The Management Network Group, Inc.
07.09.2011 09:00
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Comprehensive Cloud Financial Model Delivers Five-Year End-to-End Assessment of
Actual Costs and Benefits for Businesses Moving to the Cloud
LONDON, 2011-09-07 09:00 CEST (GLOBE NEWSWIRE) --
Cartesian, a TMNG Global company, today announced the launch of its new
proprietary financial model - the Cloud Value Model(SM)- which provides a
thorough analysis of a company's true costs and benefits before, during and
after migration to the Cloud. While there are many Cloud 'calculators' on the
market that provide a simplistic view of potential cost savings, Cartesian's
Cloud Value Model(SM) is the only financial model that provides a robust
cost/benefit analysis, enabling a business to maximise its return on
investment.
Commenting on the toolset launch, Rich Nespola, Chairman and CEO of TMNG Global
said:
'For many companies, the inability to accurately determine costs is a
significant barrier to Cloud adoption. This is particularly true as it pertains
to the comparison of legacy IT costs to the costs of new Cloud services. Our
Cloud Value Model(SM)performs a comprehensive five-year end-to-end lifecycle
analysis of IT operations, systems and applications, thereby quantifying both
the hard and soft costs and benefits of moving to the Cloud for our clients.'
As companies evolve to the Cloud, there are expected benefits: cost savings,
faster time-to-market for launching new services, and the ability to enhance
the role of IT staff to focus on execution of strategic initiatives.
Cartesian's Cloud Value Model(SM) allows companies to measure those benefits in
real financial terms. The Cloud Value Model(SM) itemises current IT costs,
including personnel, facilities, systems, operations, telecom/network expenses,
and determines those costs during and after migration to the Cloud, providing
the results over a five-year period. And for Cloud service providers (CSPs),
whose value proposition depends on how well customers understand the CSP's
current and future benefits, the Cloud Value Model(SM) provides the essential
business justification for targeted customers to subscribe to the CSP's Cloud
services.
The launch of the Cloud Value Model(SM) is third in a series of Cloud
initiatives in 2011 that Cartesian has announced. The company helps clients
evaluate and manage the complexities of Cloud enablement.
For more information and a demonstration of the Cloud Value Model(SM), visit:
www.tmng.com/Cloud-value or www.cartesian.com/Cloud-value.
Notes for Editors
About Cartesian Limited, a TMNG Global Company
Cartesian, a TMNG Global company (Nasdaq:TMNG), is a leading provider of
revenue assurance software and professional services to the communications,
technology, utilities and digital media sectors in Europe. Through parent
company, TMNG Global, sister division, CSMG, and 600+ senior consultants,
Cartesian provides a full spectrum of services and solutions to clients around
the globe. The company's clients represent all areas of the communications
industry including mobile and fixed telecom operators; entertainment, media and
technology companies; and the capital formation firms that support the
industry. Cartesian is based in London with corporate headquarters in Overland
Park, Kansas, and other company offices in Boston, New Jersey, and Washington,
D.C. For more information about Cartesian, visit www.cartesian.com.
The Cartesian logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=9602
CONTACT: Cartesian
Bill Hill, VP Business Development
william.hill@cartesian.com
07770 637825 (mobile)
020 7643 5555 (switchboard)
Brainerd Communicators
Jo Anne Barrameda / Danielle Pieri (Media)
barrameda@braincomm.com / pieri@braincomm.com
212.986.6667
News Source: NASDAQ OMX
07.09.2011 Dissemination of a Corporate News, transmitted by DGAP -
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: The Management Network Group, Inc.
United States
Phone:
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ISIN: US5616931029
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End of Announcement DGAP News-Service
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DGAP-News: Cartesian Unveils New Cloud Value Model(SM) to Eliminate Financial Uncertainties of Cloud Migration
| Source: EQS Group AG