Comprehensive Cloud Financial Model Delivers Five-Year End-to-End Assessment of Actual Costs and Benefits for Businesses Moving to the Cloud
LONDON, Sept. 7, 2011 (GLOBE NEWSWIRE) -- Cartesian, a TMNG Global company, today announced the launch of its new proprietary FINANCIAL model – the Cloud Value ModelSM– which provides a thorough analysis of a company's true costs and benefits before, during and after migration to the Cloud. While there are many Cloud "calculators" on the market that provide a simplistic view of potential cost savings, Cartesian's Cloud Value ModelSM is the only financial model that provides a robust cost/benefit analysis, enabling a business to maximise its return on investment.
Commenting on the toolset launch, Rich Nespola, Chairman and ceo of TMNG Global said:
"For many companies, the inability to accurately determine costs is a significant barrier to Cloud adoption. This is particularly true as it pertains to the comparison of legacy IT costs to the costs of new Cloud services. Our Cloud Value ModelSMperforms a comprehensive five-year end-to-end lifecycle analysis of IT operations, systems and applications, thereby quantifying both the hard and soft costs and benefits of moving to the Cloud for our clients."
As companies evolve to the Cloud, there are expected benefits: cost savings, faster time-to-market for launching new services, and the ability to enhance the role of IT staff to focus on execution of strategic initiatives. Cartesian's Cloud Value ModelSM allows companies to measure those benefits in real financial terms. The Cloud Value ModelSM itemises current IT costs, including personnel, facilities, systems, operations, telecom/network expenses, and determines those costs during and after migration to the Cloud, providing the results over a five-year period. And for Cloud service providers (CSPs), whose value proposition depends on how well customers understand the CSP's current and future benefits, the Cloud Value ModelSM provides the essential business justification for targeted customers to subscribe to the CSP's Cloud services.
The launch of the Cloud Value ModelSM is third in a series of Cloud initiatives in 2011 that Cartesian has announced. The company helps clients evaluate and manage the complexities of Cloud enablement.
For more information and a demonstration of the Cloud Value ModelSM, visit: www.tmng.com/Cloud-value or www.cartesian.com/Cloud-value.
Notes for Editors
About Cartesian Limited, a TMNG Global Company
Cartesian, a TMNG Global company (Nasdaq:TMNG), is a leading provider of revenue assurance software and professional services to the communications, technology, utilities and digital media sectors in Europe. Through parent company, TMNG Global, sister division, CSMG, and 600+ senior consultants, Cartesian provides a full spectrum of services and solutions to clients around the globe. The company's clients represent all areas of the communications industry including mobile and fixed telecom operators; entertainment, media and technology companies; and the capital formation firms that support the industry. Cartesian is based in London with corporate headquarters in Overland Park, Kansas, and other company offices in Boston, New Jersey, and Washington, D.C. For more information about Cartesian, visit www.cartesian.com.
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