SOURCE: ComSci

ComSci

February 25, 2013 08:00 ET

ComSci Announces New Product Releases and Enhancements to Improve Clients' Technology Demand Planning and IT Cost Optimization

New Advancements Give Customers More Visibility and Greater Understanding of the Costs, Demand, Utilization and Value of Their Technology Investments

ISELIN, NJ--(Marketwire - Feb 25, 2013) - ComSci, the IT financial and business management (ITFBM) solutions company, today announced details of its latest applications and product enhancements designed to help IT organizations manage and communicate the cost, quality and value of the services they deliver to the enterprise. Already an industry leader in ITFBM solutions, ComSci's new enhancements further position the company on the cutting edge of the industry.

Since its inception, ComSci has developed ITFBM solutions that help companies gain enhanced IT cost transparency and visibility, enabling them to understand and optimize demand and utilization of technology resources. ComSci's solutions provide clients with proven ROI within six months of deployment. With its latest enhancements, ComSci brings greater value to its clients by enabling them to take a more predictive and prescriptive approach to improving business performance. ComSci's new and enhanced capabilities include:

Application Rationalization - ComSci's application rationalization enhancements enable organizations to view their applications portfolio as a whole and identify opportunities for significant cost savings. This latest enhancement provides organizations the visibility to look at all of their cost components via visual 'heat map' representation, with drill-down capabilities to identify how much time and resources are spent on each component. It also gives them the ability to readily identify applications with the highest costs and measure them against their service level agreements, to ensure that all applications and other services provided by IT are at the appropriate service level.

Consumer Demand Planning - ComSci enhanced its consumer demand planning capability, making this ITFBM application even more flexible and easier to use. Consumer demand planning benefits client organizations by creating a projected bill of IT that forecasts demand over a given period of time, facilitating greater collaboration between business unit managers and IT managers. This demand planning is designed to be used during the technology budgeting and planning process. In addition, with enhanced consumer demand planning, IT managers can more accurately anticipate resource requirements necessary to support the business by comparing expected demand against current and planned technology inventory levels.

"What If" Cost Analysis - The company also refined its "What If" analysis and scenario planning capabilities to further improve the way IT organizations determine the impact of new technology. ComSci's improved 'What If' analysis applications enable clients to more readily recognize the technology products and services that can save corporate financial resources and improve efficiencies. With this powerful enhancement, users can experiment with different data and technology solution scenarios, like third-party cloud services, to see how changes in usage and adoption of new technology products will affect IT costs, allowing better fact-based decisions about the technology they deploy.

Plug and Play - ComSci has enhanced its plug and play capabilities, offering users a secure, single sign-on process and full integration into its ITFBM solution. Developed with the latest SAML architecture, the solution can be installed into clients' portals and on-premise intranets and fully integrated throughout the enterprise. In addition, ComSci has advanced its tablet compatibility with state-of-the-art HTML5 architectures, ensuring its tools and solutions can be accessed on all tablet devices and browsers.

"Our latest enhancements are designed to improve the user experience and facilitate the way our clients manage and control their IT costs and utilization," said Brian Stedman, ComSci's Vice President of Product Development. "ComSci is committed to delivering industry-leading ITFBM that can take our clients beyond the diagnostic stage, giving them the foresight needed to accurately predict IT demand and consumption, improve business performance and achieve a state of true technology optimization. Additionally, these new enhancements will enable IT organizations to quickly react to business changes and provide the immediate cost impact to the business units."

According to Dennis Callaghan, Senior Analyst, Enterprise Software at 451 Research: "ComSci has emerged to be a top competitor in the fast-moving IT business management (ITBM) space. We like the progress ComSci has made so far, and expect it will continue to show up in competitive evaluations in this space and win its fair share of deals."

ComSci's industry-leading ITFBM solutions can be seen in action by contacting the company to schedule a full solution review.

About ComSci
ComSci delivers award-winning IT financial and business management solutions and capabilities that empower organizations to implement more effective IT financial management processes and governance. Through decades of experience, strict adherence to ITIL technology financial management process guidelines and its suite of Web 2.0 IT finance and business solutions, ComSci helps IT organizations optimize technology costs by enhancing fact-based transparency and visibility, which in turn enables IT and business management to understand demand, utilization and value of its corporate technology resources. ComSci is headquartered in Iselin, New Jersey. ComSci has a growing number of clients for which it provides IT financial and business management solutions including The McGraw-Hill Companies, The Bank of New York Mellon, Whirlpool, NYU Medical Center, 1-800-FLOWERS.COM, NYSEuronext, Memorial Sloan-Kettering Cancer Center, AECOM, and UBS Investment Bank. Visit www.comsci.com for further information.