iRise Introduction

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    Visualization & Requirements

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    Visualization & Requirements

    Introduction

    What is Visualization?

    iRise Software Tool Live Presentation

    Success Stories

    Agenda

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    Todays Takeaway

    How to

    Collaborate between

    Business and IT efficiently

    Evoke

    Customer delight

    Go to market

    twice as fast

    with 30% less cost

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    Visualization & Requirements4

    Whatis Visualization?

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    Seeand interactwith softwareBEFORE

    it is deve

    lope

    d!

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    of allsoftware projects fail!

    Today

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    not meeting

    ExpectationsToo Costly

    not on

    Time

    Many software projects are

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    There is a

    betterway!

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    Insight

    IdeateVisualize

    Validate

    What is the business need?

    Possible scenarios

    Createvisual blueprint

    Is business need fulfilled?

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    Software Tool

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    www.goodmethodsglobal.com

    Standard Development Lifecycle by Phase

    Post-iRise Development Lifecycle by Phase

    Plan Analyze Design Build Test Deploy

    Rework

    Interaction

    Plan Analyze Design Build Test Deploy

    ReworkIterate and interact with iRisesimulations

    With iRise, you can interact with a proposedapplication earlier instead of later in the development

    lifecycle, thus eliminating much of the rework.

    Elimination of Rework

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    30-50% of SDLC Savings with Visualization

    Plan

    Analyze

    Design

    Build

    Deploy

    Test

    Rework Savings

    Savings

    SDLCwithVisualization

    ConventionalSDLCwithoutVisualization

    Visualization enables you todiscover missed or poorly

    understood requirements ineach phase of the systemdevelopment lifecycle

    (SDLC), savings totaling30%-50% overall

    improvement

    Savings

    Savings

    Savings

    Savings

    Savings

    Savings

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    Visualization & Requirements

    Live Presentation

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    Visualization & Requirements

    Benefits

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    Improve

    RequirementsDefinition

    Improve process,accuracy, andcompleteness ofapplicationrequirements.

    Reduce

    RequirementsCycle Time

    Collapse timeframebetween projectkickoffand build start date.

    Heighten

    Communication& Collaboration

    Improve interactionwithin project teams andcustomer stakeholders.

    Engage Users /

    CustomersEffectively

    Identify opportunitiesto engage customerbase more effectivelythrough sharedartifacts.

    1 2 3 4

    Reduce Cost and Get Application to Market Faster

    Get Application to

    Market Twice asFast

    Speed up yourapplication deliverytimelines.

    5

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    Visualization & Requirements

    Merrill Lynch Success Story

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    iRise let us get

    business and IT on the

    same page faster than

    ever before.

    Marvin Balliet

    COO, Global Wealth

    Management, Merrill

    Lynch

    Merrill Lynch Cuts Delivery Time By 9 MonthsBackground

    Merrill Lynch was beginning work on an account opening project that had failed manytimes in the past. With the adoption of iRise, the wealth management application wassuccessfully developed at a lower cost and has subsequently shown to save 50,000hours of employee time annually.

    Highlights

    Development costs cut by $2.5M. Annual operational efficiency improved by $10M.

    Step Historical With iRise

    User Requirements 18 Weeks 3 Weeks

    Business/Technology Requirement Elaboration 9 Weeks 2 Weeks

    Coding (Initial Code Drop) 22 Weeks 18 Weeks

    Coding Error Corrections 18 Weeks 9 Weeks

    Training/Rollout 22 Weeks 13 Weeks

    Total 89 Weeks 45 Weeks

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    Visualization & Requirements

    Additional Success Stories

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    Customer PaybackAAA Insurance 30% Reduction of project cost

    Cardinal Health 25% Reduction in definition time

    CitiGroup 88% Time reduction in task analysis & documentation

    Comerica 80% Reduction in requirements-related defects

    CompuCredit50%

    Reduction in requirements cycle time25% Reduction in overall SDLC

    KeyBank 30% Increase speed to market

    M.D. Anderson 50% Increase speed to market

    Merrill Lynch 49% Reduction in overall SDLC

    Sentara 50% Reduction in requirements cycle time

    Sprint 20% Reduction in SDLC

    Wachovia 58% Reduction in customer support contact rate

    WaMu 25% Acceleration of the development cycle

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    Visualization & Requirements

    How to:

    Collaborate between Business and ITefficiently

    Go to ma

    rket twic

    eas fast with 30% l

    ess cost

    Evoke customer delight

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    Take away for this presentation

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    Thank You!

    Good Methods Global

    www.GoodMethodsGlobal.com

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