Press release

Netformx Wins Gold for Asset Management Tools in the 14th Annual 2019 IT World Award®

Sponsored by Businesswire

Netformx® a leader supporting the IT sales lifecycle from presales to renewal for IT solution and service providers, vendors, and distributors, announced today that Network Products Guide has named Netformx AssetXpertTM a Gold winner in the 14th Annual 2019 IT World Awards® for Asset Management Software Tools. These industry and peer recognitions from Network Products Guide are the world’s premier information technology awards honoring achievements and recognitions in every facet of the IT industry.

Management of customer IT assets and contracts can be challenging and time-consuming. IT assets are spread across multiple sites, networks and geographies, and their maintenance varies by location, asset type, service type, coverage level, and more. The Netformx AssetXpert portal summarizes in real time your customer’s asset service contracts and Last Day of Support (LDoS) notifications as well as asset-to-service levels. Visibility is provided into SmartNet lifecycle contract start and end dates, as well as active and expired contract status. AssetXpert provides interactive search capabilities and drill-down of asset details and reflects the asset selections on a geographic asset heat map. Reports, such as asset lists, can be downloaded to document current status.

The annual IT World Awards recognition program encompasses the best in organizational performance, products and services, and hot technologies in every area of information technology. Judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2019 award winners.

Supporting Quote

“It’s an honor to be named a Gold winner by IT World Awards,” said Ittai Bareket, Netformx, CEO. “This further validates our position as a company poised to successfully address the IT solutions lifecycle from presales to renewal. With the recent release and early adoption of AssetXpert, solution providers and their customers are experiencing first-hand how to remove the complexity associated with the management and renewal of contracts, subscriptions, and assets.”


About Netformx

Netformx enables IT solution and service providers, vendors, and distributors to design and deliver multi-vendor IT solutions quickly and effectively. It helps the Cisco channel increase revenues and create an improved buying experience for their customers. The Netformx application suite streamlines the sales lifecycle for pre-sales, post-sales, and subscription and renewal management. It grows profit margins by optimizing use of Cisco incentives, promotions, discounts, and rebates. Automation and powerful analytics provide business intelligence and actionable insights that enable partners to eliminate manual work, improve efficiency, collaborate, and achieve better business outcomes and customer success.

Netformx has 2,000+ customers globally including ALE, AT&T, Bell Canada, BT, Cisco, Dimension Data, Insight, Optus, and Telstra. Our multivendor KnowledgeBase™ contains client and vendor products, services, and program compliance data from vendors such as Cisco, ALE, Check Point, Juniper, and Riverbed., Twitter and LinkedIn.

About NPG’s IT World Awards

As industry’s leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. The Annual IT World Awards is part of the SVUS Awards® recognition program from Silicon Valley in the United States of America. To view the complete list of winners visit