IT and facilities consultancy i3 Solutions Group and Romonet are partnering to add Romonet’s TCO (total cost of ownership) analysis capabilities to i3 Solutions Group’s services. 

i3 Solutions managing partner Michael Garibaldi said this will benefit i3 Solutions Group customers by providing the industry’s only consultancy solution that brings together IT and facilities with a common and accurate TCO modelling capability.

“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,” Garibaldi said.

“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 modelling and analysis.”

Romonet said its software is the industry’s first true TCO modelling 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 organisations.”

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.”