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The Riverside Company is a global private equity firm based in New York City, focused on
investing in and acquiring growing businesses valued at up to $250 million. Their reach is
worldwide across four continents and more than 200 employees and consultants.
Goodbye untenable, beastly software that required the use of costly consultants.
A new ITSM solution puts the power back into IT’s hands, improves efficiency, and
delivers better business value throughout the organization.
Slay the Beast:
How The Riverside Company got control of its
IT Service Desk
© 2014 Samanage Ltd. All Rights Reserved.
Private Equity Capital
Industry
Case Study
Inflexible, unwieldy ITSM solution
Complicated asset tracking
Vendor sunsetting software
ITSM Challenges
Background
With the company spread out globally, there
were a number of different challenges in
managing and maintaining a smooth tech-
nology operation. Eric Feldman, Director of
IT at The Riverside Company, and his team
were using an on-premise IT Service Man-
agement (ITSM) product called BMC Service
Desk Express®
(SDE). From a functionality
perspective the SDE solution was complex
and inflexible. Any changes, reports or even
workflow required the work of an expen-
sive third-party expert. On top of being a
productivity and cost drain, this created a
disconnect since the consultant was not part
of the organization’s objectives. The technol-
ogy that was supposed to be an enabler was
instead becoming a drain on their resources.
The team also had to resort to managing
contracts and vendors through an assort-
ment of Excel®
spreadsheets and Share-
Point®
sites because the SDE asset tracking
solution was too complicated and time
consuming. To prevent a contract from po-
tentially following through the cracks, they
knew they needed to transition to a solution
that would streamline the contract manage-
ment process, and provide a more a central-
ized model enabling the team to quickly
locate global assets and to report on them.
Overall, the IT team felt frustrated knowing
there had to be a better way. The announce-
Challenges
ment that BMC would be sunsetting the SDE
offering spurred the team to action. Feldman
felt the timing was right for his team to
make a fresh start and look into alternative
solutions.
The Riverside Company was ready to move
to a cloud ITSM solution that had:
The ability to easily customize in-house
without the need for third party consul-
tants.
Straightforward implementation and
ease of use for the IT team and their
internal customers.
Product flexibility with the opportu-
nity to request changes and customize
features.
A strong user community to learn from
and collaborate with.
ITIL-ready functionality
Ability to extend beyond IT
Through peer networking, traditional
Google™ searches, and recommendations
from support communities and former col-
leagues, Feldman narrowed down the search
to ServiceNow®
and ZenDesk®
. “We were
enamoured with ServiceNow, but the cost
was prohibitive,” says Feldman.
Solution
The Riverside Company quickly
achieved a centralized location for
asset management, allowing them
to create beneficial reporting and
make informed budgeting decisions
in a matter of weeks.
Outcome
1-888-250-8971
www.samanage.com
© 2014 Samanage Ltd. All Rights Reserved.
C A S E S T U D Y : T H E R I V E R S I D E C O M P A N Y
The value of Samanage was quickly felt throughout The
Riverside Company.
In just a matter of weeks, asset management was fully
deployed and 90% of the contracts were added into
Samanage. Centralizing this information has allowed for
easier reporting and has enabled the team to make in-
formed decisions with the data being so easily accessible.
“It [asset warranty notification] has been very important
from a fiscal perspective, because you want to avoid
contracts auto-renewing,” said Feldman.
Samanage provides automated warranty management
for the four major hardware manufacturers: HP, Lenovo,
Dell and Apple. Riverside’s CFO appreciated that Saman-
age provided detailed, accurate warranty information for
its ability to accurately budget for hardware replacement
and management. They are now able to see all warranty
information automatically and quickly produce reports
for each budgeting cycle in preparation for the next fiscal
year.
Samanage’s agent-based asset management solution en-
sures the accuracy and level of granularity they needed.
Within 4-5 days, Feldman was able to push the agent
out to all of their computers globally: “Just by pushing
out that agent, I have real tangible access to data that
is meaningful not just to me but to others in my office
that have to track assets, such as my CFO and accounting
team.”
Feldman also believes that Samanage will have a large
impact outside of the IT department. They plan to use
Samanage for other functional areas across the organiza-
tion, including to manage request from investors. “I really
see Samanage as the single source to house and man-
age all requests across the firm, be it marketing, human
resources and obviously IT. That will be a very powerful
impact for us, giving us the ability to provide better cus-
tomer service to all Riverside team members regardless
of where they are in the world,” says Feldman.
