Nicus Announces Release of M-PWR 5.11

Salem, VA (April 30, 2018) – Nicus Software, a leading IT Financial Management (ITFM) software provider, today announced the release of M-PWR 5.11, the latest version of its ITFM platform, and the introduction of Nicus Cloud Financials, a new product only available on the M-PWR 5.11 platform.

Nicus Cloud Financials is a major addition to the Nicus suite of IT Financial Management software and represents Nicus’ continued commitment to IT cost and consumption transparency. Nicus Cloud Financials allows organizations to analyze and track spend from all major cloud providers, enabling IT leaders to make data-driven decisions about their cloud and hybrid cloud infrastructure.

Key features of Nicus Cloud Financials include:

  • Support for major cloud infrastructure providers, including Amazon Web Services (AWS), Microsoft Azure Enterprise (AzureEA), and Google Cloud Platform
  • Fast data collection from all supported providers
  • Data normalization, aggregation, and retention
  • Direct interface, through the M-PWR Platform, to Nicus Bill of IT
  • Robust reporting

“The introduction of Nicus Cloud Financials gives our government and enterprise customers critical visibility into the fastest-growing area of IT spend,” said Robert Mischianti, Nicus CEO. “With Nicus Cloud Financials, IT leaders can evaluate consumption by business unit and application, compare product and service rates between multiple providers, and ensure the most cost-effective solutions are leveraged for the need at hand. Cloud Financials should be considered an essential part of the CIO’s IT Financial Management toolkit.”

For more information about Nicus Cloud Financials, please visit www.nicus.com/products/cloud-financials/

In addition, M-PWR 5.11 introduces significant user interface and performance enhancements throughout the M-PWR platform, including the complete redesign of the platform’s administrative workflow management tool.

About Nicus Software

Nicus Software is a rapidly-growing software company providing IT Financial Management solutions to large enterprises and state and municipal governments. Its suite of products, which help customers achieve IT cost transparency and make informed IT investment decisions, are provided as SaaS or on-premises, and include IT Planning, Service Costing, Benchmarking, Bill of IT, Application TCO, Demand Management, and Cloud Financials. Representative Nicus customers include Visa, First Republic Bank, Target, Choice Hotels, Blue Cross Blue Shield of Louisiana, the State of Colorado, and Fidelity Investments.  Nicus is one of only two Gartner-recognized pure-play ITFM solution providers.Learn more at www.nicus.com.