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The installed base of IT hardware and software is staggering. Today, there are over one billion computers and servers deployed worldwide and 15 billion intelligent devices in use, including mobile phones, medical devices, and base stations. In addition, the number of software applications running on these devices exceeds 50 billion! Less than 0.3 percent of these assets are accurately tracked on their networks. Why? Because adequate tools were not available to locate, characterize and inventory those assets. In 2000, Constantin Delivanis began a long journey to solve this problem. He co-founded BDNA with Alistair Black, Charles Marker, and John Thorpe. Their objective was to deliver software that would provide enterprises and government institutions with a complete inventory of IT assets in their network and with the critical data needed to optimize their IT infrastructure. By 2002, the Company was able to demonstrate its solutions to key clients including Motorola. BDNA conducted an asset inventory analysis for Motorola to ensure IT resources were aligned with “value-adding” business programs. This resulted in tremendous savings and allowed Motorola to fund additional initiatives without increasing its budget. Motorola was so happy with the product that they ended up joining a group of investors (including Crescendo and Telecom Italia) to finance the completion of product development. Early in 2005, BDNA was ready for expansion. Constantin called his old friend Ossama Hassanein who eventually joined the Board as Chairman leading to major financing which included Motorola, Kaiser, Nationwide Financial and Crescendo. We recruited a high performance team in China to begin compiling the largest catalog in the world on IT assets and ”fingerprints“. That same year, BDNA worked with Kaiser Permanente, one of the world's largest healthcare providers, on projects which resulted in Kaiser saving $400,000 per year on IT, mainly through reduction of support cost. Even bigger savings were realized by the US Navy who chose to deploy BDNA's software to optimize its $6 billion IT Asset operation. In 2006, the US Army followed suit. BDNA has demonstrated impressive revenue momentum growing from $0.6M in 2004 to $5.4M in 2005 and $15.6M in 2006. Today BDNA has over 40 customers ranging from Fortune 100 companies to large government institutions. In addition, BDNA's solutions are promoted and co-marketed by top players in the IT asset The Company is well positioned for continuing growth and international expansion in the next few years. |
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