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Business Service Management (‘BSM’) solutions provider BMC Software Inc. recently announced that Tennessee-based insurance carrier Unum has implemented the BMC Control-M Workload Automation solution in order to deliver improved information technology ('IT') services. Aided by this new technology from BMC, the insurance company aims to better handle its workload and manage costs effectively. Financial details of the deal were not disclosed.
Unum is the largest disability insurance company operating worldwide. It provides other employee benefits such as critical illness insurance and life insurance. The carrier was trying to automate its datacenter operations in order to ease job request handling for its IT staff. The idea was to make the IT infrastructure efficient and productive for the purpose of serving its clientele better. Learning the need, the insurance company wanted to deploy an efficient self-service workload automation solution.
BMC Software’s Control-M Workload Automation suite was a perfect fit for Unum’s IT infrastructure. BMC Software’s workload automation suite offers a range of capabilities required to manage traditional job scheduling, batch service management and workload automation. Leveraging the solution, Unum was able to bring down supervision time for its IT staff, who in turn were able to allot more time to other business perspectives.
Earlier, University of California System and University of Connecticut implemented the BMC Control-M Workload Automation solution in order to deliver improved IT services. Aided by this new technology from BMC, the educational institutions aimed to better handle their workload and manage costs effectively.
Foreseeing the demand for its Control-M solution, BMC Software introduced the next iteration of Control-M (version 8) to include features like new user interface, simplified tools and higher throughput. The new solution will accelerate job processing time, use lesser server space and further optimize costs.
Moreover, it is worth mentioning in this context that the proven success of BMC’s Control-M Workload Automation solution at various enterprises has fetched recognition from the U.S. IT research firm Gartner Inc. (IT - Snapshot Report). Earlier this year, Gartner positioned the suite in the Leaders Quadrant of the 2012 “Magic Quadrant for Workload Automation”.
Though European concerns persist, we remain positive about BMC’s continuous deal wins. But lackluster third quarter 2013 results, lowered fiscal 2013 guidance and a weak booking trend keeps us bearish on the stock.
Currently, BMC Software has a Zacks Rank #4 (Sell). Not all software stocks are performing as badly as BMC. Advent Software (ADVS - Snapshot Report) and Symantec Corp. (SYMC - Analyst Report) have a Zacks Rank #1 (Strong Buy) and are worth buying.