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Hungarian railway company successfully relies on USU Software Asset Management

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MÁV-Volán Group uses the USU solution for financial management of its software licenses

Möglingen, Germany – September 24, 2021. The Hungarian railway company MÁV-Volán has successfully implemented a project for the financial management of its company-wide software licenses with the USU Software Asset Management solution. The primary goal was to achieve cost transparency of their software use, especially for major manufacturers such as IBM, Adobe, Microsoft, VMWare and Oracle.

Establishing a professional global centralized system guarantees the minimization of legal risks, financial risks, and software costs. The implementation was done by LicenseCore Zrt, USU’s Hungarian partner for software asset management (SAM).

In the first step of the project, the SAM experts determined the software installed on all clients and servers. In a second step, the inventory data was loaded and processed in the USU license management system.

“On a daily basis, we clearly see the license compliance of the MÁV Group for our large manufacturers. The data in the system is a great help in a possible manufacturer audit, and we can optimize our short and long-term license costs,” said András Vidra, General Director of IT and Technology Systems at MÁV-Volán Group.

This press release is available at https://www.usu.com.

USU
As a leading provider of software and services for IT and customer service management, USU enables companies to master the demands of today’s digital world. Global organizations use our solutions to cut costs, become more agile and reduce risks – with smarter services, simpler workflows and better collaboration. With more than 40 years of experience and locations worldwide, the USU team brings customers into the future.

In addition to USU GmbH, which was founded in 1977, the subsidiaries USU Technologies GmbH, USU Solutions GmbH, USU Solutions Inc. and USU SAS also belong to USU Software AG (ISIN DE 000A0BVU28), which is listed in the Prime Standard of the German Stock Exchange.

Further information: https://www.usu.com

Contact
USU Solutions Inc.
Evonne Wetzner
Marketing Director
Email: [email protected]

USU Software AG
Dr. Thomas Gerick
Corporate Communications Manager
Email: [email protected]

USU Software AG
Investor Relations Manager
Falk Sorge
Email: [email protected]


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China has declared all crypto trading including Bitcoin illegal, issued new rules

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Big news came in the cryptocurrency market on Friday, where it was revealed by the news agency that China’s central bank has outlawed cryptocurrency trading. The bank has also issued new rules to rein in cryptocurrencies. The central bank has banned all foreign cryptocurrency exchanges from serving Chinese investors via the Internet. New rules enacted by China’s central bank – the People’s Bank of China – will bar financial institutions, payment companies and internet firms from trading in cryptocurrencies. You can also call it the end of the era of cryptocurrency trading in China.

According to news agency Agence France-Presse, China’s central bank PBOC has banned financial institutions, payment companies and internet firms from trading in cryptocurrencies and outlawed cryptocurrency transactions. This is not the first time that such a big decision has been taken in China regarding cryptocurrencies. In May this year, the State Council of China made a commitment to bitcoin mining and trading in the name of curbing financial risks. Ten Chinese government agencies, including the central bank the People’s Bank of China as well as banking and foreign currency regulators, said in a joint statement that they would maintain and work together to crack down on speculative trading in cryptocurrencies.

Global prices of cryptocurrencies, including bitcoin, have seen massive fluctuations in recent times due to new regulations issued by China. Till writing the news, the price of bitcoin in India was up to Rs 33.7 lakh. After this latest action by China, the price of bitcoin has seen a fall on Friday.

Bitcoin, which was falling even before the announcement, fell by 6.0 percent to $42,256 after the announcement.

Recently, India’s central bank had also expressed concern over transactions in crypto currency. Reserve Bank of India Governor Shaktikanta Das had said that the central bank is extremely concerned about cryptocurrencies like Bitcoin.

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Cisco’s AppDynamics Goes 100 Percent Channel: Exclusive

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Cisco Systems’ application performance monitoring software arm AppDynamics is officially going all-in on the channel.

