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Nicus Software Announces Availability of M-PWR Chargeback for VMware

SALEM, Va., Sept. 15 /PRNewswire/ -- Nicus Software, Inc., a leader in IT financial management software solutions, today announced the availability of M-PWR Chargeback for VMware. This latest addition to the M-PWR software suite provides a robust financial management solution to accurately allocate the costs of VMware virtual environments and to plan and budget those resources more effectively.

SALEM, Va., Sept. 15 /PRNewswire/ — Nicus Software, Inc., a leader in IT financial management software solutions, today announced the availability of M-PWR Chargeback for VMware. This latest addition to the M-PWR software suite provides a robust financial management solution to accurately allocate the costs of VMware virtual environments and to plan and budget those resources more effectively.

"Understanding how services are consumed provides insights into infrastructure and business impact, in support of both performance and financial planning. By incorporating service accounting into the dynamic VMware infrastructure, Nicus is paving the way for far more business-aligned adoption of virtualized environments with an eye to cost, capacity, value, relevance and service performance," said Dennis Drogseth, Vice President, Enterprise Management Associates.

The new offering includes several features designed to improve usage tracking and forecasting capabilities for organizations of any size. M-PWR Chargeback integrates with VMware's Virtual Center for the collection of usage and configuration data to provide advanced reporting specific to the virtual infrastructure. The solution also supports multiple, simultaneous billing models such as tiered fixed price allocations, usage-based allocations or a combination of both.

Robert Mischianti, EVP of Product Management for Nicus, added, "All of our customers, regardless of their size, value a single source for IT data from resource usage to cost and budget data. The addition of VMware data allows M-PWR to provide that single source, making life easier for IT financial managers. M-PWR often eliminates time-consuming, redundant measurement efforts. In the enterprise space, M-PWR ensures a consistent view of the computing environment across IT and business units which enhance both accuracy and transparency."

M-PWR Chargeback for VMware is an independent module based on the M-PWR platform first offered in 1994. Nicus is currently developing additional modules for other virtualization technologies as well as wide area networks and storage. Nicus Software is a privately held corporation based in Salem, Virginia. For more information, visit http://www.nicus.com or call (540) 387- 2287. (Media contact: Kristen Richardson)

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE Nicus Software, Inc.

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