Product category:
Project management software
News Release from: PlanView UK | Subject: Metresis technology investment model
Edited by the Manufacturingtalk Editorial
Team on 19 February 2007
Market leading portfolio management
service
Planview and Morgan Hill have introduced a new service aimed at those sanctioning IT investments.
Planview, the leading provider of comprehensive portfolio management solutions and Technology Management Consultancy, Morgan Hill has announced a new service aimed at those sanctioning IT investments The service will be of value to corporate executive boards and addresses the perennial question: What value arises from the growing investment made in technology and what is the risk profile attached to it?
This article was originally published on Manufacturingtalk on 23 Mar 2006 at 8.00am (UK)
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The question is answered by using Planview Enterprise, Planview's portfolio management product to deploy the Morgan Hill Metresis model against elements of corporate strategy and portfolios of technology investments.
The Metresis model provides a crystal clear analysis of:.
* Where the investment is going.
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* How it aligns with corporate strategy.
* What value arises from it.
* What risk profile attaches to the investment.
* Who is responsible for delivering the value.
The model has been deployed across a range of industries in a number of FTSE 100 and 250 companies with great success.
The results are a measurable and significant increase in the financial return achieved from the investment made in technology.
"Our clients have used this model to invest in technology with a much higher degree of confidence".
"In addition, the model allows an executive board to see what competitive advantage is being gained from the technology investment".
"We have CEO, CFO and CIO level testimonies to both these facts".
says Nigel Duke, MD of Morgan Hill.
Commenting on the new service, Pat Durbin CEO of Planview says: "The great advantage this service brings to Planview's clients is the ability to embed the disciplines of Metresis into operational procedures".
"This means that the technology investment can be actively managed for value on an ongoing basis using Planview as the delivery mechanism".
"It really does bring the business and IT leaders together in a way that measurably benefits the organisation as a whole".
The service is available initially in the UK with continental European rollout planned for later in 2007.
It can be deployed and proven in any organisation with an annual IT investment of more than approximately EURO15m pa within three months.
The Metresis model has been successfully applied in organisations with technology investments of up to EURO600m per annum.
A webcast entitled "Proof of Value - A Boardroom Perspective" will take place on Thursday March 8th at 14.00 to provide a background to the new service.
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