Benefits
We’d love our next success story to be the one
we write together with you. Let us know how we
can help at 888-250-8971.
Excel and SharePoint are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.
BMC and Service Desk Express are trademarks or registered trademarks of BMC Software, Inc. in the U.S. and/or certain other countries.
ServiceNow is a trademark of ServiceNow, Inc.
Zendesk is a trademark of Zendesk, Inc.
Google is a trademark of Google Inc.
Ultimately, he learned about Samanage through Ze-
nDesk, a Samanage referral partner. “What we saw with
Samanage was almost identical to what ServiceNow
was offering but was much easier to use and custom-
ize. And, we definitely wanted something like that; we
didn’t want to deal with another big monster. ”
“When I went to the Samanage site, I pulled in my
Manager of IT Operations and said ‘This is exactly what
we are looking for.’” Feldman and his team were able to
utilize the invaluable resource of the Samanage Com-
munity immediately, and received valuable insight into
the solution direct from other users.
The Riverside team wanted to touch and feel the
product immediately without having to go through
2-3 marketing presentations. Feldman was able to go
through a full trial demonstration of the application. As
he described it, “This wasn’t a smaller scaled back ver-
sion. Samanage exposed the entire product to us.”
After some discovery calls, Feldman found the Samanage
team to be very approachable, focusing on Riverside’s
needs and how Samanage could meet them. “I didn’t
feel like I was being oversold anything. I felt the Saman-
age sales team listened to my needs and put them first,”
Feldman said. Throughout the decision process Feldman
worked with a single point of contact at Samanage and
found that if there was a capability Riverside was looking
for, his Samanage Customer Success representative would
review with the product team to determine if it could fit
in the road map. Feldman made a request for a particular
feature and within a couple of weeks he was notified
that the functionality would be added. “They saw that
there was a need for this feature and it could affect the
greater good. They went ahead and moved forward with
implementing it in a very timely and professional manner
[which is not typical with software vendors].” Feldman
found the Samanage team to be very forthcoming and
upfront both during the sales process and after Riverside
became a client. He could see the agility in the platform
and welcomed having a Samanage representative willing
to listen and push things forward on his behalf.
“When I went to the Samanage site, I pulled
in my Manager of IT Operations and said
‘This is exactly what we are looking for.’”
Eric Feldman
Director of IT
The Riverside Company
CASESTUDYTHERIVERSIDECOMPANY

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How The Riverside Company Got Control of Their IT Service Management

  • 1. The Riverside Company is a global private equity firm based in New York City, focused on investing in and acquiring growing businesses valued at up to $250 million. Their reach is worldwide across four continents and more than 200 employees and consultants. Goodbye untenable, beastly software that required the use of costly consultants. A new ITSM solution puts the power back into IT’s hands, improves efficiency, and delivers better business value throughout the organization. Slay the Beast: How The Riverside Company got control of its IT Service Desk © 2014 Samanage Ltd. All Rights Reserved. Private Equity Capital Industry Case Study Inflexible, unwieldy ITSM solution Complicated asset tracking Vendor sunsetting software ITSM Challenges Background With the company spread out globally, there were a number of different challenges in managing and maintaining a smooth tech- nology operation. Eric Feldman, Director of IT at The Riverside Company, and his team were using an on-premise IT Service Man- agement (ITSM) product called BMC Service Desk Express® (SDE). From a functionality perspective the SDE solution was complex and inflexible. Any changes, reports or even workflow required the work of an expen- sive third-party expert. On top of being a productivity and cost drain, this created a disconnect since the consultant was not part of the organization’s objectives. The technol- ogy that was supposed to be an enabler was instead becoming a drain on their resources. The team also had to resort to managing contracts and vendors through an assort- ment of Excel® spreadsheets and Share- Point® sites because the SDE asset tracking solution was too complicated and time consuming. To prevent a contract from po- tentially following through the cracks, they knew they needed to transition to a solution that would streamline the contract manage- ment process, and provide a more a central- ized model enabling the team to quickly locate global assets and to report on them. Overall, the IT team felt frustrated knowing there had to be a better way. The announce- Challenges ment that BMC would be sunsetting the SDE offering spurred the team to action. Feldman felt the timing was right for his team to make a fresh start and look into alternative solutions. The Riverside Company was ready to move to a cloud ITSM solution that had: The ability to easily customize in-house without the need for third party consul- tants. Straightforward implementation and ease of use for the IT team and their internal customers. Product flexibility with the opportu- nity to request changes and customize features. A strong user community to learn from and collaborate with. ITIL-ready functionality Ability to extend beyond IT Through peer networking, traditional Google™ searches, and recommendations from support communities and former col- leagues, Feldman narrowed down the search to ServiceNow® and ZenDesk® . “We were enamoured with ServiceNow, but the cost was prohibitive,” says Feldman. Solution The Riverside Company quickly achieved a centralized location for asset management, allowing them to create beneficial reporting and make informed budgeting decisions in a matter of weeks. Outcome