The company, which has historically done about 70 percent of its business through channel partners, is kicking it up to 100 percent in keeping with its parent company Cisco’s channel-first sales motion, Mark Maslach, vice president, global channels and strategic alliances for AppDynamics , told CRN.

“We’ve made the decision to become fully partner centric, just like Cisco,” Maslach said. “Now is the perfect time for AppDynamics and our partners to go after this massive market opportunity we have in full stack observability, globally, along with Cisco.”

[Related: Cisco’s Top Execs On Plans To Aggressively Grow Subscriptions By 2025]

More than 80 percent of AppDynamics’ business went through the channel last year. That percentage has only been ticking up in recent years, the company said. AppDynamics’ new channel-only approach will give partners more confidence to continue to invest in AppDynamics, Maslach said.

To support its extended channel efforts, AppDynamics updated its profitability model through ‘stackable margins,’ which rewards solution providers for serving up complex solutions to their end customers.

“Our sales teams have realized just how capable our partners are and the investments our partners have made over the past several years have given us a lot of confidence that they are very capable in this market,” Maslach said.

Application performance is a highly complex environment that will become more challenging as virtualization continues, Maslach said. “What’s been driving the success for our partners, I think, is their ability to help our customers transform and transform things more quickly,” he said.

AppDynamics’ Global Partner Program will have a new level — a top tier Elite level of about 15 partners — which will join the existing Titan and Alliance levels, the company said. The Elite tier will offer more channel engineering, sales, and marketing resources to the company’s most involved partners.

The Elite and Titan tier will also be eligible to participate in AppDymanics’ Partner Advisory board that will be launching later this year, Maslach said.

Top Cisco and AppDynamics partner World Wide Technology (WWT) has been aggressively pursuing the opportunity around AIops and full-stack observability, said Tanner Bechtel, global director of AIOPS for WWT. “The positive changes being made to the AppDynamics Partner Program and the creation of the new Elite tier promise to provide even more opportunities for WWT to refine and strengthen the relationship with AppDynamics and Cisco. These changes will enable us to provide richer, more effective customer solutions, and ensure an even more beneficial partnership to all of us,” Bechtel said in an email.

The company is also improving access to market development funds for its partners, as well as sales and engineering bootcamps that are tied into Cisco’s flagship Black Belt IT training academy, Maslach said.

“This is definitely an ongoing effort by all of our engineering teams, specifically the channel engineering team, to make sure that our partners are being enabled the right way and constantly tying that enablement back to Cisco,” he said.


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Elon Musk, Grimes break up after three years together, will continue to co-parent their one-year-old son | Technology News

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New Delhi: SpaceX and Tesla CEO Elon Musk and Grimes have broken up after three years together, Page Six reported.

The SpaceX founder confirmed that he and the Canadian singer are “semi-separated” but remain on good terms and continue to co-parent their one-year-old son, the epically named XA A-Xii Musk

“We are semi-separated but still love each other, see each other frequently and are on great terms,” ​​Musk told Page Six on Saturday. (Also Read: .Amazon Great Indian Festival Sale to start from October 4: Check details here )

“It’s mostly that my work at SpaceX and Tesla requires me to be primarily in Texas or traveling overseas and her work is primarily in LA. She’s staying with me now and Baby X is in the adjacent room,” Musk said.

Page Six first revealed in May 2018 that Musk and Grimes were dating. They welcomed their son in May 2020.

They were last seen together at the Met Gala earlier this month, when Grimes, 33, walked the red carpet alone. Musk, 50, also attended the event but only joined her inside, the report said. (Also Read: WhatsApp to offer cashback coupons on UPI payments)

He later threw a starry Met Gala afterparty at hot private members club Zero Bond, where he was joined by Grimes, and the duo were photographed leaving New York together the following day.

But last weekend, Musk attended a party thrown by Google co-founder Sergey Brin’s wife, Nicole Shanahan, alone.


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