Business Services Industry
Glomark: Microsoft Office 2003 Has Rapid Return on Investment, According to New Glomark Study
Business Wire, March 31, 2003
Business Editors/High-Tech Writers
COLUMBUS, Ohio--(BUSINESS WIRE)--March 31, 2003
Glomark Corporation released a new study, which showed a rapid, positive return on investment for those that adopt Microsoft Office 2003 suite.
Glomark technology valuation analysts used their Economic Value Creation(R) (EVC(R)) methodology and the Genius Base Pro(TM) software tool to review the technical and operational costs and benefits of upgrading against two typical corporate IT environments and identified 13 quantifiable benefits.
In the first study, a $2.1 billion manufacturing company with 2,020 PCs, Glomark found that over three years the InfoPath(TM) information gathering and management program would increase productivity by $564,235 and support of XML would cut custom application development by $783,337. These, taken with other Office 2003 benefits, would most likely result in a payback of 5 months, a Simple ROI of 307%, and a net present value of $2.5 million.
For a $34 billion distribution company with 35,300 PCs, Glomark's analysis saw payback in six months and a 281% Simple ROI from an upgrade. The economic benefits for this company result in $18.8 million in positive net profit impact in the first year alone. OneNote(TM), a new feature that manages note taking, by itself produces $6 million from increased user productivity over three years.
"Interestingly the economic impact of all the productivity benefits of Office 2003, such as increased collaboration and feature discovery, are about the same economic magnitude as the cost reductions in the IT operations" David Foster, Vice President of Glomark Corporation, said.
Glomark can provide a tailored analysis of the impact of Office 2003 for IT buyers, or for a vendor's customers, and generate a business case that clearly presents the economic value of the upgrade. Microsoft partners sales forces that need to help their customers assess the economic value of the upgrade can also obtain the expert support of Glomark consultants, or purchase licenses and training on the Genius software.
In addition to the EVC Template for Office 2003, Glomark has many other templates available to assess the operational and economic value of Microsoft products, including Windows(R) XP, and Windows(R) 2000 Datacenter Server.
A value-based case for technology adoption
Glomark Corporation helps technology vendors sell solutions and services by giving them the methodology, training, and tools they need to assess and demonstrate their economic value to the customer. Glomark has refined this Economic Value Creation system for more than a decade, bringing to market a proven, complete solution that allows vendors to organize their offering, define each component's value, and quickly create customer-specific business cases. Technology users also employ Glomark's solutions and services to create an economic model for the evaluation of initiatives. For more information, see www.glomark.com.
Glomark, Economic Value Creation, EVC, and Genius are registered trademarks of Glomark Corporation.
Microsoft, InfoPath, and OneNote are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries.
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