NUVO Predicts IT Trends for 2006: Focus on Maximizing Business Value.OTTAWA -- Business managers will be increasingly focused on maximizing business value from their IT investments in 2006, says Jerry Davis, Vice-President of Marketing and Software Development for NUVO NUVO Near Ultraviolet and Optical (channel) Network Management (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:NVO NVO no visible oestrus (see no visible estrus). Called also NVE. ). "With new technologies becoming increasingly affordable and pervasive, more and more of our customers are investing in IT infrastructure applications with the aim of gaining competitive advantage and improving customer service," says Mr. Davis. Trends NUVO sees in 2006 include the following: Accelerated adoption of IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. (IPT IPT - IP Telephony ) One of the main factors driving IPT adoption is the shrinking lifespan of communications products and services.Many companies are ready to replace their aging PBX (Private Branch eXchange) An inhouse telephone switching system that interconnects telephone extensions to each other as well as to the outside telephone network (PSTN). systems. Cost savings from routing voice and data over a converged network The integration of the telephone system with IP-based data networks. See softswitch. (networking) converged network - A single network that can carry voice, video and data. are attractive, as is the possibility of providing easier access to information and improving employee productivity. In the mid-market, especially, companies already possess the requisite Internet and high-speed network infrastructure to enable them to take advantage of the new IPT systems. Focus on IT security management IT security will continue to occupy the attention of business leaders in 2006, as they try to get a grip on effectively ensuring the security of their IT infrastructure. Some of the drivers continue to be regulatory compliance (Sarbanes-Oxley, Gramm-Leach-Bliley Act The Gramm-Leach-Bliley Act, also known as the Gramm-Leach-Bliley Financial Services Modernization Act, Pub. L. No. 106-102, 113 Stat. 1338 (November 12, 1999), is an Act of the United States Congress which repealed the Glass-Steagall Act, opening up competition , Health Insurance Portability and Accountability Act The Health Insurance Portability and Accountability Act (HIPAA) was enacted by the U.S. Congress in 1996. According to the Centers for Medicare and Medicaid Services (CMS) website, Title I of HIPAA protects health insurance coverage for workers and their families when , etc.), anti-spam and e-mail filtering Email filtering is the processing of e-mail to organize it according to specified criteria. Most often this refers to the automatic processing of incoming messages, but the term also applies to the intervention of human intelligence in addition to artificial intelligence, and to , remote worker accessibility and security, and intrusion prevention measures. Steady deployment of wireless networking Hand-in-hand with the deployment of IP systems is a growing interest in wireless networking, the next IT wave. Analysts forecast at least 65 percent of companies will deploy at least one wireless application by 2007 as the technology matures and prices become more affordable. One of NUVO's customers, a leading health-services provider, is already in the process of transitioning to a wireless network to improve the quality of patient care it can provide. Improved understanding of IT performance, system-wide Business today increasingly relies on IT infrastructure for competitive advantage. But that infrastructure is a complex maze of switches, routers, servers, and other devices and applications. Monitoring individual devices or parts of the systems does not adequately answer questions of how the system is performing and how well it is meeting corporate service objectives. Over and over again, customers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a solution that gives them a comprehensive overview of all their systems, alerts them to service-impacting issues, and provides proactive analysis for capacity planning and service-level performance. Implementation of service oriented architecture Service oriented architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) provides patterns for design, development, deployment and management of a loosely coupled business application infrastructure. Because it enables cross-platform integration, business leaders are finding it to be an effective way of integrating the disparate systems and applications that have been built up over time within their enterprises. The benefits of SOA include cost-savings and efficiencies, improved capacity for innovation, and greater agility by connecting processes and information across organizational boundaries. "Business leaders realize the critical importance of their IT infrastructure and the impact it can have on business success," says Mr. Davis. "However, while IT resources are finite, demands for IT services are seemingly infinite. That's why, more and more their investment decisions are not based on the technology itself, but rather what it can do to drive corporate profitability." About NUVO NUVO (TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. : NVO) provides remote management and protection of IT infrastructures for businesses worldwide to maximize the availability of their computing infrastructure. NUVO enables our customers to excel by delivering fully integrated, proactive management services and business data. This provides the critical information needed for effective analysis and decision-making to maximize performance and control costs. NUVO achieves this through certified experts, best-of-class technology, deep integration, highly automated processes, and best practices in a 24x7, resilient infrastructure. www.nuvo.com. Forward-Looking Statements Certain statements included in this press release are forward-looking and are subject to certain risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that may cause results or events to differ from current expectations include, but are not limited to, those set out on NUVO's website at http://www.nuvo.com/news/fls.html. The TSX Venture Exchange has neither approved nor disapproved the content of this press release. Nuvo Network Management Inc. (TSX VENTURE:NVO) |
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