The high cost of large information technology (IT) initiatives coupled with a need to demonstrate solid return on IT investments are the key drivers behind a new service launched today by Ajilon Consulting and ITCentrix. Known as "IT Value Management," the new service combines ITCentrix's Value Accelerator software toolset, which began shipping in 2001, with Ajilon Consulting's implementation, life cycle governance and management capabilities. IT Value Management lets CIOs demonstrate objectively to corporate management the lasting business value of the organization's current and future IT investments.

IT Value Management lets the CIO and top management view and analyze the value of all IT investments – applications, projects, infrastructure, people and processes – in the context of industry benchmark data, IT objectives, and the organization's financial metrics such as revenue, headcount or productivity. The outcome is a clear and definitive relationship between dollars spent on technology and what that investment is worth to the business.

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