May 03, 2011 08:00 ET

Technology Financial Management Leader ComSci to Exhibit at Forrester IT Forum 2011

ISELIN, NJ--(Marketwire - May 3, 2011) -

ComSci, LLC, the preeminent provider of Technology Financial Management (TFM) solutions and capabilities for the CIO, CFO, IT leadership team and business unit management.

Will exhibit at Forrester IT Forum 2011
"Accelerate at the Intersection of Business and Technology"

Wednesday, May 25 - Friday, May 27, 2011

Forrester 2011 IT Forum
The Palazzo Resort Hotel Casino
3325 Las Vegas Blvd. South
Las Vegas, Nev.
"Solutions Showcase" Booth 213
Murano Room, Level 3

The Forrester IT Forum will bring together more than 1,000 senior IT professionals, industry analysts and global technology thought leaders to discuss building bridges to new business partnerships, scaling innovative solutions and co-creating business and technology management strategy.

ComSci will be exhibiting its Technology Financial Management capabilities including its SaaS-based ITCostFlow™ module, built for C-suite leadership, senior IT executives, as well as IT finance, service and product management professionals who need to deploy a superior, accurate strategic financial modeling discipline within their IT organization. With ComSci's ITCostFlow, users can:

  • Perform allocation, activity- and service-based costing to model entire IT portfolio rates and determine total cost of ownership (TCO) of each product and service IT delivers
  • Dynamically prepare, revise and define entire organizational IT budgets including both internal and external sourcing
  • Assess and readily communicate Run-the-Business (RTB) vs. Change-the-Business (CTB) components of IT portfolio costs to determine cost optimizing opportunities
  • Benchmark IT portfolio costs against industry peers and alternative solutions such as cloud computing and virtualization

ComSci will also showcase its interrelated CIO Invoice™ module that assists IT organizations in attaining complete organizational cost, capacity and utilization transparency. CIO Invoice delivers to IT teams and corporate management an in-depth understanding of the costs/prices involved in delivering a complete IT portfolio of services by:

  • Delivering complete and accurate cost/price and consumption information around the solutions IT delivers to the business
  • Providing business management with insights into their consumption of IT resources and positively affecting technology consumption behavior throughout their corporate environments
  • Optimizing the technology product/service mix between internal and external providers
  • Harnessing technology to achieve strategic business outcomes
  • Strengthening the partnership between business and IT executives

ComSci representatives will be on hand in the Forrester IT Forum 'Solutions Showcase' Booth 213 to help attendees strategically address concerns surrounding IT transparency initiatives and Technology Financial Management.

About ComSci
ComSci delivers Technology Financial 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 solutions, ComSci helps IT organizations optimize technology costs by enhancing 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 Management capabilities including The McGraw-Hill Companies, The Bank of New York Mellon, Whirlpool, NYU Medical Center, 1-800-FLOWERS.COM, SAP AG, Memorial Sloan-Kettering Cancer Center and UBS Investment Bank. Visit for further information.