Strategic planning is more difficult than ever…Planning tools are a dream come true to planning teams and CIOs. Having such a wealth of information in one place in a format that allows for the data to be easily manipulated and compared is a desire of all IT organizations across all decision-making processes.
Austin, Texas (PRWEB) April 7, 2009
Managing the complexities of a large IT organization in today's economy is not getting any easier. The demand for efficient use of technology, increasing complexity and shrinking budgets all make the CIOs job increasingly challenging. Fortunately, a new class of enterprise software tools, known as Strategic IT Planning software, is rapidly gaining adoption to meet the challenge.
In a March 2009 Forrester report titled "Tools For IT Planning", Troux Technologies was recognized as one of the "clear leaders" of the market. The report states, "Strategic planning is more difficult than ever…Planning tools are a dream come true to planning teams and CIOs. Having such a wealth of information in one place in a format that allows for the data to be easily manipulated and compared is a desire of all IT organizations across all decision-making processes."
"The CIOs I talk to would readily concur with the insights revealed in this report. It's no secret that the challenge is only getting tougher. IT Planning software is a revolutionary way to gain control over spiraling IT budgets and demands. For the first time, Strategic IT Planning software delivers the information necessary to make critical, C-level decisions," said David Hood, CEO of Troux Technologies, Inc.
Optimal IT Planning Tool Defined
The report, written by Forrester vice president, research director Sharyn Leaver , with senior research associate, Tim DeGennaro and research director Alex Cullen, states the "optimal tool base as one that keeps information regarding business strategy, IT capability, demand, capacity, and standards in a single place". It also outlined the elements provided in an IT Planning tool as follows:
- A repository of application data.
- Capability maps.
- Gap analysis tools.
- Modeling and analytic capability.
- Reporting tools.
Troux's ROI Reviewed and Cited at Over 700%
Troux previously announced the results of a commissioned study conducted by Forrester Consulting on behalf of Troux of its ROI model using the Forrester proprietary Total Economic Impact methodology. Key findings of the analysis show the following:
- Troux provided an ROI (Return-On-Investment) of over 700% for the Fortune 500 customer, meaning for every $1 invested in Troux software the organization received a returned value of $7.
- The investment in Troux paid for itself in less than 12 months.
A copy of the study can be found here: http://www.troux.com/resources/events/special/forrester_roi/
Troux provides CIOs with innovative software to drive urgent cost restructuring and business changes. With Troux, CIOs and their teams identify where IT spending and programs are redundant or out-of-step with business strategy, and can plan and manage necessary changes, with live status information and guidance to all relevant employees and executives.
Troux's unique approach results in immediate cost savings as well as step changes to ongoing IT efficiency, business response, and risk reduction. Troux customers and partners are large Global 2000 enterprises and government agencies, including Accenture, AstraZeneca, Barclays Bank, Bayer, Department of Homeland Security, Fiducia, Los Alamos National Laboratory, GMAC, Vattenfall and Vodafone.
To learn more, please see http://www.troux.com