A majority of IT project investments over the last couple of years have not met expectations and with over two-third not meeting budget, schedule, and/or requirement goals, IT responsibles are being held to a new level of accountability and are suffering a crisis of credibility. CIOs are under pressure to immediately deliver bottom-line impact, helping to decrease corporate expenses, and hold steady or reduce the IT budget in spite of increasing demand.

Based on our broad process expertise in the Life Sciences Industry Systec & Services delivers RoI Consulting Services to provide advice for IT investments on the shop-floor level. Goal is to recommend solutions, identify value proposition of an IT investment, and to calculate the return on investment and other key financial advantages.

Our service:

• Presentation of RoI Consulting Methodology
• Identification of project targets

• Analysis of business processes
• Identification of tangible and intangible benefits
• Consideration of possible risks

• Tool based Analysis of data
• Presentation of Data in a Report and Management-slides

• Monitoring of project and its real results after the implementation

A survey on IT management of 130 senior IT executives found that:

• 51% have no process to evaluate IT investment against business strategy*
• 68% don't compare an IT project's benefits to original targets*
• 74% don't track financial metrics after making an investment decision*
• 80% say lack of financial skills makes quantifying IT benefits difficult*

Systec & Services can support you here!

*) Data: Northwestern University and DiamondCluster International survey