Overseeing more than $500 Billion in assets, The Capital Group
is one of the world’s most successful investment management
firms. Thus it is vital they continually apply leading technology
to
their worldwide operations.
With the advent of n-tier applications looming and application development IDE’s in their infancy, The Capital Group selected virtualASSETS to aid them in evolving their online application development strategy.
With a “Teach them to fish vs. fish for them” philosophy, virtualASSETS:
1. Assisted in evaluating and selecting initial development tools.
2. Established standards and best practices for future project consistency and minimal exit costs.
3. Architected and developed initial online “Global Billing System”.
4. Migrated legacy systems to new architecture.
5. Trained internal resources on new development practices.
BCN knew they had an exciting opportunity for marrying
wireless Internet and Real Estate investments. Yet they understood they
couldn’t repeat the worn out ISP model. They were also challenged by
the
lack of skill sets needed to incorporate many standard technologies
from both the software and infrastructure sectors.
Turning to virtualASSETS for insight BCN far exceeded their expectations. Going the extra mile virtualASSETS:
1. Uncovered thirteen new eBusiness revenues, increasing the average revenue per user by 904% over ISP based revenues.
2. Facilitated an outsourced, open source development strategy at a fraction of the cost to develop internally.
3. Collaborated on eBusiness and competition strategies.
4. Guided BCN’s IT hiring and knowledge transfer.
