|
New Research: Pay-As-You-Go IT Services Deliver Real Business Value, Today
Study of 310 user executives published by Saugatuck Technology and CFO Research Services indicates that "PAYG" IT is delivering real business benefits and accelerating toward the mainstream
Westport, CT April 2, 2004 "Pay-As-You-Go" (PAYG) IT is delivering real business benefits, and is moving beyond early adoption as it accelerates rapidly toward the mainstream, according to a new research report published today by IT strategy firm Saugatuck Technology and research partner, CFO Research Services.
Termed On Demand by some, Adaptive Enterprise or Utility Computing by others all are essentially talking about how IT will increasingly be available for use on an as-needed, as-used basis. Such a capability provides flexibility for businesses to grow and change, and to compete effectively while managing expenditures on more of a "utility" basis.
According to Saugatuck, not only are 73 percent of business, finance and IT executives now familiar with PAYG as a concept, but current users are convinced that PAYG can help reduce costs and complexity, and enable competitive advantage.
This is the next sea-change in business computing," stated Saugatuck senior program director Mike West, director of the PAYG research program. While PAYG represents a major shift in the way that IT projects are funded, deployed and managed, the potential benefits go beyond dramatically reducing capital and operating costs. Instead, the promise is one of delivering higher ROI, being more responsive to changing business needs, and accelerating how quickly the business benefits of technology can be realized.
At the same time, CFOs and CIOs are all too well aware that planning and process bottlenecks are ubiquitous and prevent the rapid reallocation of resources as new market opportunities and threats emerge noted Mary Driscoll, President and Editorial Director of CFO Research Services. As companies eliminate these constraints, and learn how to turn on a dime, the true potential of PAYG will kick in.
The findings indicate that nearly 20 percent of companies are already taking advantage of PAYG, with more than 50 percent of executives citing business benefits. At the same time, however, Saugatucks analysis reveals that this mini-revolution will take time to unfold for both the underlying technologies that support its longer-term vision, as well as the business applications and sourcing models that will help make it a reality. Further, it wont be a panacea for all companies in all situations. Early adopters who have gotten the biggest returns are those that have highly variable infrastructure and application requirements or who have pockets of internal customer demand that would be prohibitively expensive to fund under normal operating scenarios.
Research Survey and Interviews
This independent research study was conducted from November 2003 through March 2004 by Saugatuck Technology, a business and market strategy consultancy based in Westport, CT. The final report is co- published by Saugatuck and CFO Research Services, the sponsored research arm of CFO Publishing Corp., which produces CFO magazine. Partial funding for the publication of the research was provided by IBM, Employease and Perfect Commerce.
In total, 310 senior business, financial and IT executives participated in the study. More than 30 were interviewed for this report.
To download a copy of the Executive Summary, please go to www.cfo-research.com/PAYG.htm. The full research report will go on sale starting April 12, 2004. To order, please contact Shirley Nemchek at (203) 454-3900 or go to Saugatucks website at www.saugatech.com/paygorder.htm.
|
Company: Chris MacGregor
| Related press releases |
New Research: Pay-As-You-Go IT Services Deliver Real Business Value, Today [2004-09-08 00:00:00]
Study of 310 user executives published by Saugatuck Technology and CFO Research Services indicates that "PAYG" IT is delivering real business benefits and accelerating toward the mainstream
Westport...
|
|
Real-Time Research Powerhouse U. of Virginia Licenses McObject's eXtremeDB [2004-07-06 00:00:00]
McObject's eXtremeDB in-memory embedded database has won over private sector innovators such as Boeing and Motorola, and now academic experts are taking note: the University of Virginia's Laboratory f...
|
|
Forbes.com to Offer KnowledgeStorm Business Technology Content -- Companies Offe... [2004-09-07 00:00:00]
KnowledgeStorm (knowledgestorm.com), the Internets most highly-trafficked search site for IT product, service, reseller and hardware information, today announced its award-winning content is now offe...
|
|
New Research: The IT Utility Defines the Future Data Center [2004-08-31 00:00:00]
Saugatuck research indicates virtual data centers will provide IT as a utility, but vendor and user obstacles remain
Westport, CT July 23, 2004 -- In a report published today by Saugatuck Technology...
|
|
Saugatuck and CFO Research Launch Business Process Outsourcing Program [2004-09-16 00:00:00]
Joint research program focuses on changing BPO buyer behavior, user expectations and decision factors
Westport, CT February 3, 2004 - Saugatuck Technology and CFO Research Services today announce t...
|
|
Soleil Securities Selects Pivot Solutions IMtrader [2004-08-31 00:00:00]
Pivot Solutions IMTrader to offer IM and FIX connectivity to Soleil buy-side customers.
Boston, Massachusetts July 27, 2004 -- Pivot Solutions, a leading provider of technology solutions for institut...
|
|
Y2G Associates 2003 3rd Quarter Revenue Up 110% [2004-09-30 00:00:00]
Increased Services and Market Visibility Combined with New Clients Continue to Drive the Growth of Y2G Associates. We continue to deliver unprecedented value to software organizations by helping them ...
|
|
The Taiwanese server industry enjoys growth in 2004 as shipment volume and value... [2004-09-01 00:00:00]
Research and Markets are delighted to announce the addition of The Taiwanese Server Industry, 1Q 2004 and Beyond to their offering
July 3, 2004 -- Quarterly shipment forecasts up to the first quarte...
|
|
There is ongoing recognition of the importance of IT security in the business wo... [2004-09-08 00:00:00]
Research and Markets have announced the addition of The Global Dimension of IT security report to their offering.
March 24, 2004 -- There is ongoing recognition of the importance of IT security in...
|
|
Optimised Networks Announces New Partner for its Network Monitoring Service [2004-09-06 00:00:00]
Buckinghamshire based IT Solutions joins the Optimised Networks Partner Programme. IT Solutions will market the Optimised Networks Monitoring service to its small and medium business customers
Steven...
|
|
|
|
| Lotto Cheatah |
 Award-winner. Rated BEST lottery software! Proven over 6 years of real-world lottery player use to improve your chances of winning at least 3-fold! Covers 27 major lotteries in 4 countries. Internet connection required. |
|
| EDraw Flowchart Software |
 EDraw is a new flowchart software, which creates flowcharts and org charts with minimum time loss for you. Support basic flowcharts, organizational charts, business charts, hr diagram, work flowchart, programming flowchart and network diagrams. |
|
| MySharpSQL |
 Learn from ebook and well commented example source codes, the easy way to use MySQL with C#. In addition to an ebook, this package contains a real world .NET program that allows you to manage a collection of MySQL and C# programming notes. |
|
| HTML-Optimizer Pro |
 HTML-Optimizer Pro speeds up your site by optimizing HTML and script code of your web pages and optimizing your JPEG images. It checks your pages for dangling tags, missing attributes and broken links. Its Smart Handling feature is a real time-saver. |
|
| PA Server Monitor |
 PA Server Monitor is a Windows service that monitors the health and availability of Windows servers, network services (on Windows, Linux and other operating systems), and devices. No agents are needed to monitor remote servers. Rich reporting too. |
|
| DynaPlot |
 DynaPlot is a real-time ActiveX chart control for technical applications. It features dynamic scaling of chart elements with control size, tolerance masks, built-in tools like cursors, markers, scroll, pan, zoom... |
|
| Stock Works |
 Stock Works is Shareholder/Stock Certificate Tracking Software for the Small Business Corporation. If you track stockholders and stock certificates for the small business corporation, then use Stock Works to spend minutes to save yourself hours. |
|
|
Latest press releases
