U.S. Markets open in 1 hr 43 mins

Cherwell Service Management(R) Recognized by ITSM Review for Its "Outside IT" Capabilities and Focus

COLORADO SPRINGS, CO--(Marketwired - Aug 28, 2014) - The term "outside IT" is growing in mind-set and maturity within the IT service management (ITSM) industry, and Cherwell Software is one ITSM solution provider with "a leading focus and capabilities in this area," reports The ITSM Review in its newest competitive review, entitled "Outside IT."

Tweet This: .@ITSMReview recognizes Cherwell as #ITSM vendor with leading focus & capabilities in Outside IT: bit.ly/1p7hfIq

For The ITSM Review, ITSM Consultant Barclay Rae evaluated four participating vendors on their software's ability to support and manage business needs beyond traditional IT and ITSM operational areas. According to Barclay, there is a huge opportunity for IT teams to re-invest themselves as true business partners by using their skills and knowledge and the ITSM tools already in their possession to drive efficiencies beyond IT. This is the essence of Outside IT.

"Cherwell has excellent examples of IT driven non-IT applications and is focused on IT enablement and the use of the toolset for collaborative working," says Barclay. "Cherwell offers a strong mix of product capability and a model which provides a secure technical framework that clients can work within to build their own solutions."

Simon Kent of Cherwell Software says that IT has come a long way from when it was viewed, perhaps, like an "island unto itself", disengaged from the rest of the business.

"IT teams are now taking their ITSM platform and are expanding it, changing it, reshaping it, and moulding it to help other departments like Human Resources, Purchasing and Facilities Management effectively manage business processes and workflow," says Kent. "Those that do this, have seen their profiles rise, and the value they provide to the business has increased dramatically because they are providing solutions to other business needs and business users quickly and cost effectively and are playing a role in creating business advantages." 

Kent says that until now, Outside IT has been going on in an isolated world, and thinks it's great that people are now talking more about it, celebrating it and sharing successes. He suggests that service desks or IT teams new to Outside IT should consider creating a specific role with the responsibility to get out into the business and provide a business technology advisory service that specifically looks to see how the ITSM technology and associated best practices can be applied to those Outside IT business challenges.

Cherwell Service Management® has received a number of very positive reviews from The ITSM Review group tests and competitive reviews. These include: "Best for On-premise" crown for the Change, Configure and Release Management review (June 2014); "Best in Class (Small-Med-Large-V Large)" crown for the Incident & Problem Management review (April 2013); and "Best in Class All Tools" crown for the Request Fulfilment review (September 2012).

Connect with Cherwell

About Cherwell Software
Cherwell Software is the developer of Cherwell Service Management®, a leading business technology and IT service management (ITSM) platform recognized by industry analysts worldwide, and Express Software Manager®, an award-winning IT asset management software. Cherwell Software customers are part of a fast-growing, caring community using Cherwell products to implement both ITSM solutions and business technology that goes beyond ITSM. Cherwell Software has the deepest expertise in the service management industry, including a global network of expert partners currently serving customers in more than 40 countries. Corporate headquarters are in Colorado, U.S.A., with EMEA headquarters in the U.K.

  • Bank of America profit beats estimates on cost cuts, loan growth
    Finance
    Reuters

    Bank of America profit beats estimates on cost cuts, loan growth

    (Reuters) - Bank of America Corp reported a better-than-expected rise in quarterly profit on Monday as the second-largest U.S. lender reined in costs, while higher interest rates and loan growth helped offset lower bond trading revenue.

  • Finance
    Fox Business

    How much Uber, Lyft drivers really make

    With the rise of the gig economy, many people are turning to ridesharing platforms such as Uber and Lyft to find work. Despite the differences in the platforms, average nationwide earnings for both Uber and Lyft are comparable. A 2015 study by SherpaShare found that an average driver’s gross earnings per trip in New York City was $29.34 for UberX and $28.82 for Lyft, compared with only $11.53 for UberX and $11.36 for Lyft in Los Angeles.

