Greenwich Technology Partners® Launches Consolidation Solutions To Meet Growing Demand For IT Optimization & Cost Cutting

Greenwich Technology Partners (GTP®) announced today its IT Infrastructure Consolidation Solutions offering which helps large enterprises consolidate their IT infrastructures to dramatically cut costs while improving application performance. GTPs IT Infrastructure Consolidation Solutions utilize a broad range of technical and business project management skills to mitigate customer risk and ensure an improved level of performance for business critical applications.

Economic Realities Drive Companies To Realize Significant Cost Savings By Consolidating and Optimizing Their IT Infrastructures

WHITE PLAINS, NY - October 16, 2002 - Greenwich Technology Partners (GTP®) announced today its IT Infrastructure Consolidation Solutions offering which helps large enterprises consolidate their IT infrastructures to dramatically cut costs while improving application performance. GTPs IT Infrastructure Consolidation Solutions utilize a broad range of technical and business project management skills to mitigate customer risk and ensure an improved level of performance for business critical applications.

Across nearly all of our clients vertical industries, virtually all new spending at present is designed to optimize and consolidate previous IT infrastructure expenditures," said Joseph P. Beninati, CEO of Greenwich Technology Partners.

Consolidation Solutions is currently one of the fastest growing segments of GTPs business," Mr. Beninati said. GTP has supported the integration and consolidation activities of many of the largest global businesses in North America and Europe, helping them to double and triple their IT infrastructure ROI over previous levels," he added.

GTPs IT Infrastructure Consolidation Solutions typically involve the consolidation of servers, data centers, storage systems, security platforms, software applications, databases, network operations centers, and IT personnel. Consolidation Solutions draw on GTPs proprietary NetValue methodology and expertise in storage, security, internetworking, network economics, and performance management to increase return on investment (ROI) on existing technology investments and to allow for better control over total cost of ownership (TCO) in the future.

We have confidence in GTPs objectivity and superior project management capabilities as they assist us throughout the entire consolidation process," said Dennis Callahan, Senior Vice President and Chief Information Officer, The Guardian Life Insurance Company of America. We expect to cut half of our distributed computing environment costs as a result of this project," he said.

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The benefits of IT infrastructure consolidation include reduced staffing costs through centralized management, increased uptime of critical data, greater ability to scale as storage and computing needs continue to escalate, improved service levels to customers, and increased financial leverage of key vendors.

META Group is seeing server/storage consolidation on the rise. While this can save on administrative costs, we usually see a concomitant rise in network bandwidth costs," said Jerald Murphy, Senior Vice President and Service Director of Global Networking Strategies, META Group. Detailed end-to-end analysis of the entire infrastructure must be done in order to ensure that economies in one infrastructure domain are not achieved at the expense of another. Properly consolidated and optimized infrastructures require competence in business analysis, service level requirements and infrastructure design and implementation."

Infrastructure planners must re-architect their planning assumptions and designs to reflect this new reality of infrastructure consolidation, retirement of legacy systems, rationalization of previous years inefficiencies, and continuous changes in their businesses from M&A activity, divestiture, etc.," Mr. Callahan stated.

The economic realities in todays marketplace are driving companies to more efficiently deploy their resources, realizing significant cost savings by consolidating their IT infrastructures," he concluded.

About Greenwich Technology Partners
Greenwich Technology Partners (GTP) enables Global 2000 financial services, pharmaceutical, energy, manufacturing, and other information-driven corporations to achieve their business objectives by optimizing the performance of their IT infrastructures. GTP provides a unique combination of objective business analysis, project management, and technological expertise to address our clients' strategic needs. GTP applies best practice consulting skills to a broad range of technologies including systems and storage, internetworking, application and network performance management,
security, and convergence. For additional information visit www.greenwichtech.com

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