Absolute Helps Enterprises Boost Software ROI, Employee Productivity, and Security with New Software and Web Usage Analytics

November 23, 2020

VANCOUVER, British Columbia – November 23, 2020Absolute® (TSX: ABST) (Nasdaq: ABST), a leader in Endpoint Resilience™ solutions, today announced new capabilities that provide IT and Security teams with advanced insights into software and web usage across their distributed endpoint device fleets. With Absolute’s new Software Inventory and Web Usage analytics, organizations can maximize returns on software investments and find potential cost savings; help ensure employees have the tools they need to work productively and securely from anywhere; and identify potential security vulnerabilities or blind spots arising from unsanctioned, insecure apps or web content.

According to a recent report from Spiceworks Ziff Davis, ‘The 2021 State of IT’, the need to enable a remote workforce and send a device home with every employee has found many businesses facing the true cost of software ownership. Investments in productivity and security software are among the top IT software categories global companies will prioritize in 2021, “signaling sustained enterprise interest in enabling remote work.” The report’s findings also name endpoint device security, specifically, as the top concern IT pros have for their distributed workforce.

“With devices staying largely off-network in the new world of remote and hybrid work models, IT departments face multiple challenges when it comes to having a complete picture of what software has been purchased and deployed, whether the apps being used are sanctioned or fully updated, and where they may have gaps in security or productivity,” said Ameer Karim, EVP of Product Management at Absolute. “These new features were developed to provide a holistic view without requiring manual checks or human intervention. The ability to automate software inventory and web app usage reporting comes with a number of benefits including identifying potential license non-compliance or waste, limiting shadow IT and the use of unsanctioned apps, ensuring tools like web filters are working effectively, and more.”

With a firmware-embedded position in more than half a billion endpoints, Absolute enables a permanent digital tether capable of delivering unbreakable visibility and a persistent stream of data whether a device is on or off the corporate network. The latest enhancements to the Absolute Resilience® platform enable enterprise organizations to:

  • Streamline software audits: Automatically scan for installed software applications to keep software inventory up to date, ensure optimal deployment of new apps, and monitor adoption of web-based apps.
  • Minimize complexity and waste: Detect app version complexities and redundancies, as well as potential license excess that could drive cost savings.
  • Boost employee productivity: Detect use of unapproved installed or web-based apps, to minimize ‘Shadow IT’ and identify any unmet employee software
  • Surface security and compliance risks: Identify unapproved apps or versions running on corporate devices, as well as users bypassing web filters and accessing insecure web content, to help mitigate potential security and compliance risks.

To learn more about Absolute’s new Software Inventory and Web Usage capabilities, including supported operating systems and browsers, visit here. To learn more about how Absolute’s undeletable defense platform enables always-connected visibility and Self-Healing Endpoint™ security, visit www.absolute.com.

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About Absolute Software

Absolute Software (NASDAQ: ABST) (TSX: ABST) is the only provider of self-healing, intelligent security solutions. Embedded in more than 600 million devices, Absolute is the only platform offering a permanent digital connection that intelligently and dynamically applies visibility, control and self-healing capabilities to endpoints, applications, and network connections - helping customers to strengthen cyber resilience against the escalating threat of ransomware and malicious attacks. Trusted by nearly 20,000 customers, G2 recognized Absolute as a leader for the tenth consecutive quarter in the Summer 2022 Grid® Report for Endpoint Management and as a high performer in the G2 Grid Report for Zero Trust Networking.

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