  • Is This High-Flying Marijuana Stock the Next Tilray?
    Business
    Motley Fool

    Is This High-Flying Marijuana Stock the Next Tilray?

    Since then, Tilray's share price has skyrocketed to well over six times its opening-day level. At one point, Tilray was up a whopping 856% -- in just two months of trading. Now there's another marijuana stock that is beginning to turn heads.

  • This Is the Average American's Salary. How Does Yours Compare?
    Business
    Motley Fool

    This Is the Average American's Salary. How Does Yours Compare?

    In an age of oversharing, many of us are remarkably tight-lipped when it comes to talking salary. But in reality, knowing where you stand can help you determine whether you're in a good place or whether you should be taking steps to boost your earnings

  • Stock Slump Resumes; Oil Advances on Saudi Tension: Markets Wrap
    Business
    Bloomberg

    Stock Slump Resumes; Oil Advances on Saudi Tension: Markets Wrap

    Industrial goods makers and financial-services companies were the biggest losers in the Stoxx Europe 600 index. Equities fell in Japan and Hong Kong and China’s stocks touched the lowest in almost four years following a weekend of warnings on global economic fragility from finance chiefs meeting at an annual IMF gathering. Oil climbed, with the Saudi government launching a probe into the disappearance of journalist Jamal Khashoggi.

  • Better Marijuana Stock: Aurora Cannabis vs. Auxly Cannabis Group
    Business
    Motley Fool

    Better Marijuana Stock: Aurora Cannabis vs. Auxly Cannabis Group

    One is market cap: Aurora's market cap is nearly 18 times bigger than Auxly's. Then there's stock performance. Here's how Aurora Cannabis and Auxly Cannabis Group stack up against each other in the areas that do matter.

  • Alec Baldwin Urges Voters to 'Overthrow' the Trump Government in Midterm Elections
    Politics
    Meredith Videos

    Alec Baldwin Urges Voters to 'Overthrow' the Trump Government in Midterm Elections

    Actor Alec Baldwin followed up his latest parody portrayal of President Donald Trump with a serious call Sunday night for voters to use the Nov. 6 midterm elections to peacefully “overthrow” the government.

  • New Strong Sell Stocks for October 15th
    Business
    Zacks

    New Strong Sell Stocks for October 15th

    Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:EXFO Inc EXFO is a developer of smarter network test, monitoring and analytics solutions for communications service providers and network equipment manufacturers. The Zacks Consensus

  • A Sears liquidation could create some winners and over 100,000 losers
    Business
    MarketWatch

    A Sears liquidation could create some winners and over 100,000 losers

    Sears Holdings Corp.’s seemingly imminent liquidation could create some winners and many losers, according to experts. With major lenders now pressing for liquidation versus reorganization, Sears (SHLD)  could soon be going out of business. The large players in the appliance category, including Lowe’s Cos. (LOW)  , Home Depot Inc. (HD) , and Best Buy Co. Inc. (BBY) , stand to gain shares and scale even if there’s a temporary discounting disruption, according to UBS analysts led by Michael Lasser.

  • Why I’m Not Worried About Being Behind on Retirement Savings
    News
    GoBankingRates

    Why I’m Not Worried About Being Behind on Retirement Savings

    This is why I find it funny that we spend most of our lives “retirement planning” or planning for our deaths. Don’t get me wrong, I’m not shouting in the face of retirement planning or being prepared. Although I’ve gotten my life back on track since then, I’m still not worried about being behind on retirement savings, the magical “$1 million saved” for retirement number or all the “what ifs.” Why?

  • Bank of America beats expectations as quarterly profits soar 32% (BAC)
    Finance
    Business Insider

    Bank of America beats expectations as quarterly profits soar 32% (BAC)

    REUTERS / Bobby Yip Bank of America Merrill Lynch reported third-quarter earnings Monday, beating expectations with adjusted earnings per share of $0.66, a 43% increase from last year. Analysts had expected the bank to report adjusted earnings per share

  • Bodies of South Korean Climbers and Nepalese Guides Have Been Retrieved After a Deadly Mountain Storm
    World
    Meredith Videos

    Bodies of South Korean Climbers and Nepalese Guides Have Been Retrieved After a Deadly Mountain Storm

    Rescuers on Sunday retrieved the bodies of five South Korean climbers and their four Nepalese guides who died in a storm that destroyed their base camp on Gurja Himal mountain.

