TMNG Global Unveils New Cloud Value ModelSM
To Eliminate Financial Uncertainties of Cloud Migration
Comprehensive Cloud Financial Model Delivers Five-Year End-to-End Assessment of Actual Costs and Benefits for Businesses Moving to the Cloud
Overland Park, KS – September 7, 2011 – TMNG Global (NASDAQ: TMNG), a premier provider of professional services and software solutions to global leaders in the communications, digital media, and technology industries, today announced the launch of its new proprietary financial model – the Cloud Value ModelSM – 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, TMNG Global’s Cloud Value ModelSM is the only financial model that provides a robust cost/benefit analysis, enabling a business to maximize its return on investment.
“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,” said Rich Nespola, TMNG Global’s Chairman and CEO. “Our Cloud Value ModelSM 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. TMNG Global’s Cloud Value ModelSM allows companies to measure those benefits in real financial terms. The Cloud Value ModelSM itemizes 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 ModelSM provides the essential business justification for targeted customers to subscribe to the CSP’s Cloud services.
The launch of the Cloud Value ModelSM is third in a series of Cloud initiatives in 2011 that TMNG Global has announced. The company helps clients evaluate and manage the complexities of Cloud enablement.
For more information and a demonstration of the Cloud Value ModelSM, visit: www.tmng.com/Cloud-value or www.cartesian.com/Cloud-value.
About TMNG Global
TMNG Global (NASDAQ: TMNG) is a premier provider of professional services to the global leaders in the communications, digital media, and technology industries. TMNG Global and its divisions, CSMG and Cartesian, and a team of more than 600 experts, provide strategy, operations and technology consulting services and technical solutions to more than 1200 communications clients worldwide. The company is headquartered in Overland Park, Kansas, with offices in Boston, London, New Jersey, and Washington, D.C. For more information about the company and its services, visit www.tmng.com.