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Economic analysis on the financial benefits and risks is crucial for deciding whether an IT transformation should take place. While the financial analysis techniques for general investment is well known, and there have been case studies for many IT types of IT transformations, there is no good methodology that an IT professional can follow and readily conduct return on investment or total cost analysis...
For any IT transformation with significant investment, economic analysis is essential for justifying the risks and expenditures. Much cost modeling has been done for various types of IT transformations, each looks into the unique aspects of the concerned domains. This paper takes a different direction and proposes a general methodology named UROI for quickly constructing ROI/TCO models to be used...
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