solutions, announced today the immediate availability of Wyzdom(R) 5.3 software. This is the latest version of TMG's comprehensive software for technology lifecycle management, designed to maximize IT resources and gain the greatest budget value. Wyzdom, a web-based solution, enables corporations to centrally manage their technology assets by integrating information about the physical, financial and contractual aspects of each IT asset throughout its useful life. The new version expands beyond traditional asset management to include software agreement management, powerful reporting and user interface improvements. The following are highlights of the major enhancements: Software License Agreement -- IT managers can use the software license functionality to control license compliance, prevent duplicating purchases of existing software and save money on license and maintenance fees. Wyzdom automatically notifies IT managers via e-mail when the number of users exceeds the number licensed, so that prompt corrective action can be taken. IT Management Reports -- Wyzdom includes additional preformatted reports to review information stored in the database. New reports, such as the IT expenditure report and leased asset accounting forecast, provide insight into cash flow and cost center expenditures for effective budgeting and financial reporting. User Interface Enhancements -- Among the many usability enhancements is a unique hot-link field. This feature enables users to place a hot-link of any type into the custom field of all editors in Wyzdom. For example, in the software license agreement field, end-users can hot-link to their scanned contracts and/or related documents and view the documents or images by clicking on the location of the file, which would be entered in the custom field. Additionally, Wyzdom users can create links to their vendors, web sites by entering the URL in the hot-link custom field, giving them automatic access to their vendors, product catalog. "Our customers have told us that software license compliance is a critical issue in their technology lifecycle management program," said Patricia Benson, managing director, DCC Technology Management Group. "The new software license agreement functionality allows IT managers to reduce software overspending and channel the funds saved into continuously improving their IT infrastructure." Wyzdom is platform- and database-independent and includes a high-level application programming interface (API) for powerful integrations with Enterprise Resource Planning, Help Desk, and other management systems. Wyzdom provides IT managers the ability to create a more efficient IT infrastructure and derive better value from their technology purchases by understanding and controlling their IT resources. TMG's total technology lifecycle management solution combines Wyzdom with strategic consulting on asset management practices, resulting in rapid software deployment and allowing businesses to quickly realize a return on their technology investment. About DCC Technology Management Group DCC Technology Management Group is the San Francisco-based business unit of Dana Commercial Credit. It specializes in providing technology lifecycle management software and services that enable companies to track and manage information technology assets throughout their lifecycles, thus reducing technology costs and risk. The web site address for Wyzdom software and asset management solutions is http://www.wyzdom.com. About Dana Commercial Credit DCC, one of seven Strategic Business Units of Dana Corporation (NYSE: DCN), is a premier provider of leasing and financing services to a broad range of business customers in selected markets. As one of North America's top leasing companies and a recipient of the 1996 Malcolm Baldrige National Quality Award, DCC has assets owned and under management totaling $4.5 billion in original asset value. With offices throughout the United States and in the United Kingdom, DCC offers specialized, multimillion dollar financings in the form of single investor, leveraged, and operating leases; facility project management and real estate investment programs; life-cycle equipment management programs; and customized, full service vendor programs and joint ventures. DCC's web site is http://www.dcc.com. About Dana Corporation Dana Corporation is one of the world's largest independent suppliers to vehicular, off-highway, and industrial manufacturers and their related aftermarkets. Founded in 1904 and based in Toledo, Ohio, the company operates some 330 facilities in 32 countries and employs more than 86,000 people. The company reported sales of $12.5 billion in 1998. Dana's Internet address is http://www.dana.com.
SOURCE DCC Technology Management Group
Web Site: http://www.wyzdom.com