IT Business Modeling Service
| The Technology Opportunity Model (TOM) is a business driven service which verifies potential technology ROI options for your organization. A cost effective approach is used, leveraging the existing knowledge and expertise within your organization. The usage of business and project tools will depend on the circumstances of the project. For smaller projects, a simple project management tool may be sufficient to illustrate the project approach and business justification information. For larger projects a tool such as xBML could be used in conjunction with the client to abstract complexity, get people on board and flush out the business ROI. This approach claims that savings of $2bn have been made on various large company projects. 
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Other business modeling tools are available and there is also a recent standard from the OMG - Business Motivation Model (BMM) which may be of interest to some organizations who wish to link business strategy with IT. The first software products following this new business driven standard are now starting to appear.
Consideration of People, Process and Technology issues such as;
- clarifying business requirements
- identifying pragmatic, low cost, quick timeframe solutions
- obtaining people 'buy in'
- obtaining management commitment
- arranging proof of concept
- devising low risk, project approaches
- producing clear documentation
The service is suitable for organizations in one or more of the following situations;
- require assistance with completing the business requirements
- have identified a technology route forward (using the TOR service or other methods), but have limited resource to go into greater detail
- require assistance with the proof of concept approach
- require assistance with the risk mitigation, change mangement and project planning approach
- require assistance with the business justifcation model
An experienced project / technology consultant will use appropriate business modeling and project tools to produce a business justification report which includes the following;
- Executive Summary
- Business Requirements
- Technology Solution
- Proof of Concept
- Project Approach
- Business Justification - Technology Opportunity Model
- Suggested next steps to maximize ROI
The service will be conducted in a manner which minimizes the impact and cost for the client. To obtain detailed business domain knowledge, existing information will be re-used where possible and dialogue wil be restricted to a senior contact until an outline business justiifcation model is drafted. Further information on the approach is available upon request.
The service objective is to verify ROI opportunities and provide management justification for future implementation.
The cost of the service starts from £5000 (€6600) and depends on the specifics of the project.
TOM offers clients the opportunity to benefit by;
- verifying lower cost technology approaches
- getting people 'buy in' to innovative approaches to drive out inefficiencies and maximize effective knowledge transfer
- creating a platform to enable rapid business change and reduce development timescales
Please contact us if you wish to consider purchasing the Technology Opportunity Model service for your organization.
Technology Opportunity Report (TOR) service
Technology Opportunity Deployment (TOD) service
