BOSTON, May 18, 2015 - Executives from MEGA International will meet with CIOs from Fortune 1000 companies at the CIO Forum in San Francisco on June 4 to demonstrate how companies can shift their IT resource allocation from operational maintenance toward growth and innovation.

“Every CIO is trying to ‘slide the line’ on the IT budget, because more than 80% of budgets are typically spent on day-to-day maintenance of existing systems,” noted Lucio de Risi, CEO, MEGA. “They are challenged to devote more funding to innovation in IT so they can support digital transformation.”

“Because of the complexity of the IT environment, companies are choosing to automate their methods of assessing, planning and changing IT resources,” de Risi went on to explain. “Companies with complete insight into the financial and operational elements of their IT portfolio are the ones that have successfully decreased maintenance and license expenses and dedicated more funds to innovation.”

MEGA offers software solutions that help companies focus on business agility. Fortune 1000 companies have been using the MEGA solutions for more than 20 years to help gather and evaluate information to create a ‘single source of truth’. This united and interactive view of the whole business, its assets, processes and risks, can be shared by many employees, work groups and managers across division lines or geographies to increase collaboration. It helps executives initiate successful digital transformation programs, while managing and reducing risks that often accompany change. 

The company has long been recognized for its innovation in business solutions by industry analysts. Gartner, Inc. has named MEGA as a leader in its enterprise architecture Magic Quadrant reports for six consecutive years. The company has also been cited as a leader by Chartis Research and Hypatia Research Group.

About MEGA

MEGA International is a global software firm helping companies manage enterprise complexity by giving them an interactive view of their operations. Executives gain the visibility and information they need to make the right choices for effective governance and for striking the right balance between capacity for innovation, cost optimization, and risk management. Backed by HOPEX software and MEGA services, companies can boost business and IT agility in today’s disruptive business environment.

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