  • Guess Who's Profiting From GE's Troubles?
    Business
    Motley Fool

    Guess Who's Profiting From GE's Troubles?

    One person's challenge is another's opportunity, and there are very few CEOs as bold and decisive in taking advantage of a chance to enhance value for shareholders as Emerson Electric's (NYSE: EMR) David Farr. Although the terms of Emerson's deal to buy General Electric's (NYSE: GE) Intelligent Platforms business weren't disclosed, it's likely that GE's desire to sell assets in order to raise cash means Farr's company wouldn't have overpaid to acquire a strategically important business. While the very-highly-regarded former Danaher CEO Larry Culp is now charged with turning around GE's fortunes, the executive with best recent experience in turning around a major industrial company is actually Emerson's David Farr.

  • It’s Official -- These 5 Social Security Changes Are Coming for 2019
    Business
    Motley Fool

    It’s Official -- These 5 Social Security Changes Are Coming for 2019

    For workers, Social Security's maximum taxable earnings are increasing, and more income will be required to earn a Social Security "credit." Beneficiaries who claimed Social Security early and still work will be happy to learn they'll be able to earn more without a benefit reduction in 2019, and for high earners, the maximum possible Social Security benefit is also on the rise. With all of that in mind, here are the recently released details of these five 2019 Social Security changes. As I mentioned, Social Security beneficiaries are getting a 2.8% COLA starting with their January 2019 benefit payment.

  • If You're Retired, Consider Buying These 3 Stocks
    Business
    Motley Fool

    If You're Retired, Consider Buying These 3 Stocks

    Magellan Midstream Partners, L.P. (NYSE: MMP), PPL Corporation (NYSE: PPL), and ExxonMobil Corporation (NYSE: XOM) are all high yielding dividend payers with long histories of increasing their dividends on a regular basis. Magellan has long been one of the most conservative midstream partnerships, focusing on self-funding as much of its growth as it can to avoid dilutive unit sales -- a model which peer and industry bellwether Enterprise Products Partners L.P. is starting to mimic. This conservative approach, however, doesn't mean the company is skimping on growth.

  • Here's everyone who has dropped out of Saudi Arabia's 'Davos of the Middle East'
    Business
    Yahoo Finance

    Here's everyone who has dropped out of Saudi Arabia's 'Davos of the Middle East'

    Prominent members of the world’s business community are dropping out of Saudi Arabia’s Future Investment Initiative, a conference that is widely known as the “Davos of the Middle East,” after the disappearance of journalist Jamal Khashoggi, a columnist at the Washington Post. Turkey has accused Saudi Arabia of sending a large task force to murder him and dismember his body. By Sunday evening, JP Morgan CEO Jamie Dimon had pulled out, along with Ford chair Bill Ford.

  • Read This Before You Sell Your Chinese Tech Stocks
    Business
    Motley Fool

    Read This Before You Sell Your Chinese Tech Stocks

    It's been a tough year for Chinese tech stocks, which were torpedoed by the country's escalating trade war with the U.S. and rising interest rates. Baidu (NASDAQ: BIDU), Alibaba (NYSE: BABA), and Tencent (NASDAQOTH: TCEHY) -- the three high-growth "BAT" stocks, which were often compared to the FANG stocks in the U.S. -- each lost more than 20% of their value over the past 12 months. Investors sitting on those big declines are probably wondering if it's time to sell all their Chinese stocks.

  • Better Marijuana Stock: Canopy Growth Corporation vs. Aphria Inc.
    Business
    Motley Fool

    Better Marijuana Stock: Canopy Growth Corporation vs. Aphria Inc.

