CIOview eUpdate
Secrets to an Impressive ROI Analysis

With the Internet boom just a memory, and with CNN interviews of CEOs discussing business models with no profit angle a thing of the past, a new age of rational business behavior has descended upon US companies. It’s based on three simple factors: profits, profits and profits.

The goal of any rational business is to maximize expected profits, and the sole way to accomplish that goal is for companies to invest in those projects that generate the highest rates of return. For many years IT was exempt from this financial discipline, but those days are gone.

An effective ROI analysis is less about the “ROI” and more about the “analysis.” The formulas and calculations can be generated in a spreadsheet. Figuring out what to include in the analysis, ensuring that you don’t miss any substantial costs or benefits, and understanding the dependencies are core to a meaningful ROI analysis. Here’s a primer on just how to do the “analysis” in your ROI analysis.

ROI and TCO scrutiny of pending projects is now the norm in most organizations. The thresholds for requiring an ROI or TCO analysis have dropped over the past year, to about $100k for the F200 and even as low as $25k for smaller companies. The good news is that ROI studies are easier to accomplish than one might imagine. The software tools to generate an all-inclusive business case are getting better and better. CIOview’s ROInow! Consultant is in use by hundreds of companies, and is in its fourth release. Take a tour of ROInow! Consultant.

CIOview is pleased to announce ROInow! Consultant 4.0, featuring:

• Automatic updates from the Web providing the latest data
• New user interface improves the look and usability
• Improved output Report, more detailed and clearer format in Word
• Default questions and data can be customized or deleted
• Analysis can be extended out to 3, 4 or 5 years
• Assess project risk using your preferred approach
• Cost allocation over time included in each category
• Improved graphing capability
• More flexible architecture allows you to create/add new templates with ease

Join us for a complementary web seminar:

Preparing the Business Case for Your IT Investments.
Comprehensive Analysis in 30 minutes using ROInow! Consultant

To request a presentation for yourself or your ROI team, call our Sales department at (978) 635-9540 or send an email to CIOview now.

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All contents are Copyright © 2005 CIOview Corp. All rights reserved. Patents pending. CIOview® and ROInow!® are registered trademarks, and TCOnow!™, SecurityNOW!™, Simplifying IT Purchasing™, Business Value Library™, CompareITnow™, Real-Time TCO, and Real-Time ROI™ are trademarks of CIOview Corp. Disclaimer: This information is provided to you as a tool "as is" with the understanding that there are no representations or warranties of any kind either express or implied. CIOview disclaims all warranties including, but not limited to, implied warranties of merchantability or fitness for a particular purpose. More information.