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i3 Solutions Group and Romonet Partner To Bring First Lifecycle TCO Analysis To Enterprise Data Center Operators
"Understanding TCO is highly important in the financial services sector, but notoriously difficult to do. As a result it is often not done at all," said Michael Garibaldi, Managing Partner of i3 Solutions Group. "We pride ourselves on our ability to optimize the performance of critical IT and Facilities assets in line with the business objectives. Adding Romonet's technology to our services means that it now becomes easy to model all the financial aspects in addition to the operational ones. For the first time it allows fully-costed 'what-if' situation modeling and analysis."
Romonet software is the industry's first and only true TCO modeling technology, offering data center operators a customizable view of operational and financial performance from portfolio to platform - providing visibility into and control over data center costs, thereby reducing financial risk and increasing operational predictability.
Commenting on i3 Solutions Group's global reach in the Financial Services, Medical, Telecoms, Pharmaceutical, Media and Colocation industries, Zahl Limbuwala, CEO of Romonet said: "Partnering with i3 Solutions Group enables us to address the growing demand from companies in those sectors - especially financial services organizations."
Ed Ansett, Managing Partner of i3 Solutions Group added: "There is a lack of consistency across technology strategy, design, implementation and operation in the market. There is also inconsistency across the IT stack. The major consulting firms tend to focus on business process and applications consulting and less on technology infrastructure. Similarly, systems integrators concentrate on technology hardware and have little ability in critical facilities."
"Only a small percentage of CIOs and CEOs currently 'get' the massive advantages in having all these disciplines working together, co-planning and co-designing. Our new partnership with Romonet adds even more to this advantage because we can now bring the expertise of the CFO to the table as well."
"Operating worldwide, i3 Solutions Group's strong presence in Asia Pacific allows us to expand our ability to address the market demand we've seen from the region," said Zahl Limbuwala, CEO of Romonet.
Founded in 2006, Romonet® is a UK based software company, with offices in London, San Francisco and New York. Romonet has developed the world's only predictive modeling tools for building true Total Cost of Ownership (TCO) financial models for Data Center & IT operators. Romonet allows businesses to accurately predict, account and manage financial risk within their data center or cloud computing environment. Romonet's technology has been repeatedly described as the industry's holy-grail of predicting and controlling financial performance. For more information, visit www.romonet.com
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