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We’ve all heard the maxim about needing to spend money to make money, and this seems true of most IT projects intended to boost revenue. But did you know there are tools you can purchase to help you calculate the ROI of all IT projects you embark on?
Alinean makes the ValueIT 3.0 suite for aligning IT investment strategy with business value. The framework includes ProjectROI for evaluating and adjusting project plans, BudgetPlanning for optimizing spending plans and demonstrating bottom line impact, and PeerComparison for tracking IT spending and performance vs. your peers. Go to https://www.alinean.com/ValueIT.asp to view demos of the ValueIT components.
Pricing for ValueIT starts at $10,000 and includes access to a library of ROI templates, and quarterly updates to the peer comparison database.
Similarly, ITCentrix makes Application e-Valuator and Project e-Valuator to investigate the financial and business impact of specific actions or changes to an organization’s IT portfolio. The software measures the business value generated by IT and specific projects.
Application e-Valuator and the Project e-Valuator module are part of ITCentrix’s Value Accelerator offering, which also includes consulting services and ITCentrix’s proprietary database of value benchmarks. (See https://www.itcentrix.com/vasover.html). You can fine screen shots of the tool at https://www.itcentrix.com/soft4.html.
Finally, CIOView’s ROINow! Consultant creates a comprehensive ROI analysis of technology investments. The product uses a Q&A format to guide you through data input. Take a peek at https://www.cioview.com/tour/consultant/pop_up01.htm. ROINow! Consultant costs $499 and is available for download from CIOView’s site.
