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All Press Releases for June 19, 2002 Subscribe to this News Feed    
 

Bit Economics announces the release of "9dimensions," its Enterprise Portfolio Management solutions set.

A leader in value management offers a substantial reduction in enterprise initiative costs and risks, as well as greatly increased returns through its Portfolio Management solution set for managing enterprise initiatives as assets in a portfolio. Bit Economics offers the best solution, and because of its business model and size allows for the most flexible relationships. Client pricing of the product is one example.

San Francisco, CA - Bit Economics today announced the release of its enterprise portfolio management solution set encompassing 9dimensions "methods" and "toolkit."

9dimensions "methods" supports evolving and maturing portfolio management capabilities within an organization. The fully distributable, HTML-based methodology actively engages the enterprise in defining, developing and conducting portfolio management and serves as a blueprint for moving forward. 9dimensions "toolkit" supports and facilitates the methods. The toolkit is software built on a "top-down, policy-based" foundation, and designed with quick and inexpensive implementation in mind.

Unlike its competitors, 9dimensions is not another project status roll-up and reporting software, but a true portfolio management solutions set. "We spent over eighteen months developing 9dimensions bringing to bear fifteen years of experience in portfolio management, input from over 1400 executives, and our staffs decades of experience in enterprise initiative management," said Charlene Grant, Chief Strategy Officer and co-founder. "Our solution is proactive and predictive in nature."

Businesses will now be able to truly manage their enterprise investments in initiatives, programs and projects as a portfolio of assets. 9dimensions utilizes modern portfolio theory along with best-practice initiative and program management to optimize risk, relationships and returns with top and bottom line consequences in mind: A highly flexible solution that allows for any combination of baskets, corporate objectives, portfolios, initiatives and asset classes.

"With proper implementation, clients can achieve savings of 5%-10% or more of yearly budgets," said Mohamad Boroumand, CEO and founder. "Our portfolio management solution is so consequential and innovative, and we are so sure of its value that we allow clients to price this product themselves."

About Bit Economics

Bit Economics is an upstream business solutions designer and an advisory services group whose primary focus is on value based management and the economics of information. We work with both IT and business organizations in managing and evaluating risk, managing initiative relationships, as well as returns analysis. Our clients to date have been multi-national corporations to venture firms and startups. We have worked in the following sectors: Healthcare, High Tech, Consumer Goods, Energy and Financial Institutions. Please visit us at www.BitEconomics.com or contact us at Information@BitEconomics.com.

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Jennifer White
Bit Economics
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