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Stock impact report

Turbonomic Awarded IT-70 GSA Contract Through Lifeboat

Wayside Technology Group, Inc. (WSTG) 
US:NASDAQ Investor Relations: waysidetechnology.com
Company Research Source: GlobeNewswire
EATONTOWN, N.J., Sept. 19, 2019 (GLOBE NEWSWIRE) -- Lifeboat Distribution, an international value-added distributor for disruptive and emerging technologies and subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), announced today that Turbonomic, the leader in Application Resource Management, has been added to Lifeboat's IT Schedule 70 General Services Administration contract. The IT-70 GSA contract will allow federal, state and local U.S. government agencies to accelerate their application modernization and cloud adoption initiatives through Turbonomic and its registered partners. Federal agencies are under pressure to digitally transform while reducing expenses. However, the trifecta of IT modernization, siloed IT teams, and diversity of disparate management tools creates complexity that is beyond human scale to manage. This complexity creates risk in the forms of application performance, violation of compliance agreements, and unplanned cloud cost overages. Access to Tur Show less Read more
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