BOSTON, March 7, 2016 – MEGA International announced today that Forrester experts Henry Peyret and Sebastian Selhorst will speak at a webinar on Tuesday, March 15 at 11 am EST to discuss the results of a commissioned study on how a large, well-known financial services company expects to save more than $11 million using MEGA’s HOPEX IT Portfolio Management software solution.
They will review a case study Forrester Consulting conducted that measured what the company’s return on investment (ROI) would be after three years of using the HOPEX solution. The study estimates the three-year ROI at 302%.
The financial services company uses the HOPEX solution to consolidate applications, retire legacy tools, mitigate operational risks, reduce the use of external consultants, improve data collection and increase productivity.
“HOPEX IT Portfolio Management provides us with insight into how we can optimize the portfolio. Knowing the current state of the application and technology portfolio is very important, but transformation from the current state to the strategic target state was the primary objective in implementing this solution,” said the global leader of IT portfolio management at the financial services company.
MEGA commissioned Forrester Consulting to conduct the Total Economic Impact™ (TEI) case study with the financial services provider after it used the HOPEX solution with more than 3,000 applications.
“This study could help CIOs see how IT portfolio management can assist them in reducing costs and improving operations,” explained Lucio de Risi, CEO, MEGA. “It shows how a very prominent company relies on the MEGA solution to significantly reduce IT costs and risks and make essential strides in transforming their IT resources to be a strong company asset.”
MEGA’s HOPEX IT Portfolio Management solution helps companies evaluate the business value, cost, risk and performance of each IT asset and create a roadmap that shows how to add and retire technologies at the right time. It is integrated with BDNA Technopedia™, providing detailed information on the software technology of manufacturers worldwide.
The HOPEX solution, which has a typical ROI of 14 months or less, is often used during periods of rapid business and IT change, when more companies prioritize regaining control of their IT assets as the best way to begin a successful transformation initiative.
Webinar attendees will learn about the:
- TEI case study by Forrester
- drivers and future of technology management
- HOPEX IT Portfolio Management solution
Copies of the Forrester study, The Total Economic Impact™ Of MEGA International’s HOPEX IT Portfolio Management, will be available to webinar attendees following the event.