    Recreational marijuana sales begin on Oct. 17 in Canada, and investors convinced the program will be a hit have pushed shares of Canopy Growth Corporation (NYSE: CGC) and Aphria Inc. (NASDAQOTH: APHQF) up by 60% or better over the past few months. In just two short years, Canopy Growth Corporation's market cap has exploded from just $476 million two years ago to $10.1 billion at recent prices, and it looks like there could be more fireworks ahead. Canopy Growth has secured contracts that will require it to provide at least 67,000 kilograms of cannabis annually to Canadian provinces and territories.

  • Business
    Benzinga

    Bulls & Bears Of The Week: GE, Netflix, Nike, Twitter And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school conglomerate and a social media pair. Bearish calls included an electric car maker and a pharmaceutical firm. Another major hurricane

  • Sears Becomes the Latest Retail Giant to File for Bankruptcy, Suffering From Massive Debt
    Business
    Time

    Sears Becomes the Latest Retail Giant to File for Bankruptcy, Suffering From Massive Debt

    Sears once dominated the American retail landscape. The company, which started out as a mail order catalog in the 1880s, has been on a slow march toward extinction as it lagged far behind its peers and has incurred massive losses over the years. The operator of Sears and Kmart stores joins a growing list of retailers that have filed for bankruptcy or liquidated in the last few years amid a fiercely competitive climate.

  • Saudis reject threats as stocks plunge after Trump comments
    World
    Associated Press

    Saudis reject threats as stocks plunge after Trump comments

    Saudi Arabia on Sunday threatened to retaliate for any sanctions imposed against it after President Donald Trump said the oil-rich kingdom deserves "severe punishment" if it is responsible for the disappearance and suspected murder of Washington Post contributor Jamal Khashoggi. The warning from the world's top oil exporter came after a turbulent day on the Saudi stock exchange, which plunged as much as 7 percent at one point. American lawmakers threatened tough punitive action against the Saudis, and Germany, France and Britain jointly called for a "credible investigation" into Khashoggi's disappearance.

  • Better Buy: General Electric Company vs. Boeing
    Business
    Motley Fool

    Better Buy: General Electric Company vs. Boeing

    Boeing (NYSE: BA) and General Electric (NYSE: GE) are two industrial heavyweights that have been moving in opposite directions in recent years. Boeing shares are up 164% during the past three years, while shares of GE are down 52% during the same period. The reasons the stocks have moved the way they have are well-documented: Boeing is benefiting from perhaps the longest-running commercial aircraft order up-cycle in history, while GE has been plagued by its massive debt load and a slowdown in the energy sector.

  • This $372 Million Windfall for Aurora Cannabis Could Be Just the Beginning
    Business
    Motley Fool

    This $372 Million Windfall for Aurora Cannabis Could Be Just the Beginning

    Investors have never been more excited about the prospects for marijuana stocks, and many of the best-known first movers in the industry call Canada their home. Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) is one of the major companies in the cannabis industry looking to cash in on the impending legalization of recreational marijuana in Canada, and it's put together an impressive set of resources designed to let it take maximum advantage of growing consumer interest in cannabis products. Like most up-and-coming companies, Aurora Cannabis isn't consistently profitable, and the marijuana producer is spending freely to ramp up its production capabilities to stay ahead of competitors.

  • News
    CNBC

    He retired at 34. Here's how many people are enjoying a very early retirement

    Retiring in your 60s and 70s can seem a challenge to pull off. A few early retirees break down how they did it. Retiring comfortably in yours 60s or 70s can seem a high-wire act, so how are some people pulling it off without a wrinkle in their face?

  • 3 Dividend Stocks That Pay You More Than ExxonMobil Does
    Business
    Motley Fool

    3 Dividend Stocks That Pay You More Than ExxonMobil Does

    It's hard to believe, but not long ago, ExxonMobil was the most valuable company in the world. Below, three Fool.com contributors have highlighted stocks that have even higher payouts: wood pellet producer Enviva Partners (NYSE: EVA), telecom giant Verizon Communications (NYSE: VZ), and REIT Retail Opportunity Investments (NASDAQ: ROIC). Brian Stoffel (Enviva Partners): You've probably never heard of Enviva Partners, but if you're a serious income investor, it should be on your radar.