GartnerMeasurement Offers European Monetary Union Assessment Service.STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 10, 1998-- -- Benchmark Service Assesses the Exposure of Applications to Business Changes Caused By the Conversion to the Euro -- GartnerMeasurement, the benchmarking unit of Gartner Group (company) Gartner Group - One of the biggest IT industry research firms. Address: Connecticut, USA. , Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : GART GART Phosphoribosylglycinamide Formyltransferase/Phosphoribosylglycinamide Synthetase/Phosphoribosylaminoimidazole Synthetase GART Graphics Address Remapping Table (AGP chipset) GART Graphics Address Relocation Table ), announced today the release of European Monetary Union European Monetary Union An agreement by participating European Union member countries that includes protocols for the pooling of currency reserves and the introduction of a common currency. Assessment (EMUA), a benchmark service that, over a three-year period, assesses an organization's exposure to business changes resulting from the conversion to the European monetary union (EMU emu or emeu (both: ē`my  ), common name for a large, flightless bird of Australia, related to the cassowary and the ostrich. ).GartnerGroup has predicted that, in nations without a decimalized currency, the cost of technical software changes to financial systems related to European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. currency adoption will, on average, be greater than the cost of achieving year 2000 compliance. In addition, GartnerGroup has predicted that more than 80 percent of organizations in the financial industry will experience total information technology (IT) costs to achieve euro conformance con·for·mance n. Conformity. Noun 1. conformance - correspondence in form or appearance conformity agreement, correspondence - compatibility of observations; "there was no agreement between theory and ranging from two to six times the cost ofyear 2000 compliance. EMUA is an objective, continuous program that provides evaluations of the time and effort required to adapt systems to the euro. After an initial on-site data review and assessment, up to three subsequent evaluations per year will be carried out, to incorporate compliance efforts as they progress. The assessments, which use data from GartnerMeasurement's extensive database, EMUA-specific data and GartnerAnalytics research findings, include: 1) an EMU Exposure Index that expresses an organization's exposure relative to others in the GartnerMeasurement database; 2) estimates on the total effort and cost required to achieve full compliance and operational sustainability; 3) progress indicators This article is about a concept in computing. See also the Genuine Progress Indicator metric in economics. A progress indicator is an element of a command line interface, a textual user interface, or a graphical user interface that is intended to inform the user that an that estimate cost and effort by phase; and 4) staff considerations that assess the feasibility in terms of staff available in relation to the magnitude of the task. "EMU quite possibly will be the most complex project that IT and business managers will face. To succeed, they need to treat EMU monitoring and planning as an ongoing activity, even if immediate system changes are not required," said Regina Paolillo, president, GartnerMeasurement. "European Monetary Union Assessment is the best way for clients to do this so that they can remain competitive on a global level." For more information on EMUA, call Maria Zorzos, GartnerMeasurement vice president, Product Strategy, at 1-203-316-6862. EMU compliance will be explored in depth at the upcoming GartnerGroup Symposium/ITxpo 98, the IT industry's largest and most comprehensive and prestigious strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. event. Symposium/ITxpo 98 will be held Oct. 12-16 in Lake Buena Vista, Fla.; Oct. 21-23 in Tokyo, Japan; Oct. 28-30 in Brisbane, Australia; and Nov. 2-5 in Cannes, France. For more information, call 1-800-778-1997 or 1-203-316-6757, E-mail ashley.pearce@gartner.com or visit the GartnerGroup Web site at www.gartner.com/events. About GartnerMeasurement GartnerMeasurement provides comprehensive measurement services in support of continuous improvement for every segment of a business's IT investment. With GartnerMeasurement's IT measurement methodology, IT and business executives can continuously measure and monitor IT activities to ensure the actualization actualization Psychiatry The realization of one's full potential of strategic business goals. Among other benefits, this enables enterprises to reduce costs, improve performance, appropriate resources, manage outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. relationships, test strategic planning assumptions and improve client relationships. In addition, GartnerMeasurement helps enterprises to understand relative competitive positioning and achieve continuous improvement of return on their IT investments. About GartnerGroup As the world's leading authority on IT, GartnerGroup provides clients with a wide range of products and services in the areas of IT 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 , measurement, research, decision support, analysis and consulting. Founded in 1979, with headquarters in Stamford, Conn., GartnerGroup is at the center of a global community of more than 11,000 client organizations served by analysts in 80 locations worldwide. GartnerGroup's unique capabilities and resources help bring clarity to the direction of the world's hottest and most volatile industry. Additional information about the company is available on the World Wide Web at www.gartner.com.
CONTACT: Kelly Clark
GartnerGroup
203/316-6449
kelly.clark@gartner.com
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