New ROInow! Tool Quantifies Financial Benefits of Web Commerce
Now CFOs can quickly establish the ROI of eCommerce
Boxborough, MA -- CIOview, the leading provider of ROI and TCO analysis tools for information technology investments, today announced a new product for companies wanting to measure return on investment for e-business initiatives -- ROInow! for WebSphere Commerce.
ROInow! for WebSphere Commerce is a comprehensive planning and configuration tool valuable in determining the totals costs and financial benefits when an organization is implementing a WebSphere e-commerce site. Its unique configuration planning capability allows the user to change underlying assumptions of site growth or customer activity, and immediately see the number of servers needed to support these changes. In addition, a powerful "what-if" capability allows you to change your site traffic estimates, downtime accounting methodology, expectations concerning deployment resources, and financial assumptions such as tax rates, cost of capital, etc. The result of all these features is a 35-page business case report that can be used as a whole or modified to fit a user's need.
"E-business is an imperative for most companies, but often the financial benefits are unclear. ROInow! for WebSphere Commerce give an organization more visibility into what factors influence the returns on their e-business initiatives, and how they are affected," said Scott McCready, CIOview president.
Weeks of Work Now Minutes Using ROInow!
Before ROInow! it took weeks of work to configure and therefore cost a WebSphere Commerce solution. Now, using ROInow! for WebSphere Commerce, customers can get an answer in a matter of a few minutes. More importantly they get an interactive understanding of the major factors that drive both the costs and benefits of eCommerce.
Building an eCommerce site has been an expensive and risky proposition to date for most companies, because it was all but impossible to accurately predict traffic volume and behavior. ROInow! changes all of that because it allows you to modify all your basic assumptions and immediately see the implication for your system configuration and therefore costs.
"ROInow! for WebSphere can save an organization months of work. The level of detail and comprehensive analysis is more than any organization can pull together on its own in a short timeframe," comments McCready. "Accurate budgeting is essential for businesses, and ROInow! gets you there quickly."
Usable by All - CFOs to IT
ROInow! for WebSphere Commerce, through an easy, question-and-answer format, lets your company evaluate the costs and benefits of implementing an eCommerce solution. You don't have to be a technology or finance expert to gain an accurate, granular view of the costs and benefits associated with an eCommerce implementation. In 5 minutes or less you can quickly establish what the basic costs and benefits are of deploying eCommerce. Furthermore, it becomes immediately apparent what the major factors are that drive your costs and benefits. If you are satisfied that a more detailed analysis is warranted you simply move into the FullView portion of ROInow! where you can modify all of the underlying assumptions.
ROInow! has hundreds of default data points, each accompanied by a helpful hint to guide you to either accept the default answer or help you change it appropriately. Once you have completed your ROI analysis you can perform "what-if" scenarios to test the robustness of your assumptions. Finally the product automatically delivers an editable 35-page business case detailing all of your individualized costs and assumptions.
Features of ROInow! for WebSphere Commerce
- A robust inference engine using hundreds of data points creates a system configuration
- A capacity planning engine which changes the system configuration based on your anticipated growth rates
- Simple to use format
- Helpful hints and assumptions built into the product get you up and running immediately, without formal training
- Financial analysis for 3, 4, or 5-year periods
- Choice of financial results: after-tax ROI, budgeted ROI, "CFO-ready" ROI
- Automatically generated charts: Total cost by platform, TCO by platform over time, total budgeted cost by platform, breakdown of annual an initial costs by platform, and more
- Comprehensive "what-if" scenarios -- one click changes tax rate, cost of capital, depreciation method, equipment capitalization threshold and more
- "Behind the Scenes" section details the assumptions and defaults for all costs
- Default values provided for all selections; can be overridden if your organization has specific costs
- A comprehensive report that details your costs by category and explains your financial results is available to view on-screen and export.
Pricing and Availability
ROInow! for WebSphere Commerce is available now and can be purchased on the company's web site at www.cioview.com for $999.
About CIOview
CIOview is the industry standard provider of software products that configure, cost and compare technology solutions, so that IT professionals make better purchasing decisions. Use by more than 80% of Fortune 100 companies, CIOview is the standard for comparing value of IT solutions.
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