The Utility Company, the leader in Technology-as-a-Service™, today announced the release of its Utility Meter Reading business-technology online assessment service for small & medium-sized businesses
February 5, 2007 (Press Release) --
February 5, 2007, Ottawa, Canada – The Utility Company, the leader in Technology-as-a-Service™, today announced the release of its Utility Meter Reading business-technology online assessment service for small and medium-sized businesses to better understand technology spending and utilization.
The Utility Company provides information technology as a utility to small and medium-sized businesses (SMB) providing the required hardware, software and service for a monthly fee per user. Utility was founded to address the two major problems in the SMB market today:
• Spending – the fact the average SMB spends $360 per user per month on technology for an industry total of $400 billion annually.
• Utilization – the fact that only 15% of this investment in technology is actually utilized by these businesses.
“The Utility Meter Reading provides SMBs with the ability to quickly understand what they are actually spending on technology along with how effectively they are utilizing technology in operating, communicating and managing their business,” stated Mark Scott, President and Founder of The Utility Company. “This online business-technology assessment is where we will now initiate all Connected Office™ service engagements with our customers. It is important for businesses to have a clear lens into their technology spending and utilization vis-à-vis their current status and future objectives.”
The Utility Meter Reading assesses a business in four categories: spending, operations, communications and management. The online assessment available at www.theutilitycompany.com examines these key areas and provides a report on how you are faring in terms of your current technology spending versus its effectiveness in meeting your business objectives in key areas such as sales, marketing, customer service, HR and finance.
• Spending Meter - determines the current expenditure level your organization makes toward information technology. Expenditures are broken down in terms of hardware, software and service with the total being displayed in terms of spending per user per month.
• Operations Meter - looks at how an organization leverages technology to effectively execute day-to-day activities. Ultimately, it looks at how much of the organization’s technology investment is actually utilized.
• Communications Meter - provides organizations with insight into how they are leveraging technology, particularly the Web, to communicate their business to key stakeholders, including customers, prospects, media, shareholders and potential employees.
• Management Meter - provides an overview of how an organization leverages technology to manage their business and the flow of information. Although technology continues to be adopted for business management, the ability to access data across an organization through an integrated system remains elusive.
The Utility Company provides information technology as a utility to small and medium-sized businesses (SMB) providing the required hardware, software and service for a monthly fee per user. Utility was founded to address the two major problems in the SMB market today:
• Spending – the fact the average SMB spends $360 per user per month on technology for an industry total of $400 billion annually.
• Utilization – the fact that only 15% of this investment in technology is actually utilized by these businesses.
“The Utility Meter Reading provides SMBs with the ability to quickly understand what they are actually spending on technology along with how effectively they are utilizing technology in operating, communicating and managing their business,” stated Mark Scott, President and Founder of The Utility Company. “This online business-technology assessment is where we will now initiate all Connected Office™ service engagements with our customers. It is important for businesses to have a clear lens into their technology spending and utilization vis-à-vis their current status and future objectives.”
The Utility Meter Reading assesses a business in four categories: spending, operations, communications and management. The online assessment available at www.theutilitycompany.com examines these key areas and provides a report on how you are faring in terms of your current technology spending versus its effectiveness in meeting your business objectives in key areas such as sales, marketing, customer service, HR and finance.
• Spending Meter - determines the current expenditure level your organization makes toward information technology. Expenditures are broken down in terms of hardware, software and service with the total being displayed in terms of spending per user per month.
• Operations Meter - looks at how an organization leverages technology to effectively execute day-to-day activities. Ultimately, it looks at how much of the organization’s technology investment is actually utilized.
• Communications Meter - provides organizations with insight into how they are leveraging technology, particularly the Web, to communicate their business to key stakeholders, including customers, prospects, media, shareholders and potential employees.
• Management Meter - provides an overview of how an organization leverages technology to manage their business and the flow of information. Although technology continues to be adopted for business management, the ability to access data across an organization through an integrated system remains elusive.
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