  • 2. 1-888-250-8971 www.samanage.com © 2014 Samanage Ltd. All Rights Reserved. C A S E S T U D Y : T H E R I V E R S I D E C O M P A N Y The value of Samanage was quickly felt throughout The Riverside Company. In just a matter of weeks, asset management was fully deployed and 90% of the contracts were added into Samanage. Centralizing this information has allowed for easier reporting and has enabled the team to make in- formed decisions with the data being so easily accessible. “It [asset warranty notification] has been very important from a fiscal perspective, because you want to avoid contracts auto-renewing,” said Feldman. Samanage provides automated warranty management for the four major hardware manufacturers: HP, Lenovo, Dell and Apple. Riverside’s CFO appreciated that Saman- age provided detailed, accurate warranty information for its ability to accurately budget for hardware replacement and management. They are now able to see all warranty information automatically and quickly produce reports for each budgeting cycle in preparation for the next fiscal year. Samanage’s agent-based asset management solution en- sures the accuracy and level of granularity they needed. Within 4-5 days, Feldman was able to push the agent out to all of their computers globally: “Just by pushing out that agent, I have real tangible access to data that is meaningful not just to me but to others in my office that have to track assets, such as my CFO and accounting team.” Feldman also believes that Samanage will have a large impact outside of the IT department. They plan to use Samanage for other functional areas across the organiza- tion, including to manage request from investors. “I really see Samanage as the single source to house and man- age all requests across the firm, be it marketing, human resources and obviously IT. That will be a very powerful impact for us, giving us the ability to provide better cus- tomer service to all Riverside team members regardless of where they are in the world,” says Feldman. Benefits We’d love our next success story to be the one we write together with you. Let us know how we can help at 888-250-8971. Excel and SharePoint are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. BMC and Service Desk Express are trademarks or registered trademarks of BMC Software, Inc. in the U.S. and/or certain other countries. ServiceNow is a trademark of ServiceNow, Inc. Zendesk is a trademark of Zendesk, Inc. Google is a trademark of Google Inc. Ultimately, he learned about Samanage through Ze- nDesk, a Samanage referral partner. “What we saw with Samanage was almost identical to what ServiceNow was offering but was much easier to use and custom- ize. And, we definitely wanted something like that; we didn’t want to deal with another big monster. ” “When I went to the Samanage site, I pulled in my Manager of IT Operations and said ‘This is exactly what we are looking for.’” Feldman and his team were able to utilize the invaluable resource of the Samanage Com- munity immediately, and received valuable insight into the solution direct from other users. The Riverside team wanted to touch and feel the product immediately without having to go through 2-3 marketing presentations. Feldman was able to go through a full trial demonstration of the application. As he described it, “This wasn’t a smaller scaled back ver- sion. Samanage exposed the entire product to us.” After some discovery calls, Feldman found the Samanage team to be very approachable, focusing on Riverside’s needs and how Samanage could meet them. “I didn’t feel like I was being oversold anything. I felt the Saman- age sales team listened to my needs and put them first,” Feldman said. Throughout the decision process Feldman worked with a single point of contact at Samanage and found that if there was a capability Riverside was looking for, his Samanage Customer Success representative would review with the product team to determine if it could fit in the road map. Feldman made a request for a particular feature and within a couple of weeks he was notified that the functionality would be added. “They saw that there was a need for this feature and it could affect the greater good. They went ahead and moved forward with implementing it in a very timely and professional manner [which is not typical with software vendors].” Feldman found the Samanage team to be very forthcoming and upfront both during the sales process and after Riverside became a client. He could see the agility in the platform and welcomed having a Samanage representative willing to listen and push things forward on his behalf. “When I went to the Samanage site, I pulled in my Manager of IT Operations and said ‘This is exactly what we are looking for.’” Eric Feldman Director of IT The Riverside Company CASESTUDYTHERIVERSIDECOMPANY