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Frank Scavo to Share Best Practices for Benchmarking IT Spending in Next ComSci Webinar

ISELIN, NJ — (Marketwire) — 03/07/13 —

, the award-winning (ITFBM) solutions company, and Frank Scavo, president of , an IT research firm providing metrics for IT financial management.

Will present a webinar titled “Best Practices for Benchmarking Your IT Spending & Staffing Ratios.”

Thursday, March 28, 2013 at 2:00 p.m. EDT (1:00 p.m. CDT / 12:00 p.m. MDT / 11:00 a.m. PDT)

Registration for this complimentary event can be accessed at:

Benchmarking is a popular way for IT organizations to justify their IT budgets and better focus their efforts to achieve a state of continuous improvement. But without following certain principles, business leaders will likely question the validity of the outcome. During this webinar, ComSci-s vice president of Product Management, Brian Stedman, moderates a discussion with Frank Scavo, president of Computer Economics, who will draw on his IT management research firm-s experiences with a variety of clients to outline three complementary approaches to benchmarking.

Additionally, Scavo will share best practices for defining peer groups, selecting key metrics, understanding variations by industry and organization size, analyzing gaps and translating findings into actions. Attendees will also learn how to benchmark against companies that don-t look exactly like their own, why benchmarking against industry averages is a mistake, and why the most popular IT spending metric doesn-t give a complete picture. Finally, participants will find out what they can do to get maximum benefit from their benchmarking results.

CIOs, executives and IT professionals who wish to learn how they can attain better results from benchmarking their IT spending and staffing ratios are encouraged to attend this informative session.

Frank Scavo is president of Computer Economics, an IT management research firm providing metrics for IT financial and business management. Since 1990, Computer Economics has been the leading publisher of IT spending and staffing metrics, which are used by IT organizations and major consulting firms worldwide. Over the past seven years, Mr. Scavo has performed IT spending benchmarks for dozens of organizations, from Fortune 50 companies to small and midsize businesses.

delivers IT financial and business management (ITFBM) solutions and capabilities that empower organizations to implement more effective IT financial management processes and governance. Through decades of experience, strict adherence to ITIL technology financial management process guidelines and its suite of Web 2.0 IT finance and business solutions, ComSci helps IT organizations optimize technology costs by enhancing fact-based transparency and visibility, which in turn enables IT and business management to understand demand, utilization and value of its corporate technology resources. ComSci is headquartered in Iselin, New Jersey. ComSci has a growing number of clients for which it provides IT financial and business management solutions including The McGraw-Hill Companies, The Bank of New York Mellon, Whirlpool, NYU Medical Center, 1-800-FLOWERS.COM, NYSEuronext, Memorial Sloan-Kettering Cancer Center, AECOM, and UBS Investment Bank. Visit for further information.