Financial benefits from IT

The ability to realise the financial benefits of an organisation’s investment in IT remains a constant challenge. It is not only the ability of employees to use a new system, or the rate at which customers take up a new service – the first challenge is to build the application in the first place.

According to the Standish Group, on average 82% of all IT projects are delivered late and only 52% of the originally required features and functions make it into the final released application.

The standard approach to application development isn’t working. Clearly a change is required and VeriSIM Application Lifecycle solution represents that change.

The prototype element of the solution provides your company with a fully functioning simulation of the new application that Business and IT can sign off to dramatically reduce change control later on and allow the IT teams to accurately project total build cost and project length. For more information about application prototyping…

Realising the full potential of IT investment eventually comes down to ensuring that the people who use the application are able to do so quickly and effectively.

Internally, challenges such as staff retention and fines when employees don’t use systems correctly can expose organisations to costly issues. VeriSIM’s employee application training solutions speed up the rate at which employees are able to use technology in the safest, most efficient way possible. For more information about application training…

Finally, investment in a system that could dramatically reduce costs in other channels as well as increase per customer revenue is being wasted if customers don’t use it. VeriSIM’s marketing simulations of online applications are proven to accelerate the overall ROI on major investments in systems such as online banking. For more information about application marketing…

See also

Case studies
Our clients' successes

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