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Cost Reduction Will Remain Key Priority for IT Organizations Through 2004, Says META Group.


Business Editors/High-Tech Writers

METAmorphosis metamorphosis (mĕt'əmôr`fəsĭs) [Gr.,=transformation], in zoology, term used to describe a form of development from egg to adult in which there is a series of distinct stages.  PLUS! Conference

CHICAGO--(BUSINESS WIRE)--May 20, 2003

Agenda Draws Record Attendance to METAmorphosis PLUS! Conference in

Chicago

META Group, Inc. (Nasdaq: METG METG Military Effects Test Group ), predicts that continuing economic uncertainty and volatility through 2004 will drive IT organizations to focus on improving productivity, quality, and business alignment.

Meanwhile, concentrating on cost reduction (versus growth) will remain the key priority. This reality will force IT organizations to develop more responsive approaches to changing economic conditions.

"Uncertainty in the economy becomes an opportunity if your organization has the agility to shift and better position itself for growth," said Fred Amoroso Am`o`ro´so

n. 1. A lover; a man enamored.
adv. 1. (Mus.) In a soft, tender, amatory style.
, META Group CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Demands for greater transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending.  and accountability across all aspects of the business will drive IT organizations to rely increasingly on internal baselines and external benchmarks that monitor agility and balance performance-area resources (e.g., help desks, data centers, networks) to justify IT budgets and technology decisions. We expect the percentage of Global 2000 organizations actively using IT performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1].  will increase from 50% (currently) to at least 66% by the end of 2004, with at least 75% having consistent performance measurement and tracking capabilities in place by 2007."

This year's METAmorphosis agenda is truly geared to top-tier IT and business executives, providing a unique value proposition to help them more efficiently and effectively deploy technology to achieve their overall business objectives. Approximately 40% of all registered attendees are CIOs, business executives, or IT decision makers.

In addition to in-depth presentations from the company's top executives and analysts, META Group's exclusive CIOnly(SM) Program offers CIOs the opportunity to meet and exchange ideas in a CIO-only environment via interactive roundtables and private lunch/dinner, all hosted by a senior META Group analyst. The program was developed to provide CIOs with the necessary guidance to help meet today's toughest challenges. Furthermore, METAmorphosis attendees will have the opportunity to meet with more than 40 leading technology and service vendors at the Technology Showcase, which is featured in Chicago and at all METAmorphosis PLUS! events worldwide. The sold-out event kicks off today at the Chicago Hilton.

About META Group

META Group is a leading provider of information technology research, advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
, and strategic consulting. Delivering objective and actionable Giving sufficient legal grounds for a lawsuit; giving rise to a Cause of Action.

An act, event, or occurrence is said to be actionable when there are legal grounds for basing a lawsuit on it.
 guidance, META Group's experienced analysts and consultants are trusted advisors to IT and business executives around the world. Our unique collaborative models In psycholinguistics, the collaborative model(or conversational model) is a theory for explaining how speaking and understanding work in conversation, specifically how people in conversation coordinate to determine definite references.  and dedicated customer service help clients be more efficient, effective, and timely in their use of IT to achieve their business goals. Visit metagroup.com for more details on our high-value approach.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 20, 2003
Words:422
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