BAROMETRIX & AJILON CONSULTING LAUNCH
NEW SERVICE TO MANAGE IT BUSINESS VALUE
IT Value Management Service Gives CIOs
Ability to Make IT Decisions Based on Business Value
TOWSON, MD / FRAMINGHAM, MA - Sep 30, 2003 -
The high cost of large information technology (IT) initiatives
coupled with a need to demonstrate solid return on IT investments
are the key drivers behind a new service launched today by
Ajilon Consulting and Barometrix. Known as "IT Value
Management," the new service combines Barometrix's Value
Accelerator™ software toolset, which began shipping
in 2001, with Ajilon Consulting's implementation, life cycle
governance and management capabilities. IT Value Management
lets CIOs demonstrate objectively to corporate management
the lasting business value of the organization's current
and future IT investments. The service will be demonstrated
at the SIMposium IT trade show in New York, October 12-14,
2003, and will be available to customers following the show.
"We've made the CIO's decision process easier by making
it more objective," said Bob Ryder, vice president for
Professional Services at Ajilon Consulting. "CIOs often
have to struggle to convince management of the benefits of
investing in this technology or that initiative. Now with
IT Value Management, every IT decision can be based on its
business value."
Ryder explained that IT Value Management lets the CIO and
top management view and analyze the value of all IT investments
- applications, projects, infrastructure, people and processes
- in the context of industry benchmark data, IT objectives,
and the organization's financial metrics such as revenue,
headcount or productivity. The outcome is a clear and definitive
relationship between dollars spent on technology and what
that investment is worth to the business.
"Technology should demonstrate measurable returns,
just like any other business investment," said Barometrix
CEO Dave Vellante. "IT Value Management provides C level
managers with a methodology for taking the guesswork out
of technology decisions. We've built a software framework
to proactively measure IT value across the entire enterprise
and preview the business impact of IT investments, before
major expenditures are committed." Vellante added that
the Barometrix Value Accelerator™ has excellent "what-if" capabilities.
These features let the CIO investigate the financial and
business impact of specific actions or changes to the organization's
IT portfolio. For example, "how will a new application
impact organizational productivity?"
"Value has become a board room-level mandate," said
Ajilon Consulting's Ryder. "Technology moves from simply
an organizational cost to a value creator once its contribution
is apparent. And Ajilon Consulting's life cycle emphasis
of IT Value Management breeds a new culture, a value culture
throughout the organization that fosters a less emotional,
value based decision-making process."Included in the
IT Value Management service is Barometrix's ValueBase comparative
benchmarking tool and Value Accelerator™ software and
Ajilon Consulting's IT value life cycle methodology and implementation
services.About Ajilon Consulting Ajilon Consulting is a complete
service provider of IT business solutions including software
quality assurance, software testing, systems development
and integration, help desk services, outsourcing, and supplemental
IT services. In 1995, Ajilon Consulting became the first
U.S. information technology services firm to achieve ISO
9001 certification of its quality system. Headquartered in
Towson, Md., Ajilon Consulting has over 40 offices nationwide
with additional locations in Canada, United Kingdom, Continental
Europe and Australia. Clients include Fortune 1000 companies
and large multinationals, mid-size corporations and public
employers in a full range of industries including manufacturing,
finance, telecommunications, healthcare, transportation and
insurance. More information is available at ww.ajilonconsulting.com
About Barometrix
Barometrix is a privately held software company founded
in 1999 by leading business and technology professionals.
The company develops powerful portfolio management and business
analytics solutions designed to link IT and other investments
to corporate financial performance. The company's software
has been used at several hundred organizations in North America,
Europe, the Asia/Pacific region and other emerging countries
to focus IT investments on returning optimal business value. |
