Digital Fuel Helps Cut IT Costs Now!

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 8:00am EDT

ITSM Leader Gives Enterprises Instant, Detailed IT Cost Analysis
      to Eliminate Waste and Shave Up To 25% of IT Service Costs
SAN MATEO, Calif.--(Business Wire)--
Digital Fuel(R), the leader in IT Service Management (ITSM)
solutions, today announced relief for enterprises that want to rapidly
cut IT costs. At a time when every company is looking to streamline
spending, Digital Fuel is leading the way by offering companies
insight into where and how to save IT dollars today and in the future.

   "There is a lack of visibility into IT costs and IT service
utilization in many organizations which results in businesses creating
redundancies and not optimizing their investment in IT," said Barbara
Gomolski, Managing Vice President, at Gartner Inc. "By providing
real-time and ongoing visibility into IT spend and cost drivers,
organizations can significantly reduce IT spend--often by as much as
15%(1) or more--simply by identifying and cutting out duplication and
waste." However, locating and isolating this excess is a challenging
task. Digital Fuel addresses this problem head-on by providing
enterprises with instant insight into IT cost drivers--unnecessary
spend and service usage, poorly utilized IT spend, and avoidable cost
over runs.

   Digital Fuel's award winning ServiceFlow software solution
provides this important insight with unique capabilities that map
business services to their underlying components and costs.
Furthermore, by making IT costs transparent, ServiceFlow allows IT to
continuously drive down costs on an on-going basis and focus IT spend
on services that deliver real business value. The solution is
available as a hosted service or on-premise solution.

   "With Digital Fuel we were able to help our customers realize
approximately $10 million in IT services billing reductions in our
first year," said Floyd Rutan, Executive Director of Cummins Business
Services. "It gave us powerful insights into IT service usage across
our organization. We're now using Digital Fuel as a key component of
our overall IT service management initiatives."

   In today's uncertain economic times, Digital Fuel is providing a
highly valuable, easy to use solution that delivers immediate value to
reduce costs and improve overall service delivery. More than 500
enterprise organizations across a broad range of industries rely on
Digital Fuel as the foundation for managing their IT services to
dramatically cut costs and improve services.

   "Cutting IT costs is priority number one for enterprises in
today's economic downturn," said Yisrael Dancziger, CEO of Digital
Fuel. "We see our software as a big relief boat for thousands of
organizations looking to immediately cut IT costs and as a means to
keep IT service organizations continually streamlined for the
long-term. By cutting 25% of IT service costs, companies can get much
needed relief in an area that accounts for a large percentage of
overall operational costs."

   To learn more about how Digital Fuel can help drastically cut your
IT costs, visit the Digital Fuel website at
http://www.digitalfuel.com/ and sign up for a free trial of the
ServiceFlow solution for IT Financial Management.

   About Digital Fuel

   Digital Fuel Technologies, Inc., is the leading provider of
Service Catalog, Service Level Management (SLM) and Service Financial
Management software solutions for IT, Communications, HR, F&A in
enterprises and commercial service providers. The company's
ServiceFlow business software applications manage billions in Telco,
IT and other business services at companies and governments around the
world such as British Telecom, Cisco, Computacenter, CSC, Cummins,
Dell, General Electric, IBM, Nestle, O2, Procter & Gamble, Siemens,
SITA, Sprint, Steria, Telefonica, Telus, WiPro and many others.
Digital Fuel is headquartered in San Mateo, California, USA, with
offices across North America and Europe. Learn more at
www.DigitalFuel.com.

   (1) Statistic derived from Gartner, Inc., "Frequently Asked
Questions About Techniques for Reducing IT Costs," Barbara Gomolski,
September 18, 2006.

LaunchSquad
Jesse Odell, +1-415-625-8555
fuel (at) launchsquad (dot) com

Copyright Business Wire 2008
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