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MROI Mro Software

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MRO Software Positioned in Leader Quadrant in Magic Quadrant For Enterprise Asset Management

25/04/2006 1:30pm

Business Wire


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MRO Software, Inc. (Nasdaq: MROI), the leading provider of asset and service management solutions, today announced that Gartner Inc. has positioned the Company in the leader quadrant in its report; "Magic Quadrant for Enterprise Asset Management, 1H06(1)". According to Gartner, Inc., leaders are; "vendors that would normally be included in shortlists worldwide for EAM products for mainstream industries that rely on assets. They perform profitably, grow their revenue and have a presence in all major markets. Their functionality is above average and their technology and functionality are leading edge. These vendors would be followed and tracked by other EAM vendors." The report includes a market description for EAM solutions: "Customer enterprises evaluate and procure EAM products or maintenance modules when solving physical asset care requirements, such as providing maintenance support in a facility, fixed plant, a fleet of equipment or complex or hybrid manufacturing or service environment." "An EAM solution includes work order creation, planned maintenance, maintenance history, purchasing and procurement and inventory management, as well as equipment, component and asset tracking for hierarchical contracts of equipment," noted Gartner Inc.'s Kristian Steenstrup, Managing Vice President, and Bill Maynard, Research Director, in the report "Magic Quadrant for Enterprise Asset Management 1H 06." "We're extremely pleased with our positioning in the Gartner EAM Magic Quadrant report. MRO Software was recognized based on several criteria including vision and ability to execute," said Patricia C. Foye, executive vice president of global marketing and alliances, MRO Software. "We believe we've achieved this position based on our understanding and commitment to solving the challenges our customers face. We feel we are positioned where we are, based on our ability to deliver the functionality and performance our customers require. And we continue to build on this leadership position as we extend our breadth of asset and service management solutions with Maximo Enterprise Suite." About MRO Software, Inc. MRO Software is the leading provider of asset and service management solutions. Maximo Enterprise Suite, the Company's flagship solution, is delivered on a web-architected platform and increases productivity, optimizes asset performance, and service levels, reduces costs and enables asset-related sourcing and procurement across the entire spectrum of strategic assets. The Company's asset management solutions allow customers to manage the complete life cycle of strategic assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using MRO Software's solutions, customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management and provisioning across the asset base. MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 900 employees, and more than 300,000 end-users. The Company markets its products through a direct sales organization in combination with a network of international distributors. MRO Software has sales offices throughout North America, Europe, Asia/Pacific and Latin America. Additional information on MRO Software can be found at http://www.mro.com. Maximo(R) is a registered trademark, and MRO Software(TM) and MXES(TM) are trademarks, of MRO Software, Inc. (1) Magic Quadrant for Enterprise Asset Management, 1H 06, Gartner Inc. Kristian Steenstrup, Billy Maynard, March 29, 2006 The Magic Quadrant is copyrighted March 2006, by Gartner Inc. and is reused with permission. Gartner's permission to print its Magic Quadrant should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner's opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner-defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner Research is intended to be one of many information sources and the reader should not rely solely on the Magic Quadrant for decision-making. Gartner expressly disclaims all warranties, express or implied of fitness of this research for a particular purpose.

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