Avantsoft Corp. Unveils CIOView for Lotus Notes & Domino Lotusphere '99 Showcases a Revolutionary Tool for Notes & Domino Cost/Benefit Analysis

Business Wire, Jan 19, 1999

ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 19, 1999--At Lotusphere '99 today, Avantsoft Corp. introduced CIOView for Lotus Notes & Domino, its groundbreaking return on investment (ROI) analysis tool for calculating the costs and financial benefits of deploying Lotus Notes and Domino. CIOView produces a comprehensive ROI analysis for companies considering purchasing and deploying Lotus Notes & Domino. Lotus Development Corp. is distributing CIOView for Lotus Notes & Domino as a sales and marketing tool to each of its Business Partners attending Lotusphere this week.

CIOView Dramatically Reduces Notes Sales Cycles

According to International Data Corporation (IDC), customers spending $1 million on Lotus Notes & Domino software take 18 months on average to make their purchase decision. Among those customers that can demonstrate a proven ROI, 65% make their purchase decision in six months or less.

"Without a doubt, the vast majority of companies want to know the costs and benefits of technology before they purchase it." explains Scott C. McCready, President of Avantsoft Corp. "By shortening the purchase cycle, Lotus Notes & Domino customers also get a competitive advantage because they get their business benefits an awful lot faster."

Detailed Knowledgebase Consolidates Pre-deployment Analysis

CIOView takes a prospective Lotus Notes & Domino customer through a structured interview process. An approximate cost and benefit answer is provided in five minutes or less. If the customer thinks they have a promising IT initiative they can proceed through a more detailed level of analysis.

CIOView's built-in knowledgebase created specifically for Lotus Notes & Domino reduces months of pre-deployment analysis into hours. Avantsoft's extensive knowledgebase is the cornerstone of CIOView for Lotus Notes & Domino. It includes over 500 benchmarks for the costs and benefits of deploying the Notes family of products. In addition, it features hundreds of deployment recommendations based on the experiences of consultants in the field. Finally, the cost data associated with hardware, software and services is supplied by IDC, considered the world's leading technology market research company.

Final Output is a Customized, Graphical Report

The final output is delivered in the form of a fully customized, 20 page report, which charts such items as ROI, Internal Rate of Return (IRR), Net Present Value (NPV), payback period, your cost category distribution, as well as your sources of financial returns. Prospective Lotus Notes & Domino customers can even perform "what if" scenarios on a patent pending ROI analylzer varying items such as cost of capital, depreciation method and length, corporate tax rate, and other financial elements.

The Power to Sell Your Ideas

"Give us an hour of you time and we will give you the power to sell your ideas! According to our customers, this is the main benefit of CIOView. Its ability to quickly generate all the costs and benefits to back-up their latest IT initiatives. Now they are free to sell the idea within a context that their senior management can fully appreciate, that is a very liberating experience," explains Scott C. McCready.

Pricing and Availability

CIOView for Lotus Notes and Domino is priced starting at $499 per unit. It is available immediately by visiting the Avantsoft web site at www.avant-soft.com or by calling 800-799-6894.

About Avantsoft Corporation

Avantsoft Corp. was formed by leading IT consultants to ensure that organizations obtain the best possible financial return from investing in new technology. As more and more companies require a formal financial analysis prior to making any significant software investments, companies are increasingly turning to Avantsoft's CIOView software as a rapid solution to simplify and speed-up their IT purchase process. CIOView has been created by the same IT consultants that have completed several hundred ROI on-site case studies throughout the world and produced the most respected ROI study ever completed with more than 165,000 copies in print. Avantsoft's on its web site at www.avant-soft.com.