IBM today announced it has acquired CIMS Lab, Inc., a privately held software company which provides software that helps businesses track the usage of computing resources across virtualized technology environment. Examples of such resources include servers, storage, email, networks, databases, applications and operating systems.

According to IBM, “The software gathers raw data about information technology (IT) resource usage and converts it into organized financial information that can help companies more easily understand how their technology resources are being consumed across a virtualized infrastructure consisting of many platforms and systems.”

IBM press release: IBM Acquires CIMS Lab, Inc.