OpenConnect Introduces valueNow(SM) Program to Deliver Quantifiable ROI in Two Quarters or Less.valueNow(SM) Modernizes Business Processes while Minimizing IT Risks through Automated Business Process Many computer systems are available in the commercial marketplace that address the various aspects of Business Process Management. Most address one specific set of functionality; for instance, some allow the processes to be mapped (see Business Process Mapping) and documented (such as Discovery DALLAS -- OpenConnect Systems Inc., delivering technology solutions that turn mainframe assets into business value, today announced a new offering to deliver targeted, quantifiable business process improvements for organizations. The valueNow(SM) program combines OpenConnect's unique automatic business processes discovery technology and proven services to configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. process improvement solutions. The offering provides businesses with quick, low-risk initiatives that deliver real value. While most corporate data and business logic resides on mainframe systems, companies are struggling to modernize mod·ern·ize v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es v.tr. To make modern in appearance, style, or character; update. v.intr. To accept or adopt modern ways, ideas, or style. those systems to keep pace with changing business conditions. Current modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, methods consist of long, costly initiatives prone to failure. OpenConnect's valueNow(SM) method is based on automated business process discovery, which quickly provides a detailed process model allowing short, targeted business process improvement initiatives. OpenConnect's valueNow(SM) program consists of three distinct phases that modernize mainframe based business processes. * Discover: Two weeks to discover and document business process inefficiencies providing a set of process improvement opportunities with quantifiable ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . * Deploy: Two months to implement an improved business process through a fixed-bid process. * Derive: Two quarters to a payback Payback The length of time it takes to recover the initial cost of a project, without regard to the time value of money. on the investment through the improved business process, delivering tangible and quantifiable value. "Business process improvement requires a firm understanding of the behavior of the business users," said Jim Sinur, vice president and distinguished analyst, Gartner. "Business processes are dynamic; they change over time and users may not execute processes exactly the same. Successful businesses are able to quickly discover, analyze, optimize and deploy improved processes using fact based methodologies on top of modeling and anecdotal anecdotal /an·ec·do·tal/ (an?ek-do´t'l) based on case histories rather than on controlled clinical trials. anecdotal adjective Unsubstantiated; occurring as single or isolated event. methods." "The valueNow(SM) offering allows our customers to achieve documented payback in two quarters with a minimum of IT risk," said Edward Peters, 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. of OpenConnect. "There is no better option for companies looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. rapid ROI and quick time to value." About OpenConnect OpenConnect is the premier supplier of technology solutions that turn mainframe assets into business value. With a rich history of innovations in both mainframe and Web technologies, OpenConnect helps the worlds largest and most complex organizations comprehend, configure and securely connect to their mainframe applications and data through Web-based architectures. OpenConnect's solutions save companies time and money, improve return on legacy technology investments and minimize the risk of expansion into the online realm. OpenConnect's products are distributed in more than 60 countries and used by more than 60 percent of Fortune 100 companies. For more information on OpenConnect, visit www.oc.com. |
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