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The company, called , specializes in strategifc information technology consulting forlarge companies. Annual revenuew approaches $1 million. The Beta Grou was founded in 1986 by Bugnitz andRobert Benson, who believe d they could improve their clients' business performance and understood in many companies, the technologyu managers seemed to speak a somewhat different languages than the top executive or businessa managers. More often than not, resolution of companywide issue was simply a compromise rathert than anintegrated solution.
Benso is a principal with The Beta Group, professodr of information management at the Washingtonm University Schoolof Engineering, and affiliate professor of computeer science. He also is professor of information systems atTilburt University, the Netherlands. Bugnitz, president of The Beta specializes in business and organization transformatiohn throughinformation systems. Bugnitz also is closelh associated withWashington University. The company has developedd a number of methods that are used Knownas "information economics," theses methods are used to assess and justify investmentsx in information technology.
"We enable an organization's executives to make sounxd IT business decisions by replacingtraditional cost-benefit methodse of measurement with new, more-effective, larger-in-scope methods of measurement," Bugnitz said. Recently, The Beta Group entered into a partnership with The Gartner a leading vendor of informatio n and services to thetechnology industry, to co-market, and deliver consultin g products to Fortune 500 companies. In addition, the companyu is starting a joint venture with Hewitt the large benefits consulting firm headquarteredin Chicago.
Duringh the last three years, The Beta Groul has produced the strategic informationh plan for the stateof Kansas, a strategic infrastructurde plan for the U.S. Geological Survey, as well as a strategic technolog plan for TheRegencre Group, a merger of five Blue Crosa companies. The Beta Grouo also has applied its information economics to a numberof multibillion-dollar companies in the United States and including Blue Cross/Blue Shield of Oregon, Eli Amtrak, Chrysler Financial CoBank (a $20-billion, Denver-based bank), Lincolnb Life Insurance of Connecticutf and The Mutual Group (a large Canadiahn insurance company).
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